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January 19, 2017
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Americas: Yes, We Have a Buyer’s Market, But…


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The Carlson Wagonlit Travel’s 2017 Meetings and Event Forecast predicts a return to the buyer’s market now that hotel supply is expected to surpass demand for the first time since 2009. Better room rates, more concessions, and easier negotiations are usually the hallmarks of a hotel buyer’s market, which Bjorn Hanson, PhD, clinical professor at the NYU School of Professional Studies at the Jonathan M. Tisch Center for Hospitality and Tourism, also predicts will make a comeback in 2017.

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Photo by Martin Barraud/OJO Images/Getty Images

But here’s one caveat for this buyer’s market: Not every planner will benefit.

Read more at MeetingsNet


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