Hotels tighten small meetings booking requirements
What used to be a buyers market for small meetings booked with as little as two months out, has become a seller’s market over the past year as room availability as become a big problem.
As the market for last minute small meetings grow, hotels are pushing their customers to book them earlier as last minute bookings often run into availability problems that could mean higher prices and/or accepting alternate properties and locations.
For last minute smaller meetings of 100 or fewer attendees, hotels are increasingly asking for higher prices and/or higher food and beverage minimums and meeting room rental fee spend.
The availability problem for last minute meeting bookings is illustrated by Marriott International’s corporate meetings services division having to placed 60 percent of its customers at non-Marriott properties, due limited availability at their own properties.
The availability problem has caused booking lead times to go from an average of 1-3 months to 4-6 months for some hotels and conference centers over the past year.
At Hilton, 67% of their meetings are less than 100 rooms. To meet this demand and the related problems Hilton launched four months ago a automated booking system for last-minute events for non-negotiable group rates for bookings of five to 25 guest rooms.
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.































Airlines suspend Madagascar services following unrest and army revolt
Qatar Airways offers flexible payment options for European travellers
TAP Air Portugal to operate 29 flights due to strike on December 11
Air Mauritius reduces frequencies to Europe and Asia for the holiday season
Airbnb eyes a loyalty program but details remain under wraps