Hospitality Industry Forecasts for 2009

According to the annual “Global Business Travel Forecast and Trends” report, released this fall by American Express Business Travel, the downwardly spiraling economy may actually cause a couple of results that could be positive for the meetings business: airfares likely will decrease and hotel rates will hold relatively steady. More good news, at least for planners on the corporate end, is that small meetings, direct-report staff meetings, smaller sales meetings, training meetings, and