Meetings and Conventions Coping With Crashers Getting Blocked Room Rates
Some savvy bargain hunters are reserving rooms when conferences and weddings are reserving room blocks even though they aren't attending. Pictured are attendees at a recent Cydcor conference. Cydcor / Flickr
When the uninvited steal rates for blocked rooms, it isn’t necessarily a major problem for the hotels, but it can shut out conference or wedding attendees who may have to settle for a more expensive room elsewhere.
Excerpt from CNBC
Getting in on the lower price connected with a block of rooms for a wedding or a corporate event is becoming more appealing as hotels recover from recessionary lows.
“Anecdotally, it’s becoming an increasing problem,” said Bjorn Hanson, divisional dean and clinical professor for New York University’s Preston Robert Tisch Center for Hospitality, Tourism and Sports Management.