NYU's Hanson Sees Strongest Buyer's Market In 33 Years Ahead | btnonline.com
The lodging industry is experiencing the strongest buyer's market in 33 years with no recovery on the horizon across demand segments, industry analyst Bjorn Hanson said today in the keynote address at Business Travel News' Virtual Corporate Travel World. Hanson, an associate professor at New York University's Tisch Center, said that amid the recession, corporate negotiated rates for 2009 now are expected to increase on average in the 0.