If meeting professionals have learned anything from the Great Recession, it’s that the travel industry is hit hard during an economic downturn. Throughout the recession companies made significant cutbacks on corporate travel expenses. As a result of the reductions in spend, major meetings were canceled and non-revenue-generating departments such as meeting planning were downsized.
The Meeting Professional magazine // In case you haven’t heard, the gig economy is here to stay. Small businesses and freelancers alike are reaping the benefits of a modern-day labor market that celebrates the entrepreneurial spirit. In a recent LinkedIn study, 70 percent of small businesses surveyed had hired freelancers in the past. Of those companies, 81 percent plan to hire freelancers again in the future.