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.

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The BTN Group (Business Travel News, Business Travel News Europe, Travel Procurement and The Beat) is the leading global source of business travel and meeting information, news, data, analysis and research serving the $1.4 trillion business travel industry. Our audience of corporate travel managers, procurement/sourcing executives and travel management professionals purchase/manage billions of dollars of business travel and meetings annually...