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
Contract concerns. In an effort to reduce and manage risks, venues and planners are adopting new contract clauses. No question, negotiatingcontracts is going to get more complicated as the industry rebounds. What contract concerns are you running up against? Member Considerations and Communications.
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.
Read More : How Customized Generational Engagement Can Benefit Meeting Profs The value of joint education and assets not only offers implementable concepts but also provides practices to align the destination and the event organizer to conduct effective working relationships.
Read more tips for negotiatingcontracts amid Covid. . Contract and Negotiation Tips. We skipped to the good part—Negotiating Rooms: Cancellation, Attrition, Rebooking and Reselling — where the big idea is planning for contingencies. They even flew in some of the rovers for people to see.
These events foster networking, education, and building a brand’s reputation. Negotiating with vendors and adhering to their policies 5. Product launches Product launch events generate buzz and media attention around new product or service offerings. They drive awareness, sales, and establish the company as an innovator.
Smart Meetings Extraordinary Experience focused on setting and reaching event goals When some of the most productive meeting professionals in the world meet in majestic The Westin La Paloma Resort & Spa in Tucson for three days of education, inspiration and networking, the experience has to be over the top. “We
Read More: Cvent’s Event Tech Roadmap According to filings, at the end of last year, Cvent had approximately 22,000 customers globally in the corporate, non-profit, higher education and hospitality sectors as of December 31, 2022.
Whether the playing field is national politics, a Southern California crime scene or a hotel contractnegotiation, leading with love, empathy and respect is the fast track to building relationships across what might otherwise feel like unfathomable divides, according to keynote Corporal Ryan Tillman.
Transparency is an asset when negotiating with vendors Incentive packages have greatly improved over the years in both quality and customization. Using transparency in your negotiation process isn’t just appropriate, it is often expected, as many vendors offer a surprising amount of flexibility.
Newbie event planners will often pick a venue, negotiate a deal with them, and sign the venue’s provided contract. . Instead of morphing your event goals around the venue’s rules, approach your venue with a list of non-negotiables. Here’s how your event goals can (and should) change your venue contract in those areas.
I will break down the best ways to save money in an event AV contract without compromising your event. Through the extremely valuable web session conducted by Jon Trask, I will break down some key savings opportunities in an event AV contract. Ultimately, educate yourself before you make a decision for your event. Be Specific.
They negotiate for higher wages, improved benefits including retirement plans and family healthcare, job training, due process and safety concerns. more on average than their similarly educated and experienced non-union counterparts. In San Francisco, there are 60 properties with solid union contracts that are not at risk for striking.
Planners: Do not sign venue contracts for event production, electrical services, internet access, and support services until you read the full document—especially if you are bringing in an outside audiovisual company for the event, which usually results in extra conditions and raises prices for certain elements.
And if you don’t understand the quote, it can be tricky to know how to negotiate on the price , or if you hold any power to negotiate whatsoever! Get started with negotiating AV prices by: Learning AV lingo. If you don’t see that piece of equipment on site, then you are in good standing to negotiate with your vendor.
First, you negotiated your way out of every contract with minimal exit fees, then for a split second you converted everything to hybrid (with no additional budget), and then transitioned from hybrid to virtual, where we thankfully stayed for a red-hot minute. Increasing Efforts on Client Education.
Vague contracts and proposals: Lack of specific details and clear boundaries leaves room for client interpretation. Heres how to do it: Crystal-clear contracts and proposals Your contract and initial proposal serve as the foundational pillars in your fight against event scope creep.
Multiple representatives on the panel advised planners to evaluate contracts more carefully than ever—don’t pre-assume anything as a given if it isn’t explicitly stated in the contract. Read More: Tips for Negotiating Your Next Big Event Contract During the open Q&A, planners aired frustrations—contracts are time-consuming already.
We are bringing the world to the nation’s capital to focus on education, learning and commitment. Washington Convention Center, with new educational offerings on the expo floor. Look for insights on budgeting, negotiations, what motivates attendees, legislation impacting the industry and how to give people what they want. “AI
Read more tips for negotiatingcontracts amid Covid. . Contract and Negotiation Tips. We skipped to the good part—Negotiating Rooms: Cancellation, Attrition, Rebooking and Reselling — where the big idea is planning for contingencies. They even flew in some of the rovers for people to see.
Oftentimes, conferences include keynote speakers and workshop sessions, each designed to educate attendees. That said, conventions also aim to educate attendees via speeches, panels, and workshops. These aim to educate attendees on tech ideas and products while also encouraging networking. Might we suggest EventMobi?
Whether your meetings specialty is event design, contractnegotiations, operations management, sustainability, risk management, virtual events, speaker trends, food & beverage, or something else entirely, our call for speakers is seeking fresh voices to educate and spark new ideas for meetings and conventions.
In the fifth of FICP’s new virtual education series, Financial & Insurance Professionals (FICP) Chats, more than 200 participants explored how to book group business for future meetings, including immediate adjustments for events, and how those were not being written into RFPs for the long-term. Uncertainty Persists in the Short Term.
