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At a recent meetings-industry conference, hotel executives explained how their properties struggle to balance rising operational costs with competitive rates for meeting groups. Also, group food and beverage contributes about as much profit as guest rooms.
The input costs for labour and materials are starting to impact the costs of audio-visual (AV), food and beverage (F&B) for the hotels, exhibit space and accommodation. Gratuities are also increasing adding to the average bill for any conference session with food.
The circle got considerably bigger in 1987, with a vote to open up membership to professionals in the fields of science, education, and engineering, and bigger still in 1990, when all nonprofit associationmeeting professionals and CEOs were invited to join. “We A Meeting Runs on Its Stomach. “As Heart Attack on a Plate.
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