It’s no secret that the economy affects the events industry. When event budgets are slashed, event attendance drops, attendees are less willing or able to travel, and those attendees who do show up feel the effects of the economy. Even in good economic conditions, exhibitors are being forced to scrutinize every detail to prove the […]
Meeting planners can’t keep the Euro from collapsing or prevent a double-dip U.S. recession. But they can prepare to be their own best advocates.
Recently ranked one of America’s most affordable cities, the No. 1 U.S. destination for domestic business and leisure travel, and the second-most popular international destination for global business and leisure travelers, one could say Las Vegas is successfully rebounding from a difficult 2009. But although 2010 is looking brighter, the Las Vegas hospitality and tourism […]
The current economic crisis is forcing everyone in the meetings industry to get creative with strategic solutions to meet client needs, ease budget concerns and keep events from being canceled. Cutting back has been the primary cure-all. “[We’re seeing] chicken instead of beef, shorter reception times, less audio visual, simpler staging and simpler décor,” says […]
Questions asked at this table were: What are the best markets to target in this economy? and What do incentive groups (or your clients) want now?
Touted as “where Mississippi meets the world,” the new $65 million Jackson Convention Complex (JCC) is putting Mississippi’s capital city on the map — both figuratively and economically. “The Jackson Convention Complex is crucial to our local economy,” stated General Manager Linda McCarthy. “Convention business means large crowds, which means more business for our hotels, […]
From Kristi: At every industry event I’ve been to in the past year, I’ve met recently laid off meeting planners. With the current unpredictable state of affairs and the rising unemployment rate, many people are wondering what they’re going to be thankful for next year. So I thought it would be worth sharing career coach […]
The key to success in our current industry seems to hinge on one word: flexibility. We see the U.S. financial market sitting on a seesaw with the global economy, creating ups and downs that require balance and tenacity. With one tip, the meeting professional can teeter, but a strong hold on creative solutions will level […]
By Christine Born When I used the word “recession” in a recent “good news” email about companies that took advantage of difficult times in the past and came out ahead, I got some negative feedback. People don’t like to say the word out loud. Generally, government and financial advisors, news commentators and press reports dance […]
Whether you label it a “recession” or not, everyone is tightening their belts. What’s a planner to do?