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Whether on the world stage or within our own industry, negotiations are everywhereand their outcomes matter more than ever. In a time marked by geopolitical tension, fragile supply chains, and economic uncertainty, the ability to negotiate effectively isnt just a business skillits a survival tool.
Avoid pitfalls and protect your event Contracts are the lifeblood and backbone of the meetings industry. Negotiatingcontracts is the first step before confirming speakers, color themes or catering options. That way, a contract can be ended without any issues or penalties.
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.
One of them, “Must Have Contract Clauses,” was led by attorney Joshua Grimes, who touched on the latest in contractnegotiations, 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.
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.
A near unanimous number of members from the Culinary Workers Union Local 226, the largest labor union in Nevada, and the Bartenders Union Local 165 have voted to authorize a strike on the Las Vegas Strip, following tens of thousands of hospitality workers casting their votes at Thomas and Mack Center on the University of Nevada’s campus.
“When you work in consulting, nobody likes you,” Alison Fragale begins the latest Smart Meetings webinar, “ How to Harness the Power of Negotiation to Master Your Post-Covid Events Career.”. Negotiation is a science and an art,” Fragale says. We’re more afraid of advocating for ourselves, negotiating for ourselves,” she says. “We’re
Learn More: From Checkboxes to Strategy: Implementing and Leading Sustainable Event Practices Topics included AI adoption, succession planning, contractnegotiations, neurodiversity affordances, transportation management and sustainable sourcing.
With fewer daycare services available, many of the remaining providers are priced beyond affordability for hospitality employees. Hotels will likely give less room for discounts or concessions, and early contractnegotiations will be crucial to locking in favorable rates.
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.
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. in hospitality. in hospitality. Warner advises caution.
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.
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.
Learn More: From Checkboxes to Strategy: Implementing and Leading Sustainable Event Practices Topics included AI adoption, succession planning, contractnegotiations, neurodiversity affordances, transportation management and sustainable sourcing.
Master planner consultants offer 6 tips for negotiating your next corporate event Does this sound familiar? How can you word the hotel contract to protect your company? Remember, everything is open for negotiation so make sure you are getting what you’re paying for. What should you include in the RFP?
Learn More: From Checkboxes to Strategy: Implementing and Leading Sustainable Event Practices Topics included AI adoption, succession planning, contractnegotiations, neurodiversity affordances, transportation management and sustainable sourcing.
Thousands of downtown Chicago hotel workers went on strike Friday morning after contracts expired at 25 downtown convention and boutique hotels. Unite Here Local 1 , the union for housekeepers, servers, cooks and doormen, had warned of a possible walkout when the previous contracts expired on August 31.
However, with the chaotic state of staffing in the hospitality industry, the 140th year of celebrating labor unions merits a second look. Unionized hotels provide the stability and training that hospitality workers are seeking—they could be part of the solution to the shortage that meeting planners are waiting for.
Learn More: From Checkboxes to Strategy: Implementing and Leading Sustainable Event Practices Topics included AI adoption, succession planning, contractnegotiations, neurodiversity affordances, transportation management and sustainable sourcing.
That is why every Smart Meetings Experience starts with The Amuse Bouche, a taste of the hospitality spirit yet to come. Read more negotiating tips from Linda Swindling here. “As we begin signing contracts again, we may all have a lot of boxes that need checked for a successful return. “If
The fine print for negotiating win-win agreements. Contracts are legally binding agreements between two parties that help ensure services are performed, eliminate miscommunication and spell out options in the event of a disagreement. Following are her tips for mastering contracts. Critical Contract Clauses.
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.
Contract Lessons Lisa Sommer Devlin When the focus of the event is finding new places to bring events, kicking off with a lesson in what to include—and leave out—of contract clauses is always a good idea. Phoenix-based hospitality attorney Lisa Sommer Devlin offered some straight talk.
Englander takes on the role of account manager as well, and will assist with all aspects of site selection and contractnegotiation processes. Najera has honed his skills in marketing throughout his two decade career, working across various sectors, including advertising and hospitality.
Three weeks after Hyatt Corporation confirmed that it would cut planner commissions, thereby following the lead of three other large hospitality companies, Meeting Planners Unite held its first conference in Washington, D.C. MPU’s leadership is also focused on negotiating for new sources of revenue for planners.
Experts weigh in on what needs to change to work together better Editor’s Note : Hospitality sales consultant Steve Steinhart will be speaking at Smart Meetings Extraordinary Experience in Monterey, California, Nov. Register here to hear him in person. I understand hotel costs have risen.” Perhaps to include more than just the meeting specs.”
