*Site Selectors Get 3 Percent

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RITZ RESTRUCTURES COMMISSIONS: WILL OTHERS FOLLOW SUIT? In a move competitors call "gutsy" and planners call "bold," Ritz-Carlton cut commission payments to third-party site-selection firms to 3 percent as of November 6.

The proliferation of intermediaries earning 10 percent commissions to bring meeting clients to properties prompted Ritz-Carlton to make the change in its commission structure. Ritz will keep paying 10 percent com

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