p> Lewes, DE (PRWEB) June 7, 2010 — The Knowland Group, the world’s largest data firm in the global meetings and conventions industry, today released their third round of survey findings on the effects of the Gulf oil spill on the region’s hospitality industry. Knowland surveyed 50 hotels across the Gulf Coast that host meetings and events and found 60% of hotels experiencing group booking cancellations, up 18 percentage points from the survey conducted two weeks prior, and up 25 percentage points from the group’s initial survey.
Hotels are also seeing increased difficulty in booking future events, with 28 percent of those surveyed stating significant difficulty in booking future events; double the amount from the previous survey. Additionally, 28 percent of those surveyed described the effect of future bookings as moderate, a 20 percentage point increase.