If you can’t get the hotel concessions your stakeholders are expecting, it’s in your best interest to educate them about the current landscape. Let’s face it, being on either side of the table in hotel-contractnegotiations is tough these days. Here’s how one meeting professional does it. Where does that leave planners?
Problem clauses to consider fixing or downright excluding Sometimes, in an attempt to cover all of our bases by including every conceivable contract clause, we trap ourselves in the outfield with confusing and unenforceable language that leads only to lawsuits and court cases. Lowest Rate Every contract is a futures agreement.
They help educate, promote, get work done and reward or celebrate the workplace. Ask the event sales staff for a booking date during a time where they need extra revenue and they may be willing to negotiate a deal. This sometimes results in a more expensive event contract than if you were to start with one of the pre-designed packages.
Understanding things like event-insurance fine print and which areas of operation hotels get group revenue from will help planners become better at contracting and negotiating. This article from Reuters has more details on the postponement-clause fine print in those event-insurance contracts.
Education Is Key. Much like everything in life, the more educated you are on a matter, the better you’ll do. We had to do it as far as we had to start putting it in our contract because even though this stuff is pretty common across AV companies, people would always be shocked”, says Will. Be Creative!
Whether you do actually use my competitor whoever it is, my biggest thing is I just want to make sure planners are aware of what’s going on in the AV world, understanding education about AV. You can negotiate these contracts. Brandt Krueger: All of that was negotiable. Planners that know how to negotiate.
On Global Meetings Industry Day, hospitality-sales veterans detailed how availability, contracting, and staffing will be different for meetings after the pandemic. Another area requiring flexibility and constant communication: service levels.
With a computer and internet connection, you have access to a world of education. In your spare time, turn your attention to a virtual meetings education. Of course, a host of continuing education and certification courses are available for the meeting and events industry.
Taking place on 19-20 June, The Meetings Show features a jam-packed programme with a stellar line up of meeting and event suppliers from across the globe, a thought-provoking education programme, and countless networking opportunities. There is something for everyone, whether just starting out in the industry or a senior leader.
We’ve become copywriters, digital marketing experts, and contractnegotiation gurus. The brands and associations need education and conversation with peers, and the opportunity to discover new suppliers. And yet we still have to review the BEOs (banquet event orders) to make sure that the breaks are timed appropriately.
Step Two: Dont Overlook the Value of Education In an industry as complex and rapidly evolving as construction, continual learning is non-negotiable. VICAs educational offerings help members stay current, understand legislative changes, adopt new technologies, and hone leadership and management skills.
Today also marks the unveiling of the first two islands on PlanetIMEX – Education Island and Community Island. EduMonday Live on Monday 11 May has been designed to give the business events industry the chance to engage, totally free of charge, in a range of carefully curated education sessions led by 40 expert speakers.
This is followed by an educational session for which attendees receive CEU credits. Educational sessions vary and can include topics such as contractnegotiations, risk mitigation, and others. Partners also participate in educational workshops.
These are the secrets you need to know after the contract has been signed to ensure everything goes according to plan. Together, we educated guests on the journey from farm or wildlife to the table. Staff training: Educate your staff about common dietary restrictions and how to answer questions about ingredients accurately.
However, as is the case when contracting with any meeting venue, think about what you are committing to before you sign the contract. Here are some questions that Grimes says planners should ask when contracting with cruise lines: • What is included and what’s extra? Try to give yourself some room to negotiate, he suggests. •
Industry leaders help create educational content for the online community. Paired with limited educational and training options, unprotected and inexperienced individuals operating as ‘professionals’ bring unnecessary risk to event hosts and lower the professional value while adding to the guesswork for the customer. .
Online education is the fastest way to master skills from the convenience of your laptop while earning credits toward your CMP and hearing from experts in the field,” said Howard Givner, founder and CEO of Event Leadership Institute (ELI), which has partnered with Smart Meetings to offer Smart U, Meeting Professional Masterclasses.
Before we get into the formal education side, we have to acknowledge that event planners need to have a set of particular soft skills. Their curriculums typically consist of courses, such as experience design, event marketing, event financing, venue management, agreement negotiating, and more.
How would you handle an unanticipated budget increase of $40,000 because the venue’s contract had fine print that dictated your client had to use the in-house preferred supplier for all breakout rooms? Being able to work with your own preferred AV supplier begins with negotiating solid and comprehensive language into the venue contract.
These event speakers promote a more inclusive and equitable workplace, educating your team on the importance and benefits of diversity. Get contracts signed. A signed contract helps protect both parties and outlines expectations clearly. Now it’s time to negotiate! Diversity, Equity, and Inclusion (DEI) advocates.
Don’t bother yourself with learning the hotel language, use a company like HelmsBriscoe to help with negotiating and contracting – it will save you lots of time. I know that I’m successful when my client at the end of the year tells me that I saved the company X dollars through negotiating and careful contracting.
A Destination Management Company, for example, knows the local suppliers well and are much better positioned to negotiate on your behalf. You may be surprised to know that a 3rd party planner does not necessarily mean an increase in the budget. Sometimes it’s the exact opposite.
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