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News and Events » Recession

52 news articles found (sort by date, views)

MPI Meeting Outlook Spring 2014

MPI Meeting Outlook Spring 2014 07/06/2014. The latest research predicts continued growth in virtual and hybrid meetings and slight shifts in budgets while reporting on the overall health of the meeting and event industry.Meeting professionals have ...
Views: 2,914

Incentives that Deliver the Wow

Incentives that Deliver the Wow 20/05/2014. Incentive travel is making a comeback—of sorts. The demand is there but challenges persist.Demand is strong for incentive business these days, with more organizations opting for international destinations and content-rich ...
Views: 2,736

All in the FAM

All in the FAM 01/05/2014. To remain strategic and respect planners’ time, destinations and hotels are planning shorter familiarization trips that often include important extras: educational components, networking sessions or a community service opportunity.For many ...
Views: 2,392

After the Economic Fall

After the Economic Fall 13/01/2014. As Europe emerges from recession, meeting professionals report steady and growing business—and a glass-half-full attitude.The latest reports from Eurostat, the statistical arm of the European Union (EU), would seem to ...
Views: 2,384

Bucharest to Host MCE Central & Eastern Europe Next February

Bucharest to Host MCE Central & Eastern Europe Next February 17/10/2013. The 4th edition of MCE Central & Eastern Europe, the B2B event promoting MICE business in CEE & CIS countries, is scheduled to take place at the Radisson Blu (Bucharest, Romania), from ...
Views: 2,322

Revenue Growth for Both Business Units of Sixt in First Six Months of 2013

Revenue Growth for Both Business Units of Sixt in First Six Months of 2013 07/09/2013. Sixt Group closed out a good first half year 2013 with business performance in line with company expectations. The international mobility service provider’s two business units, Vehicle Rental and Leasing, recorded revenue ...
Views: 2,408

Do Trade Shows Still Have Value?

Do Trade Shows Still Have Value? 22/04/2013. Value is a loaded word.The worth of something is subjective, depending who’s doing the evaluating and how. When it comes to trade shows, does the organizer’s investment determine their value? ...
Views: 5,377

Ten Predictions for Business Travel, Meetings and Events in 2013

Ten Predictions for Business Travel, Meetings and Events in 2013  12/02/2013. It seems that the business travel, meetings and events industry continues to evolve each year, and 2013 will likely reflect some significant shifts that will influence where, when and how we meet ...
Views: 7,158

Is It Safe to Return to the Water?

Is It Safe to Return to the Water? 25/10/2012. How economically challenged european countries can be a boon for U.S. Meetings"Spain’s Credit Crunch," "Greece’s Euro Woes," "Challenges for Europe’s Economic Core." These are just some of the recent news ...
Views: 5,749

Greening Engagement

Greening Engagement 07/08/2012. Sustainability practices bond employees (and attendees) to a company and drive innovation.Ask David Oakey, a carpet designer at Interface Flor, for his inspiration for 2003’s über-popular (and, now, oft knocked ...
Views: 4,423

Business as Usual as EIBTM Warms Up for 2012 Edition

Business as Usual as EIBTM Warms Up for 2012 Edition 28/05/2012. As EIBTM prepares to celebrate its 25th anniversary, Event Planner Spain has spoken to the exhibition’s director Graeme Barnett about the next edition, scheduled to be held from 27-29 November 2012 at ...
Views: 4,482

Smart Hotelier’s 2012 Top Ten Digital Marketing Resolutions

Smart Hotelier’s 2012 Top Ten Digital Marketing Resolutions 12/02/2012. Last year the economy remained in "recovery mode," allowing the industry to focus its efforts more on marketing to the travel consumer and less on scaling back budgets for the first time ...
Views: 9,311

Seven Event Venue Must-haves for 2012

Seven Event Venue Must-haves for 2012 21/01/2012. When Ron Johnson planned a recent conference for the State Bar of California in Hong Kong, the group wanted to minimize its carbon footprint. Responding to this concern, he arranged the entire ...
Views: 8,365

Incentives 2011

Incentives 2011 01/11/2011. Times are tough for the incentives industry. With traces of the recession still lingering, companies have continued to keep their belts tight and their employees close to home. One U.S. company, however, ...
Views: 5,271

