Financial Firms Love Day Meetings

Trend Watch with Regina Baraban, Editor at Large

Nearly 80 percent of the corporate meetings business this year at The Pierre, a Taj Hotel, in New York City, has come from the financial services industry, according to Bill Spinner, director of catering at the hotel. Most of the meetings are from New York companies and typically run one business day.

Day meetings tend to be low on the desirability scale for luxury hotels—unless, as with The Pierre, there is a high proportion of meeting space to guest rooms. With 18,000 square feet of

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