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Demand, supply rise together for Las Vegas Mtgs.

Publication: Business Travel News
Publication Date: 17-JUL-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Las Vegas has become one of the hottest destinations for business travelers in the United States. Corporate interest in the entertainment capital as a meeting venue is on the rise, and as prices seem to be climbing without intermission, the negotiating climate inevitably is tightening.

"The demand from corporations for Las Vegas group and meeting hotel space is constantly and steadily increasing. Over the past year, it has increased by approximately 20 percent," said Greg Malark, a senior executive vice president for HelmsBriscoe, a nationwide organization that negotiates rates for meetings on behalf of corporate clients.

Jerry Janove, director of sales for Resort Meetings Consortium, a site-selection firm, claimed even larger numbers. "When it comes to the actual requests from corporations that we get, the number...

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