EIC releases quarterly research on the recovery of group meetings business

Northstar - December 17, 2021 - “Activity levels certainly have improved relative to a year ago, when group hotel room nights and RFP activities were just 31 percent and 22 percent of 2019 Q3 levels, respectively. Gains have come as public health conditions improve in many regions and as organizations and individuals return to in-person events”.

We remind planners who are considering financial risk management solutions such as bank guarantees, letters of credit or escrow accounts for advance deposits, to do so early in the planning stages and definitely before signing vendor contracts.

Read the full article here in Northstar