Hospitality industry suffers as corporations cut back | miamiherald.com

The hospitality industry is losing a lot of potential revenue as the 'AIG effect' discourages companies from booking events that could be deemed excessive. The travel industry, hit hard by the public uproar over lavish company getaways, has been pushing back, and its message is essentially this: You say junket, we say jobs. In a lobbying effort spearheaded by the U.S.