Remove 2024 Remove Food and Beverage Remove Negotiating
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2024 Contracts Playbook

SmartMeetings

Contracts in 2024 Here are the major features we’re expecting in agreements this year: Higher Costs: Even though the pandemic supply chain issues are mostly a thing of the past, both inflation and natural price increases are playing a role in 2024 contracts. The post 2024 Contracts Playbook appeared first on Smart Meetings.

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Two Tensions Keeping Senior Event Professionals Up at Night

Velvet Chainsaw

The good news is that 2024 is expected to eclipse 2019 results by 3.6%. The big three include food & beverage, A/V + production and speakers/entertainment. In addition to negotiating and locking in pricing, some of the tactics to consider are: Decreasing the event length by a couple hours or half-day. below 2019.

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Contract Clauses Planners Need in 2024

Smart Meetings

Cohen, a partner at Cohen, Cooper, Estep & Allen LLC, who specializes in entertainment, criminal defense and hospitality law, to chat about what planners should consider adding to their contracts in 2024. Gratuities Minimums for food and beverage. How many comp rooms are available? Cost for meeting rooms. Resort fees.

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Cut Costs, Not Corners

SmartMeetings

They have the power to negotiate multiple concessions. For example: If you’re negotiating a contract in 2024 for a 2027 meeting, lock in menu pricing based on current prices. For example: If you’re negotiating a contract in 2024 for a 2027 meeting, lock in menu pricing based on current prices.

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HERsuasion Wins the Day

SmartMeetings

Tapping into women’s strengths for negotiation success We begin to learn the art of negotiation in childhood. As we grow, we begin to negotiate with our teachers, our coaches and our friends. And by the time we graduate from college, we realize everything in life is about negotiation. It is the power of HERsuasion.

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Hotel Squeeze: Meetings-Focused Properties Expect Strong Demand in '24

MeetingsNet

The result: Less negotiability for meetings. percent) in 2024, compared to a strong 2023 that saw pent-up demand unleashed after the Covid pandemic. CoStar also expects acceleration of the group market in spring 2024 as well as in September through early November 2024. percent) and guest-room rate (3.0

Hotels 72
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Seeking Innovators, Experts, and Educators in Meeting Planning

MeetingsNet

Session proposals are now being accepted for the MeetingsNet track at CaterSource + The Special Event show happening February 12 to 15, 2024, in Austin, Texas.