Good News for the Spanish Business Travel Market

Good News for the Spanish Business Travel Market 16/04/2011. The increase in air ticket sales for business travel indicates recovery for the sector in 2011, according de GEBTA Spain.After several years of recession, the FQ1 results, presented recently by ...
Views: 3,365

Welcome Back to the Solutions Economy

Welcome Back to the Solutions Economy 12/01/2011. In 2002, advertising was out and marketing solutions were in. You didn’t sell ad space, you sold benefits. Budgets were still tight from the last recession, but there was a sense that ...
Views: 5,155

The HeBS Perspective: Members-Only, Flash Sales and Group Buying Sites – Are These New Retail Concepts a Good Idea for Hotel Distribution?

The HeBS Perspective: Members-Only, Flash Sales and Group Buying Sites – Are These New Retail Concepts a Good Idea for Hotel Distribution? 07/01/2011. Emerging as a result of the recession, members-only, flash sale and group buying sites have gained traction and paramount growth over the past three years. Although originally associated with limited, discounted, higher-end ...
Views: 5,608

Hotel Revenue Management is Now More Important than Ever

Hotel Revenue Management is Now More Important than Ever 14/12/2010. I first introduced "Revenue Management for Dummies" in 2006. My goal was to break down some simple steps to improve hotel profitability by focusing on managing rates and inventory instead of centering ...
Views: 5,398

"Break-It" Hotel Marketing…A Mental Exercise

"Break-It" Hotel Marketing…A Mental Exercise 18/11/2010. More than twenty years ago, I read a book about break-it marketing which, from that point on, influenced the way I view the hotel marketing process. Break-it marketing changes the way we ...
Views: 6,479

Signs of the Times

Signs of the Times 12/11/2010. As the economy ambles its way back—minus the occasional stumble and (god forbid) the dreaded double-dip—some industries have awakened from forced hibernation to take measure of what (if anything) is left. Not ...
Views: 5,481

Smart Hotelier’s Guide to 2011 Internet Marketing Budget Planning

Smart Hotelier’s Guide to 2011 Internet Marketing Budget Planning 06/11/2010. Hoteliers, we are already in that time of year again: marketing budget planning season. In this environment of uncertainty and mixed economic news, many hotel owners and operators are finding themselves in ...
Views: 6,394

Five Disruptive Forces Will Change the Meeting Industry Forever

Five Disruptive Forces Will Change the Meeting Industry Forever 01/10/2010. I wish things would just get back to normal. I’ve heard that plea from many business leaders in the past few months. The recession appears all but over, but the ...
Views: 6,400

Hotels Are Poised To Reboot & Refresh Their Rate Structures - Getting Back In The Game

Hotels Are Poised To Reboot & Refresh Their Rate Structures - Getting Back In The Game 24/09/2010. I’ve read several articles lately which discuss rate building post recession. At least one of those articles provided suggestions which are completely opposite of acceptable revenue management principles. So, before you blindly ...
Views: 6,127

Déjà Vu: The Billion Dollar “Leakage” Continues to Drain the Hospitality Industry

Déjà Vu: The Billion Dollar “Leakage” Continues to Drain the Hospitality Industry 12/09/2010. Back in December 2003, Smith Travel Research published a much discussed article titled, “The Billion Dollar Leak - The Impact of The Merchant Model on US Hotel Profits.” In this article the ...
Views: 5,642

Three Changes We Will See in Hotel Marketing in 2011

Three Changes We Will See in Hotel Marketing in 2011 12/08/2010. In the last two years, the economy has taken a severe toll on our industry and its resources. In the resulting scramble to stay afloat, many hotels turned to every marketing and ...
Views: 11,571

It’s Time for Hoteliers to Sharpen the Saw - A Common-Sense Approach to Renewal

It’s Time for Hoteliers to Sharpen the Saw - A Common-Sense Approach to Renewal 06/07/2010. In 1989, Stephan Covey published a book entitled 7 Habits of Highly Effective People. If you haven’t read this book, I strongly suggest that you do. For me, it has made a ...
Views: 11,195

Get Excited

Get Excited 18/06/2010. U.S. President Barack Obama implemented change as his overall campaign theme, and it has very much become the theme of his administration. Now it seems the word change also applies to what ...
Views: 10,155

