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Buyers embrace moderation for executive board mtgs. (News).

Publication: Business Travel News
Publication Date: 12-MAY-03
Format: Online - approximately 798 words
Delivery: Immediate Online Access

Article Excerpt
Buyers who select sites for corporate executive, board meetings are taking a more disciplined and moderate approach these days, seeking inconspicuous hotels and resorts with high levels of service, but not too high, and locations where attendees can compress a lot of work into their schedules but still play golf.

The trend is a result of both the economy and the effect of 2002's myriad corporate scandals, which have forced senior managers to reconsider extravagance, lest it appear wasteful. That attitude has permeated executive board meetings, as buyers shun the highest end in favor of the high end.

"They are much more hyper-sensitive to the perceived value of the meeting," said Elizabeth Zielinski, president of Fairfax, Va.-based meetings...



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