Hotel News Resource - American Express Hotel Industry News

Meetings demand globally in 2012 appears to be on the rise, according to a recent survey and in-depth interviews of meeting experts, including planners, buyers and hotel suppliers based around the world conducted by American Express Meetings & Events.

American Express Business Insights released its series of Q3 2011 Business Insights Spend Sights reports that reveal a new trend of selective luxury spending among both consumers and businesses, particularly when it comes to air travel and retail fashion.

Price Expectations Vary Depending on Region and Location, Highest Increases Expected in Asia-Pacific and Latin America alongside Strong Travel Demand to these Markets

While the percentage of Americans planning to travel for the holidays is consistent with 2010, the latest American Express Spending & Saving Tracker indicates a significant increase in what these consumers will spend.

Q2 Spend Sights Reports Reveal Consumers Restrained in Spending but Unable to Resist an Occasional Splurge

Recent Survey Finds Executives Believe 29% of New Sales Depend on Business Travel, Supporting Importance of Travel During Recovery

Finance Executives to Ramp up M&A Activity - Positive Economic Outlook Highest Since Spring 200

Corporate Travel Pros Say Cost Savings is Driver / Navigating Cultural Nuances Important to Success

Hotel Rates Remained Steady Showing Signs of Improvement in Q4 2010 - Increasing Demand and Higher Fuel Prices Likely Mean No End in Sight for Rising Airfares

The study suggests that travel can be an overlooked means to gain competitive advantage, and those companies that regard travel expenditures as indirect costs to be minimized cut into a key established expansion driver.