One financial services company swapped Taittinger Champagne and Chassagne-Montrachet for house wines, saving $40 a person on its forthcoming gala at Restaurant X and Bully Boy Bar in Congers, N.Y. The restaurateur Danny Meyer said his catering company has “lost three grand-scale holiday parties by three different investment banks that we had done last year.”
And the Grinch came to ABC News last week in the form of a cost-cutting memo announcing that there would be no company-sponsored Christmas celebrations this season.
Against a backdrop of gyrating markets, widespread layoffs and bank failures, the fall social season and holiday fetes are being downsized. Caterers and party planners said they were seeing cancellations — and, even more, the entertaining equivalent of a buzz cut, with simpler menus, fewer guests, shorter hours and less glamorous glassware.
The new austerity is partly about saving pennies in a time of uncertainty. But corporate executives, hosts and the professionals they hire say it is also about that essential element of party planning: setting the mood.
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Fonte: New York Times (www.nytimes.com)
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