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Article Excerpt
To many New York City restaurateurs, breakfast is the most important meal of the day, as that business keeps growing despite tight corporate travel budgets. Many business travelers, cognizant of the high price of dinner in the city, have shifted meetings to breakfast to save costs, and hoteliers meet that demand with new restaurants and innovative food.
Rae Bianco, manager of The Regency Hotel--one of the most storied locales for "power breakfasts" in New York from as far back as the 1970s--said morning business has only increased since corporate travel budgets were tightened following Sept. 11, 2001.
She said that lesser corporate spending had, for a while, made a difference in lunch and dinner spending. Not only did breakfast not suffer, however, "we noticed a slight increase. All of a sudden, family become more important, and [people] took a look at what really...
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