This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Avoid pitfalls and protect your event Contracts are the lifeblood and backbone of the meetings industry. Negotiating contracts is the first step before confirming speakers, color themes or catering options. That way, a contract can be ended without any issues or penalties. Sometimes, the numbers can get lost in the fine print.
The rise of master service agreements (MSAs) and longer-term contracts is contributing to greater stability within agencies, allowing them to plan for the future with more confidence. ” The next recruitment report will be published in January 2025.
Hotels will likely give less room for discounts or concessions, and early contract negotiations will be crucial to locking in favorable rates. The post Key Takeaways from MPI Northern California ACE 2025 appeared first on Smart Meetings.
Surveying 140 event venues, suppliers, agents and destinations, the quarterly benchmarking report reveals that, on average, almost half (41%) of forecasted revenue for 2025 is already confirmed. This includes contributions from international events, which currently account for an average 12% of forecasted revenue in 2025.
Brian Feit, Founding Partner, BMF According to findings from EventTrack 2025 , EMs annual research report on experiential marketing, eventgoers are preparing for an active 2025, with 56 percent of respondents planning to show up to more b-to-c and b-to-b events in the coming year than in 2024.
If your 2025 meeting budgets aren’t at least 4.3 Hotels*: Up 3%-5% Air: Up 2% F&B: Up 4% Wages for Event Staff: Up 4% 2025 Prices—total increase for meetings and events: 4.3% Hotels*: Up 3%-5% Air: Up 2% F&B: Up 4% Wages for Event Staff: Up 4% 2025 Prices—total increase for meetings and events: 4.3%
Matthew Byrne, Byrne Production Services TOP TECH PRODUCTION TRENDS YOU’RE BETTING ON FOR 2025? I definitely think this will continue in 2025. HOW SHOULD EVENT MARKETERS BE LOOKING AT PRODUCTION BUDGETS IN 2025? For the years leading up to the pandemic the buzz word was always “what’s new and next!”
Professor Tyra Warner on the latest risk factors in this uncertain year From force majeure to data protection, meeting professionals are trying to cover the unexpected in contracts during what could be a tumultuous year for business and the economy. Warner advises caution. Warner thinks there are almost always two sides to the story.
. : PPDS, the exclusive global provider of Philips Professional Displays, is proud to announce a new multi-year contract extension with Oracle Red Bull Racing, becoming a Team Partner while continuing as the sole supplier of digital displays to the eight-time Formula One World Championship winning team for 2025 and beyond.
But entering a new relationship with a hotel usually comes with a detailed contract of agreements and stipulations. year period of time have shifted into the future years causing a significant demand and compression issue when contracting with hotels,” Payne said. Smart Meetings chatted with Cheryl M.
Contract tips to keep in mind A quarter century into the second millennium, there are several things that remain constant: humans need food, water and shelter to survive; the law of gravity is still in play; and event contracts are still a necessity between meeting professionals and hospitality venues.
Within the meetings and events industry, where relationships are the foundation of success, negotiation has evolved far beyond rates and contracts. Read More : Mastering Event Contracts: Essential Negotiation Strategies for Meeting Planners in 2025 Pitfalls to Avoid in Meetings & Events Negotiations 1.
Central Hall Westminster has made four new appointments two event managers, a finance director and finance assistant to strengthen its team and help support the businesss growth plans into 2025. Meanwhile, the appointment of Iain Kent as finance director comes as the business explores further opportunities for growth.
Leading luxury catering and event management services provider Blue Strawberry Group has secured a five-year contract to deliver exclusive hospitality and event services at 8½ London – home to The Skinners’ Company. Blue Strawberry Group was awarded the contract after undertaking an extensive and highly competitive tender process.
As part of a larger growth plan, the company also signed contracts for four more ocean ships, with two confirmed for delivery in 2031 and two more under option for 2033. We look forward to welcoming the worlds first hydrogen-powered cruise ship to our fleet in 2026.
Introduction The catering and event planning industry is evolving rapidly, and 2025 will bring even greater demands for efficiency, flexibility, and customer experience. Here are the top reasons why 2025 is the year to invest in catering softwareand how Caterease can revolutionize your operations.
But 2027 may see a shift for the long-running festival as its 13-year contract with Park City ends in 2026 (the 2025 and 2026 editions will remain in Utah). Collision will rebrand to Web Summit Vancouver and relocate to the city from Toronto in 2025. Cargill Philanthropies.
For planners, concepts that can be built into their Business Events Strategy shift them from reactive to proactive and start conversations (and in some cases concessions) around these important attendee experience elements early in the process rather than as an afterthought post-contracting.
As part of a larger growth plan, the company also signed contracts for four more ocean ships, with two confirmed for delivery in 2031 and two more under option for 2033. We look forward to welcoming the worlds first hydrogen-powered cruise ship to our fleet in 2026.
Moscone Center and San Francisco Travel are also working on offsets to security packages that groups traditionally contract. Finally, we have great deals for those that are signing multiyear contracts at one time. But then we start to grow once 2025 gets here, and then we grow steadily from that year on.
In early 2025, Guidebook will be ready to support your events from start to finish. An event technology ecosystem: Introducing 3 new event management features for 2025 Guidebook will be extending our offering with three new capabilities, the first of which is already live. Keep an eye on this space as we head into 2025!
