Hotels worried that business travel now seen as wasteful perk

Updated

Hoteliers are tired of being beaten up because of the foibles of Wall Street.

Every week or so, there seems to be another revelation about a bank that received billions in government aid doing something stupid like sponsoring a celebrity-laden golf tournament (Northern Trust Corp. (NTRS)), almost buying a new corporate jet (Citigroup Inc (C)), and hosting getaways at swanky resorts (American International Group Inc. (AIG)).

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