Hotels willing to deal to keep conference business | businessweek.com
Hotels companies, long steadfast in requiring business clients to forfeit deposits when they cancel or scale back events, are starting to soften their stance. Whether businesses are worried about being seen as big spenders in these lean times or they just don't have enough participants signed up to make an event worth holding, they are finding hotel officials increasingly willing to negotiate on room rates, catering bills and even cancellation penalties.
