Although it's been two years since AIG's notorious shareholder's meeting, many organizations still fear the backlash associated with holding lavish events. Just 18 percent of 129 planners who responded to a recent M&C Research survey believe the so-called AIG Effect is no longer an issue.
More than one-third (37 percent) expect meetings at luxury hotels will be negatively perceived through 2011; 39 expect it will take longer to shake the image problem. Certain market segments are more deeply affected by perception concerns than others. For results by industry, go to bit.ly/9UzIIM.