Event Planners Lose Commissions as Meetings Shrink

From yesterday's NYTimes:

When meetings or conferences are canceled — a relatively common occurrence in these financially difficult times — hotels collect a fraction of the money they were expecting, and participants lose the chance to network or gain knowledge about their industry.

But one group of hospitality professionals is literally watching its livelihood go down the drain as corporate events are pared to the bone — the corporate event planners hired by companies to book and coordinate meetings.

Link: http://www.nytimes.com/2009/07/07/business/07meetings.html?hp

--John

www.idspeakers.com