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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. Warner also advised using force majeure clauses to deal with any issues arising from government funding cuts.

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Best of 2023: Event Contracts and Budgeting

Smart Meetings

Over the last year, Smart Meetings wrote about contract and budgeting tips and trends this year for the event planner who wants to keep on top of their financials, so they can keep creating memorable experiences. Tips for Negotiating Your Next Big Event Contract Cheryl M. In short, think big.

Contracts 264
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NCBMP 2024 Brought History, Culture and Education to Alabama

Smart Meetings

One of them, “Must Have Contract Clauses,” was led by attorney Joshua Grimes, who touched on the latest in contract negotiations, such as force majeure clause changes, F&B cost increases, security issues and new laws ahead. Joshua Grimes, photo by On The Run LLC “Those words are gone from most hotel contracts,” he says.

Education 246
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A Breakdown of Post-Pandemic Contract Clauses

Smart Meetings

Post-Covid Contract Solutions.”. We’ll delve into a condensed review to address what and what not to include in your venue contract, as well as negotiation tactics and what can potentially trigger a force majeure. Local laws can impact your contract and your options for termination, recovery and liability, Sheaks explained.

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3 Event Contract Trends in 2022

EventMB

If you thought event contracts were tricky before the pandemic, buckle up for even more complications. In 2020, executing the force majeure clause in a contract was fairly straightforward. Performing the activities stipulated in the contract had been made impracticable. A lot of contracts don’t specify that.

Contracts 185
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What Happens When “Fear” Majeure Is Used to Postpone or Cancel an Event?

Smart Meetings

So, what happens when there aren’t specific government restrictions to trigger a force majeure event to postpone or terminate an event? Government Action vs. Fear of Variants. Again, it depended on whether the applicable contract contained a force majeure provision and whether that provision was the “long” or “short” form (i.e.

Contracts 264
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Don’t Ask for a Covid Force Majeure Clause Now, and Other Advice from a Hotel Attorney

Smart Meetings

Now, the question is how to build contracts moving forward. Phoenix-based hotel attorney Lisa Devlin sat down for some rapid-fire questions about what is and isn’t working today and offered her prescription for a win-win solution to trading contract clauses. Read More : A Breakdown of Post-Pandemic Contract Clauses.

Hotels 246