"There's something happening here," says author Thomas Friedman referring to the spontaneous protests from Tel Aviv to Wall Street. According to Friedman, we are witnessing seismic changes from two overarching narratives: The Big Shift and The Great Disruption. That coupled with the systemic challenges of our stagnant economy for the next decade could have a great impact on the meetings industry. Stagnant Economy Glen Hutchins, CNBC’s Squawk Box, Glen Hutchins, Federal Reserve Board member and … [Read more...]
Welcome To The New Normal: Tips For Event Professionals
On Wednesday, January 27, 2010, I had the pleasure of presenting a breakout at Explore Minnesota 2010 Tourism Conference. Here is the workshop description and PPT from that presentation. Many American consumers have internalized the recession experience. Research shows that marketers need a fresh lens through which to view consumers in a post-recession world. Traditional assumptions underpinning consumer, meeting attendee, and event professional segmentation are no longer valid. Many have … [Read more...]
Are You Smarter Than A 5th Grader Hotel Revenue Manager?
Are You Smarter Than A 5th Grader Hotel Revenue Manager? Tips For Securing 2010-2012 Meeting Venues This post is written by Dave Lutz, Managing Director, Velvet Chainsaw Consulting. Read more about Dave. How’s your crystal ball doing these days? If you’re a Hotel Revenue Manager, you’ve gone through one of the toughest years of your life. I mean, how many times does it take to lower a forecast before you nail it? Who would have thought that things would get as crappy as they did in 2009? … [Read more...]