Contract Like a Pro Clear and comprehensive contracts help everyone involved. But legal language can be confusing, and its especially important to pay attention and make sure you fully understand every aspect of your contracts. This article appears in the March 2025 issue. You can subscribe to the magazine here.
As a result, 2025’s Super Bowl was moved to New Orleans and Super Bowl LVIII took place in Las Vegas, a first for the city and accompanied by much fanfare. The game in 2025 is scheduled to take place at Caesars Superdome, set for a completed $500 million renovation this July.
Several years ago, the Freeman leadership team established a vision for where we wanted to be in 2025, a strategic road map with very specific imperatives attached to each objective. People are rejecting the old social contract, reevaluating their personal hierarchy of needs, and exploring a new path to happiness.
The three-year contract is set to commence on 1 st April 2025. Following a competitive tender process, Conference Care has been selected to provide Meeting/Conference (MICE) Services. This partnership underscores Conference Cares commitment to delivering exceptional value and innovative solutions across the event management spectrum.
In 2022, the average global ticket price rose to $749, a rise from its 2019 level of $670, which the study has attributed to the continuing shortage of pilots, a dearth that is expected to grow to 34,000 by 2025, and supply chain issues affecting manufacturing, maintenance, repair and overhaul of planes. Consolidate and compromise.
Right now, the contract is through 2025, but we’re already talking about continuing,” she said. Bauer is looking forward to a long future at Mandalay Bay, which is planning a renovation of the meeting space that will be complete by the 2023 IMEX America show.
Bray Leino Events will deliver the UK’s Department for Business and Trade (DBT) full operational services contract at Expo 2025 Osaka. The win will see Bray Leino Events responsible for full operational services of the UK pavilion at Expo 2025 Osaka. This […]
Negotiation coach Alex Carter will lead two PCMA Business School sessions during Convening Leaders 2025, on Jan. 14, as well as a live coaching session afterward. 14: “Strategies to Ask for More and Achieve Better Negotiation Results” and a live coaching session directly afterwards.
Her attorneys did not see a hand of God in the decision, so the agency was responsible for the terms of all signed contracts. We asked experienced contract negotiators how they are negotiating today and what clauses they are asking for to protect their clients. Lets be honest, initial hotel contracts rarely favor the client, she said.
Oxford Economics’ Savelli explained that during past recessions, room demand overreacted, with sometimes twice as much of a contraction as the economy overall. I don’t foresee association consolidations happening before 2025. Let’s take a deeper dive into why events and business travel might float above the turbulence.
Favorable hotel deals are appearing for event groups willing to gather in hurricane-prone areas in late 2024 and 2025. How does a “flexible cancellation clause” and 50-percent attrition allowance sound? The official hurricane season ends on November 1 each year.
It was deemed “better than nothing,” but if used, it was suggested that this option should accompany a clause in the contract that allows an in-person site inspection at a future date. Based on the in-person site inspection, that clause should allow meetings professionals the option to cancel the contract without penalty.
Watford Borough Council has announced contract signings with AEG Presents UK, which will see the renowned global venue and concert operator manage Watford Colosseum when it reopens in 2025. The post AEG Presents to reopen Watford Colosseum in 2025 appeared first on Skiddle Promotion Centre.
During the event executives discuss industry trends and future plans and build confidence leading to bigger contracts. In 2025 theyre taking it to the next level with augmented reality (AR) and virtual reality (VR) integrations. Using event software they manage invitations and guest lists seamlessly. Events have never looked brighter.
Contracts will run from March 2023 – March 2025. Somerset House is looking for suppliers who demonstrate a genuine commitment to these areas, and who are actively learning and responding to create and champion best practice within the industry. www.somersethouse.org.uk.
The Resort already has contracted bookings for more than 50 per cent of its 2023 budget, and that is greater than it achieved in the whole of 2018. Bookings and prospects for 2024 and 2025 are also very strong. Wyboston Lakes Resort has made an outstanding start to 2023 following a year of record results in 2022.
are one of the global leaders in hospitality services in the events, sports and leisure industry and the five-year contract will see the company deliver an enhanced premium hospitality and event experience at Destination Emirates Old Trafford, home of Lancashire Cricket, across both match day and non-match day events. Sodexo Live!
The project is scheduled to open in 2025 and will complement the existing 200,000 sq. The program launched last year with eight properties and the opportunity to earn loyalty points, multi-meeting discounts, enhanced flexibility (up to 30% group attrition with no penalty), streamlined contracting and access to fun turnkey experiences.
Let’s face it, being on either side of the table in hotel-contract negotiations is tough these days. Without fail, at least one person in the room will share a story about someone they know who has gotten what they want in a hotel-contract negotiation. Here’s how one meeting professional does it. Be prepared for poignant questions.
These are the secrets you need to know after the contract has been signed to ensure everything goes according to plan. These are the secrets you need to know after the contract has been signed to ensure everything goes according to plan. Can meeting planners protect themselves in contracts with a hotel in the event of a labor action?
Contract Like a Pro Clear and comprehensive contracts help everyone involved. But legal language can be confusing, and its especially important to pay attention and make sure you fully understand every aspect of your contracts. This article appears in the March 2025 issue. You can subscribe to the magazine here.
Event planners take care of everything, from securing contracts with vendors to managing logistics on the day of the event. Hiring a professional event planner eliminates this burden by allowing you to delegate the details to someone with the skills and experience to handle them efficiently.
We organize all of the trending information in your field so you don't have to. Join 42,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content