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October 13, 2015
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IT&CMA: Shared Economy Rising As Hotels Toughen Up




The 2016 CWT Meetings & Events Forecast anticipates tighter hotel cancellation policies, F&B costs, increased prices, and less flexibility on the part of hotels worldwide. This is driving corporate travel buyers and meeting planners to seek out alternative accommodation [and business travel] solutions and the `Shared Economy` is an entity that has emerged beyond the leisure sector as a potential provider. Alvin Aiau, CWT VP of Global Sales & Global Program Management explains the emergence of the new trend.

 


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About the Author: James Latham

James Latham


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