1 post tagged “las vegas”
While the “AIG Effect” appears to be waning for corporate meetings, the Hospitality Community awaits passage of the proposed Travel Promotion Act of 2009. The term “AIG Effect” is the term coined during the fallout from the meeting AIG held in San Diego which received much negative international media coverage immediately following their bailout from the Federal government late last fall.
It seemed that every corporate meeting fell under public scrutiny with cities like Las Vegas being demonized by our President’s words "You can't get corporate jets, you can't go take a trip to Las Vegas or go down to the Super Bowl on the taxpayer's dime," in February this year at a Town Hall meeting in Indiana. Most corporations were forced to scrutinize their intent with planned meetings while reconsidering the perception of their location.
How do we quantify the economic impact of such statements?
Click here to read the rest of the story which was just published in the PCMA Heartland Chapter Fall 2009 newsletter. Contact me at christine.pennel-jones@experient-inc.com if you would like additional resources related to your meetings or conventions.
