Skyrocketing Costs Squeeze Event Budgets
Velvet Chainsaw
FEBRUARY 27, 2023
Following are considerations gathered from industry media, meetings market surveys and anecdotal reports from Velvet Chainsaw Consulting clients. Despite projections of persistent inflation and a moderate economic recession, CBRE’s forecast calls for a close to 6% increase in rooms revenue per available room (RevPAR) in 2023.”
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