Meeting planners to fight lower attrition rates
In a recent poll conducted by MiMegasite.com, half of the 200 meeting and conference planners who respondents indicated that the strictest attrition percentage they would accept in their meeting contract is 20% of the room block.
This is significant in the seller market place for meeting space of the past 18 months, which has lead hotels, and other conference venues to move up the minimum percentage of room-nights a group must fulfill.
The good part of the other half of those surveyed are to varying degree willing to accept the minimum pick-up rate to be negotiated upwards. This ensures that their meeting takes place in their preferred venue, or because the planners know they will not have problems meeting the higher commitment percentages. 22 percent of respondents said they would sign an agreement that called for 90 percent pick-up of the room block, while another six percent said they would sign an agreement calling for 95 percent pick-up of the block.
David
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Qatar Airways offers flexible payment options for European travellers
Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Skyscanner reveals major travel trends 2026 at ITB Asia
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists