Upcoming events

Follow Us

Menu
Log in
Log in

                                                                                                                                                           MEMBER LOGIN

Some Meeting Changes Are Here to Stay...- Business Travel News

November 17, 2020 10:17 AM | Morgan Christopher (Administrator)

Group business is key to a full recovery of the hospitality industry, but when that will happen remains an open question, according to hospitality executives speaking at two sessions at this week's New York University International Hospitality Industry Investment Conference. They also weighed in on which changes to meeting protocols that Covid-19 has ushered in are temporary and which may be permanent.

"Large groups have got to come back," said Wyndham Hotels & Resorts president and CEO Geoff Ballotti. "This cannot be a permanent change. We are seeing [small meetings] with 100 or 200 attendees, but when will the meetings with thousands of attendees come back is the question. An important reason it has to come back is because of the impact on our team members. … The industry estimates that anywhere from one-third to one-half of the 4 million people who have been laid off rely on those large meetings and conventions, they rely on the banquet and catering. We as an industry need to figure out a way for these large groups to come back so this is not permanent."

Starting with the return of small groups with hybrid meetings is easier to manage and test more efficiently, said Choice Hotels president and CEO Patrick Pacious. "We're kidding ourselves though if we think it will come back in the same way [as before]," he said. "You have to look at all the investments businesses have made in virtual private networks, in Zoom, in Microsoft Teams. CFOs around the country will say, 'We made this investment, do we really need to send people out to these long meetings?' On the margins, you'll see when business travel comes back fully, some of it may not return. We as an industry need to be thinking about it and figuring out how to adapt the assets we have to attract the business traveler of the future, but also looking at the new normal."

For full article - https://www.businesstravelnews.com/Meetings/Some-Meeting-Changes-Are-Here-to-Stay-Say-Hospitality-Execs

Comments

  • September 16, 2021 1:37 AM | Lasix
    Canadian Pharmacies Shipping To Usa
    Link  •  Reply
  • October 01, 2021 9:06 PM | get gabapentin online
    Buy Synthroid Paypal
    Link  •  Reply
  • November 11, 2021 7:41 PM | Lasix
    Messes Edh On Amoxicillin
    Link  •  Reply
  • November 12, 2021 8:30 AM | can i buy prednisone over the counter
    Mail Order Stendra Us Medication Pharmacy
    Link  •  Reply
  • December 04, 2021 3:35 PM | what does plaquenil do to your body
    Lioresal Injectable
    Link  •  Reply
  • December 06, 2021 5:33 PM | how long does it take plaquenil to work for lupus
    azithromycin and tadalafil
    Link  •  Reply
  • December 18, 2021 11:21 AM | buy zithromax no script
    Propecia Risultati
    Link  •  Reply
Powered by Wild Apricot Membership Software