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In Brief for June 11, 2008

In Brief for June 11, 2008

PCMA lays out future The Professional Convention Management Association on Monday unveiled its strategic plan for 2008-2010 at its leadership conference in Los Angeles. Along with committing itself to deliver superior education opportunities to members, to promote the value of face-to-face meetings and the meetings industry, and to invest in research, the group plans to increase new members by 15 percent over three years and to increase overall retention by 1 percent each year over the next three years to 82 percent …

Saab joins Tiger Couturier Elie Saab is the latest high-end name in fashion to turn from fancy clothes to fancy hotels. He announced Monday that he will start designing a luxury boutique hotel at the Tiger Woods Dubai resort, a development that will also include the first golf course designed by golf phenom Woods. Other designers at work on luxury hotels include Giorgio Armani, Christian Lacroix and Salvatore Ferragamo, as well as the Versace and Bulgari brands …

Gas prices drive hotel demand Rising gasoline prices ripple through the economy in many ways, including affecting hotel stays. Every 10 percent increase in gas prices brings a correlating 0.5 percent decline in hotel demand, according to Bjorn Hanson, a hospitality expert with PricewaterhouseCoopers. Hanson spoke last week at the 30th annual New York University International Hospitality Industry Investment Conference.

Photo by Special Events Magazine

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