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Mastering Event Contracts: Essential Negotiation Strategies for Meeting Planners in 2025

Smart Meetings

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. .

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HEADBOX LAUNCHES INDUSTRY WHITEPAPER ON AI’S ROLE IN THE EVENT INDUSTRY

Prestige Events Magazine

HeadBox for Business allows your team to plan, book and manage all of your events in one place, with the visibility for you to stay in control. HeadBox for Business, an award-winning service-led meetings and events platform supercharged by AI software, manages the meetings and events programmes of enterprise customers.

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Master Event Planning with a Workback Schedule Template

Attendease

Venue contracts take weeks to finalize? Here’s a very basic framework to get you started: Timeline Activities 6+ months before Lock in your venue and date Set your event budget and ticket pricing strategy Research and book vendors (A/V team, catering, etc.) Marketing emails need multiple rounds of review?

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Contract Clauses Planners Need in 2024

Smart Meetings

Force m ajeure and clauses to keep in your next contract Watch the full webinar here. Contracts are the life blood of the meeting industry. Keep Relationships in the Details One key aspect that is sometimes overlooked in the contract process is relationships. Make sure [the service charges are] written into the contract.

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What to Expect When Booking A-List Event Speakers

Smart Meetings

As in, what actions a planner should take, what they should ask and what they should expect when booking well-known names —people like Martha Stewart , Shaq, Mark Cuban and Warren Buffett—for keynotes? So, working with the venue on rooming for security staff needs to be considered early on, perhaps during contract talks.”

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Tips for Negotiating Your Next Big Event Contract

Smart Meetings

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.

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Renegotiating Live Event Agreements When All Parties Are Innocent Victims

Velvet Chainsaw

However, from past experience, any time that there has been a shift from a seller’s to a buyer’s market, those contracts signed during a seller’s market just flat out had to be updated. Room rates should be adjusted to keep attendees from booking outside the block. Here are some changes that will need to be made. Remove Barriers.

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