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Economy tempts boards to ease restrained mtg. spend.

Article Excerpt
As the stock market rises and some indicators point to a growing economy, the meetings industry is paying close attention to corporate executive and board meeting buyers to see if they will continue the philosophy of austerity that has guided site selection for more than two years. Though calling any move to more opulent executive and board meetings a trend would be an overstatement, there are those who feel executives will be unable to resist opening their corporate wallets for their future events.

However, most buyers still are hesitant to jump on better economic news as an excuse to cloak their executive meetings in luxury. Many executives believe it still is imperative that they honor the cost-cutting corporate philosophies they heavily promoted since 2001. Yet, few believe executive board meetings will avoid resorts and luxury hotels forever, and some believe that avoidance already is ending.

"We're finally seeing some light where companies are making and spending a little bit of money," said Brian Stevens, president and CEO...

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