Chief executives from such major multibrand hotel companies as Accor, Choice and Starwood this month said corporate hotel rates recently negotiated downward are unlikely to increase anytime soon, and that they expect travel program cost-saving measures to remain long after the economy recovers, but they also expressed confidence that group and transient business travel ultimately would bounce back.
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http://www.hdmag.com/hospitalitydesign/content_display/industry-news/e3icd94eec702f4d695f85a9f71d297175f
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