Re: voting system for future venues?

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On Aug 24, 2011, at 3:24 PM, Stephen Farrell wrote:
> Inflation is accounted for in the figures given. We're
> still >20% above inflation in terms of hotel prices based
> on these figures.
> 
> You might claim hotel price inflation is higher than the
> overall, I don't know. I would hope the iaoc would know
> that. What I'm claiming is that the numbers seem to me
> to show that the outcome is not so good. And hence it seems
> to me that the iaoc is not performing that well in this respect.
> 
> You might bring out the meeting fee argument etc. but I
> think you (the iaoc as a group) should start by acknowledging
> that there is a real issue here and then try to address
> that and *not* argue I'm accusing you of bad faith or
> something.

Does not control for currency fluctuation unless I missed something in the table.

not that externalities such as the ECB members flushing the euro down the toilet don't impact costs but the notion that we can anticipate or ameliorate such risks on a 2-5 year time scale is unlikely.
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