In Brief 5-1-2002

Meetings & Conventions: Newsline

In Brief

THE ADAM’S MARK HOTEL in Denver has filed suit against the American Association of Colleges for Teachers Education, which canceled a 2001 event when the U.S. Justice Department sued the chain for discrimination. The hotel is seeking damages of $168,234, as per the cancellation clause.

THE GAP WIDENS between business and leisure fares, says the American Express Business Travel Monitor. During fourth-quarter 2001, the average fare paid by Amex clients for 329 North American routes was $251, which was 45 percent below the typical business fare of $420. During the same period in 2000, average fares were 40 percent below typical business fares.

HILTON HOTELS CORP. president and chief executive Stephen Bollenbach agreed to have his pay cut by 29 percent to $2.1 million after the chain failed to meet profit goals.

A NATIONAL BUSINESS TRAVEL ASSOCIATION survey found 65 percent of travel managers have seen requests for travel rise by at least 10 percent since January; 35 percent said they expect volume will not approach 2000 levels until at least a year from now.