It Takes Attitude, More than an Economic Turnaround, for Hotels to Recover from the Recession

It Takes Attitude, More than an Economic Turnaround, for Hotels to Recover from the Recession 19/05/2010. For many hotels, their recession has been over for quite some time now. These hoteliers realized that recovery from a bad economy is a matter of attitude, more than reality, and that ...
Views: 10,362

Mastering Internet Marketing in 2010: Results of the 4th Benchmark Survey on Hotel Internet Marketing

Mastering Internet Marketing in 2010: Results of the 4th Benchmark Survey on Hotel Internet Marketing 16/03/2010. With 2009 over and hoteliers feeling more optimistic, HeBS sees two very different approaches to hotel Internet marketing in 2010: on one side, some hoteliers are still extremely cautious when spending marketing ...
Views: 11,732

Defying Convention - What recession? Convention centers across the globe aren’t just holding on

Defying Convention - What recession? Convention centers across the globe aren’t just holding on 31/01/2010. The recession's got a track record – a fact that convention centers throughout the world just might want to embrace. “This isn’t the first recession we’ve dealt with, [so] we ...
Views: 11,579

Site Index Report - Annual Analysis and Forecast for the Motivational Events Industry

Site Index Report - Annual Analysis and Forecast for the Motivational Events Industry 22/12/2009. This Site Index report addresses the impact of today’s economic climate on the motivational events industry. Specifically, it assesses the thoughts of both buyers and suppliers regarding the immediate impact of the ...
Views: 7,628

The Prisoner’s Dilemma, the Stockholm Syndrome, or a Case of Both?

The Prisoner’s Dilemma, the Stockholm Syndrome, or a Case of Both? 06/11/2009. This Just InI have just heard through the industry grapevine that Expedia has cut off negotiations with Choice Hotels and has removed Choice properties from its sites, which include Expedia.com and ...
Views: 12,541

Low Five-Star Hotel Occupancy Rate Calls for Drastic Measures

Low Five-Star Hotel Occupancy Rate Calls for Drastic Measures 27/08/2009. According to Smith Travel Research, the occupancy rates for luxury hotels worldwide dropped to 57% from January-July 2009, compared with an average occupancy rate of 71% for the same period in 2008, ...
Views: 8,883

How Highly-Effective Hotel Managers Communicate

How Highly-Effective Hotel Managers Communicate 25/08/2009. If someone were to ask me the most important quality of an effective hotel manager, it would be the ability to communicate clearly with hotel staff, superiors, peers, and guests. I believe ...
Views: 11,478

Grow Your Recovery Strategy – Preparing for the Inevitable Economic Upswing

Grow Your Recovery Strategy – Preparing for the Inevitable Economic Upswing 18/08/2009. While many meeting professionals struggle with declining corporate budgets, Tami Forero has been busier than ever. Her company, Forte Events in Colorado Springs, Colo., which specializes in corporate and nonprofit meetings, saw ...
Views: 11,715

Advertising Will Change Forever

Advertising Will Change Forever 09/08/2009. Here’s one of the things we do at Forrester Research: we interview as many marketers as we can about their plans, identify trends and project future likely conditions, and then we put ...
Views: 8,936

Five Creative Steps Hotels Are Taking To Beat the Recession

Five Creative Steps Hotels Are Taking To Beat the Recession 18/07/2009. The recession has stimulated many hoteliers to use some creative ways to drive sales. Their focal point is to create ways to capture sales in the most cost-effective means possible, with the ...
Views: 10,640

Getting Back to the Basics Part II: Case Studies & Best Practices from the "Hotel Internet Marketing Trenches"

Getting Back to the Basics Part II: Case Studies & Best Practices from the "Hotel Internet Marketing Trenches"  06/07/2009. In June 2008, HeBS presented an article titled Getting Back to the Basics: The Hotelier’s Internet Marketing Action Plan for a Difficult Economy. A year later, we would like ...
Views: 11,868

Let’s Be Honest, Does Your Hotel’s Website Suck? – How and Why People Choose Hotels Online

Let’s Be Honest, Does Your Hotel’s Website Suck? – How and Why People Choose Hotels Online 24/06/2009. There’s only one way to know whether or not your website is doing its job and that is to check the number of reservations it’s generating. If you have an independent hotel, ...
Views: 10,052

Travel is Changing …What Will Hotels Do to Keep-Up?

