Getting Around the "AIG Effect"

May 8 2009 by Chris McGinnis
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Due to the current, tough economic climate, U.S. companies canceled an estimated $1 billion worth of conferences in the first two months of this year and trimmed back on others, according to a recent article in the Los Angeles Times.

I've created an two-minute video for this post illustrating how this trend is playing out at two hotels on the seaside golf course in the scenic central California coastal town of Half Moon Bay. (Let me know what you think about the video and if you'd like to see more videos included in the future! Quality will improve as time goes on...)



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    4 Comments

    By Kristin on May 13, 2009 12:44 PM

    Absolutely, I would rather stay at the lower priced Hotel for business travel. A three star verses a five star for business is more than expectable. You’re a there to meet and accomplish business. Maybe the employee may see a larger bonus at year-end for saving the company expenses. Below three stars though, I think I would rather conduct a videoconference or phone meeting.

    By A. Wein on May 13, 2009 1:39 PM

    For Business, Best Western is always a better value. And with more hotel's in more places than those "high end hotels" I find it easier to meet clients at the hotel

    By Kelli Matthews on May 17, 2009 7:13 PM

    I think this makes complete sense! And I also enjoyed the video. Keep it up.

    By Vinny on June 22, 2011 9:08 PM

    Geez, that's unbeileavble. Kudos and such.


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