Home | Business News | Browse by Publication | B | Business Travel News

Co. leverages transient pricing for small mtgs.

Publication: Business Travel News
Publication Date: 14-NOV-05 		Format: Online - approximately 1031 words
Delivery: Immediate Online Access

Article Excerpt
Following two years of collecting basic data on meetings expenditures, Atlanta-based SunTrust Banks Inc. in 2006 plans to roll out a program to outsource large events to a meetings and incentives management company and leverage small meetings volume with its transient preferred vendors. The company already has successfully secured transient preferred hotel rates for group room blocks in its top cities, said the company's travel manager.

Maureen Blais, corporate travel manager for SunTrust, said the company in early 2006 plans to begin working with a meetings management firm and create a new internal meetings manager position. Blais estimated the company annually spends more than $10 million on meetings and events.

"In the past three years, employees have been coming to me for hotels for little meetings, large meetings and managing room blocks, but now an outside company will take care of most meetings," Blais said.

Meetings of fewer than 100 attendees still will...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Business Travel News
Arkadin gains int'l expansion funds., November 14, 2005
India's growth brings both challenges and opportunity., November 14, 2005
Expansion at Japan's three major airports underway., November 14, 2005
Sabre cracking down on passive segments., November 14, 2005
Corps. seek higher exec. board meeting service levels., November 14, 2005

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.