The hospitality/meetings/events industry is suffering so much now due to the AIG effect and economy. I subscribe to the Business Helping Business newsletter and this latest request sums it up perfectly:
0407.N1 - SUMMARY: I need to fill a 4 million dollar cancellation at a Conference Center that has over 900 overnight guestrooms and 250 meeting rooms in the metro Washington DC northern Virginia area. This cancellation caused us to have to lay off 8 people last week.
Cancelling meetings is not the answer! I truly believe that businesses will benefit 100 times over by meeting face to face.
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