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Old Nov 28, 2016, 8:04 am
  #1785  
iflyjetz
 
Join Date: Jul 2001
Programs: Marriott LT Tit; Hyatt Explorist; Hilton CC Gold; IHG CC Plt; Hertz (MR) 5 star
Posts: 5,536
Originally Posted by bsdstone
I will only comment on #2. Our company is based in the New Orleans area, and we have our global sales meeting at one of the hotels dowtown. We take over the entire hotel for 5 days including all banquet space, etc. I believe there are ~600 people, and it generates around $1MM in revenue for the hotel. We considered leaving to go to a larger venue, and they bent over backwards to keep our business...so, I would say high 6 figures, to low 7's for an individual hotel is a big deal!
Yes, I can see that being a large amount for a single event; I was under the impression that Radiant Flyer was talking about annual (multiple) expenditures vs single event.
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