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ground operators -
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DMCP -
More companies were competing for fewer dollars
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Aggressive national expansion and “corporatizing” of the destination management business through institutional investment and venture capital. -
“perfect storm” of economic, social and political scrutiny of corporate excess, leading to the sudden cancellation of thousands of meetings across the country -
Meetings industry has become much more complex, with procurement, risk management and financial oversight driving much of the purchasing process.