Dear Insiders, Budget "makes the world go round"… Whether in Europe, India or Africa - soon everywhere will see clean, smart accommodation being offered for those of us on a smaller budget. More from the discussion at the 5th ITB Hospitality Day, to be read here under "Network".The ITB is hardly over and already we're preparing for the next fair: The Expo Real in Munich. At Europe's leading commercial real estate fair, hospitalityInside plans to introduce a joint stand for hotel operators, investment companies and project developers for the first time. The move should increase awareness and help to save time and expense in these days. More under "Network".At the IHIF investment conference, developers discuss an old subject anew: What offers greater benefit for the investor – the brand hotel or the independent hotel? Talk round participants there were passionate in their opinions.Tia Vassiliou would like to see equally passionate customers. As communication trainer, she works together with companies to ensure efficient statements and dialogue. A Newcomer portrait.The new event directives compiled by Gerhard Bleile also concentrate on clarity and efficiency. Many companies still don't know what their annual event expenditure is. This provides the hotel industry with an opportunity! A Happy Easter! - To the full editorial...