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Cos. still uptight about board meeting extravagance.

Publication: Business Travel News
Publication Date: 06-JUN-05 		Format: Online - approximately 790 words
Delivery: Immediate Online Access

Article Excerpt
Many corporations continue to be sensitive to perceptions of excessive perks though demand for high-end executive board meetings has increased this year and companies are spending more on amenities.

John McConahy, president of Pittsburgh-based meetings consultancy Imagination Plus, said although companies have more money for lavish executive meetings, most still try to avoid perceptions of excessive spend.

"Everything in the marketplace is starting to revert back to where it was, but certainly not to the levels of where they were. A lot of people are still being cognizant of the aura of being watched, so the 'executive perk' is still being downplayed," McConahy said.

Even companies that have increased spending on their executive and board meetings have...

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