Travel is Changing …What Will Hotels Do to Keep-Up? 26/05/2009. The bursting of the economic bubble altered why and when people travel and has intensified the way they choose where to stay. But, fortunately, a few things haven't changed. Travel has slowed, ...
Views: 10,005

Mastering Internet Marketing in 2009: Results of the 3rd Benchmark Survey on Hotel Internet Marketing

Mastering Internet Marketing in 2009: Results of the 3rd Benchmark Survey on Hotel Internet Marketing 21/05/2009. In the tough year that 2009 is turning out to be for hoteliers, it is crucial to know where every marketing dollar is being spent. When reevaluating marketing plans – as most ...
Views: 9,779

The Hotel Challenge to Manage Marketing Expenses – What to Cut; What to Keep

The Hotel Challenge to Manage Marketing Expenses – What to Cut; What to Keep 25/03/2009. This year, there are few things that are certain, but one thing is for sure; the travel business pie is shrinking. To compound the problem, so many people, in the business and ...
Views: 10,565

Malaga Tradeshow and Congress Centre Generates EUR 119 Million for Local Economy

Malaga Tradeshow and Congress Centre Generates EUR 119 Million for Local Economy 22/03/2009. In 2008, Malaga's Tradeshow and Congress Centre registered a turnover of 6.83 million euros, with an incremental sales volume of 35.44 million euros since opening. Likewise, the centre's direct running costs were ...
Views: 9,565

Mexico City's World Trade Centre to Host Latin American Summit for Tourist Services

Mexico City's World Trade Centre to Host Latin American Summit for Tourist Services 17/03/2009. Promoted by EyeforTravel Latin America, the Travel Trade Forum's Latin American Summit for Tourist Services, which is due to be held from 21-22 April 2009, will address a number of crucial matters, ...
Views: 8,439

Russian Feeder Market’s Potential for Spanish Tourist Industry

Russian Feeder Market’s Potential for Spanish Tourist Industry 15/03/2009. Coinciding with Medvedev’s recent official visit to Spain, a collaboration agreement in the field of tourism was signed with the aim of developing the economic and tourism potential of both countries. However, ...
Views: 8,396

Ultramar Event Management Organizes Biggest Chinese Executive Trip to Date in Barcelona

Ultramar Event Management Organizes Biggest Chinese Executive Trip to Date in Barcelona 11/03/2009. Through the Chinese travel agency CYTS MICE, Michelin China chose the Catalonian company Ultramar to organize an incentive trip for over 500 of the company's executives, which took place in Barcelona from ...
Views: 8,083

In a Recession…Hotel Sales Basics Still Work

In a Recession…Hotel Sales Basics Still Work 06/03/2009. We live in a highly technical world; the Internet, blogs, webinars, PDAs ,and email; holy smokes, we sure are getting sophisticated. But, in the process, are we leaving the tried and true ...
Views: 9,980

Planner vs. Recession – boost sales, cut costs and turn the recession into a unique opportunity for professional growth

Planner vs. Recession – boost sales, cut costs and turn the recession into a unique opportunity for professional growth 30/01/2009. As stock markets crash, corporate profits plunge and meeting professionals worldwide brace for painful budget cuts, one planner is fighting back with a blog.Once a month, Alison Ray, CMP, founder ...
Views: 9,199

MeetDifferent in the New Economy

MeetDifferent in the New Economy 24/01/2009. It’s not pretty out there. As the economy grinds to a crawl and companies slash more meetings, planners are fighting aggressively for every shred of business. Yet, David DuBois, CMP, CAE, is ...
Views: 8,818

Hotel Revenue Management Meets the Recession… Are You Prepared to Fight for Business in ’09?

Hotel Revenue Management Meets the Recession… Are You Prepared to Fight for Business in ’09? 18/01/2009. Well, it’s déjà vu all over again, the hotel industry is facing severe business challenges; how we react to those challenges will determine how quickly we can return to some semblance of ...
Views: 9,665

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