Will the Oil Price Spike Affect Meetings?

FUEL PRICES SKYROCKETED this summer, and the increases appear to be having some impact on the meeting and incentive industry.

“There's a lot of pressure on pricing,” says Jim Germain, president of Las Vegas — based destination management company USA Hosts. “[Gas] prices are running at least 25 percent higher, and all of our vendors are affected. Prices are going up significantly.”

As an example, Germain points out that his company has seen some of its transportation sup

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