Smart Meetings Inclusive Experience at JW Marriott Miami Turnberry Resort & Spa this week started with the hospitality basics. Authentic connections made with respect paved the way for business getting done The most important deliverable for a meeting is that everyone feels welcome. Everything else depends on that.
Strike votes by hospitality workers in Las Vegas and, now, Chicago could be harbingers of more labor actions in response to loss of job security caused by automation, according to labor experts. The union’s members voted August 15 to walk off the job at month’s end if a new contract deal isn’t reached. An August 31 Deadline.
Learn More: From Checkboxes to Strategy: Implementing and Leading Sustainable Event Practices Topics included AI adoption, succession planning, contractnegotiations, neurodiversity affordances, transportation management and sustainable sourcing.
Webster’s Dictionary defines negotiation as “the act or process of having a discussion in order to reach an agreement.” According to veteran hospitality attorney Lisa Sommer Devlin, “Negotiating is about bargaining power. More : Master Win-Win Negotiations for Your Contracts. That’s usually the sign of compromise.
Learn More: From Checkboxes to Strategy: Implementing and Leading Sustainable Event Practices Topics included AI adoption, succession planning, contractnegotiations, neurodiversity affordances, transportation management and sustainable sourcing.
Skift Take: Hotel rates will rise globally in most locations next year, something to keep in mind when negotiating meeting contracts. Andrea Doyle Read the Complete Story On Skift Meetings
Underwood shared that, overall, hotel rates are up 38% since before the pandemic and properties are less likely to negotiate day rates or minimums than pre-Covid as they are under pressure from increased labor and operating costs. Thank you @LEOEvents for putting some context behind the increased prices and fees we are seeing in contracts.
Learn More: From Checkboxes to Strategy: Implementing and Leading Sustainable Event Practices Topics included AI adoption, succession planning, contractnegotiations, neurodiversity affordances, transportation management and sustainable sourcing.
Learn More: From Checkboxes to Strategy: Implementing and Leading Sustainable Event Practices Topics included AI adoption, succession planning, contractnegotiations, neurodiversity affordances, transportation management and sustainable sourcing.
What to watch For Contracts don’t sound exciting. But if you look at them another way, event contracts are a dynamic landscape that can either serve as a solid foundation for your event, or a swampy marsh full of lurking danger! Lots of legal language, tons of details—essentially, a heavy lift. Are staff rotating roles?
Learn More: From Checkboxes to Strategy: Implementing and Leading Sustainable Event Practices Topics included AI adoption, succession planning, contractnegotiations, neurodiversity affordances, transportation management and sustainable sourcing.
Learn More: From Checkboxes to Strategy: Implementing and Leading Sustainable Event Practices Topics included AI adoption, succession planning, contractnegotiations, neurodiversity affordances, transportation management and sustainable sourcing.
Learn More: From Checkboxes to Strategy: Implementing and Leading Sustainable Event Practices Topics included AI adoption, succession planning, contractnegotiations, neurodiversity affordances, transportation management and sustainable sourcing.
Three industry veterans share their advice on crafting contract terms and clauses that meet the needs of host groups, not just host venues. Another tactic, said Jeff Duncan, president and CEO of room-block management firm Meetingmax, is to put forth a “BATNA,” or best alternative to a negotiated agreement.
Learn More: From Checkboxes to Strategy: Implementing and Leading Sustainable Event Practices Topics included AI adoption, succession planning, contractnegotiations, neurodiversity affordances, transportation management and sustainable sourcing.
Writing contracts and negotiating terms with suppliers can be tricky. In a recent Smart Meetings webinar, veteran hospitalitycontracts attorney Lisa Sommer Devlin shared some tips for creating win-win contracts. Here are the contract clauses you shouldn’t do without. Are attorney fees included? Arbitration.
In the latest Smart Meetings Accelerator “ Top Planner Contract Questions Answered ,” Lisa Sommer Devlin, an expert in contract law at Devlin Law Firm , answers those very questions (and more) for planners. If a planner wants to make a change to a contract, is it necessary to sign a whole new contract? More : J.D.
2022 contracting will require going back to basics. Contracting in the current Covid climate, however, is complex—everything feels unsettled, so it’s hard to know how to plan. Anyone who has written a contract in the COVID era has learned one thing—patience! How do we navigate this ever-changing environment?
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