We know travel has become more expensive - and many businesses and tourists have cut back, which is affecting luxury five star hotels.

This New York Times article sites a survey conducted by the National Business Travel Association on how businesses are cutting expenses…

…one way is staying at less expensive hotels: the brands of some of these hotels convey expense and luxury, and travelers are weary to seem extravagant at a time like this.

Do you normally plan meetings at five star hotels? Are you now investigating alternative locations and options? Or are your meetings simply on hold?