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Planners lose negotiating clout, as meetings recovery takes hold

from Travel Market Report

The long-awaited meetings industry recovery is finally under way, shifting the negotiating advantage away from planners to hotels, according to a new study from Colliers PKF Hospitality Research. While transient and leisure travel began turning around soon after the recession ended in 2009, hotels did not see group demand recover until 2011, according to Robert Mandelbaum, director of research information services for Colliers PKF Hospitality Research. more

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