Remove Contracts Remove Hotels Remove Marketing
article thumbnail

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. .

article thumbnail

Smart Moves at Destinations International, Fairmont Dallas and More

Smart Meetings

Lauren Shoaf Pace Lauren Shoaf Pace, Destinations International Pace is appointed vice president of marketing at Destinations International (DI). In her role with DI, Pace will be responsible for the strategic development and implementation of all of the association’s marketing initiatives.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. State of the Market Based on the current state of the market, Payne has seen a shift occur due to the events that transpired during Covid-19. Hotels want to make up for lost time, lost money.

article thumbnail

Renegotiating Live Event Agreements When All Parties Are Innocent Victims

Velvet Chainsaw

hotel industry is projected to report a 51-percent decline in revenue per available room (RevPAR) in 2020, according to a special forecast revision from STR and Tourism Economics on March 31. Look for hotels to run booking promotions and bring commissions back up to 10 percent. Help your customers now for your long-term survival.

Contracts 397
article thumbnail

The Art of Negotiation in Unpredictable Times

Smart Meetings

Within the meetings and events industry, where relationships are the foundation of success, negotiation has evolved far beyond rates and contracts. In one case, when a planners budget constraints seemed immovable, we pivoted toward value-adds the hotel could providedelivering more meaningful impact without altering the rate.

article thumbnail

Event Tech Industry Forecasters: Q&A with Byrne Production Services

Event Marketer

HOW SHOULD EVENT MARKETERS BE LOOKING AT PRODUCTION BUDGETS IN 2025? We all know that it is harder for event marketers to get their brand messaging and experience to resonate with their target audience without framing the event in an elevated amount of production value. What departments does that cover?

article thumbnail

New York City Hotel Licensing Fight: What Meeting Profs Need to Know

Smart Meetings

Proposed law may impact pricing, but it’s more complicated than that The city that doesn’t sleep should not mind having the number of its hotel rooms go down, but meeting profs will—and proposed licensing of hotels in New York City will hasten the drop, according to trade groups for the hotel industry.

Hotels 290