Nice venue, expensive flooring, expensive to rent - this photo is representative of all these failed projects, this is where investors money ends up, lavish conferences with Lobster and a nice bottle of Chablis for lunch
followed by room service and taxis to the airport for the event organisers.
Lol! Now that you mentioned this it reminds me of what i heard from a project team who says they don't do conferences and meet ups because they feel it is a wast of resource, rather, they will focus on project development with the funds they have, but the problem with this is that it is mostly investors who usually require this from team to be sure they attend any event to promote the project,
I guess it's a way of marketing the project and gaining exposure.