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Establishing an event budget is a crucial step during the planning phase, right after setting your goals and objectives. A budget is a detailed forecast of what will be happening financially at your event. It helps control your expenses and revenues, and measures the success of your meeting or event performance.
Avoid pitfalls and protect your event Contracts are the lifeblood and backbone of the meetings industry. Budget Cuts and Cancellations Shifts are bound to happen, especially for financial reasons. Warner also suggests adding a frustration of purpose clause if the reason the event was planned is no longer viable.
Many Canadian vendors have focused on elevated food and beverage options to stand out in an increasingly competitive global market for meetings and events. From a financial perspective, serving two meals instead of one is always going to be more expensive. Canada’s solution? Brunch is king.
The Royal College of Physicians today announces the appointment of Jo Stafford as the new Group General Manager for catering and venue operations at its London and Liverpool venues: RCP London Events and Spaces at the Spine. She has also managed high-profile events for the military in Southeast England and Her Majesty Queen Elizabeth II.
Over the last 17 years, she has garnered experience in hospitality, event, food and beverage, and business management. Borgata Hotel Casino & Spa in Atlantic City, New Jersey promoted Rynkiewicz to vice president and chief financial officer. Runyon brings 10 years of venue administration and events experience.
IMEX America Moves Toward a Sustainable Events Future IMEX America 2022 was the greenest one yet. A detailed report prepared by MeetGreen explained how the largest industry event made progress toward its Net Zero Carbon Events goal while pointing to even more improvements IMEX and other event organizers can make in the future.
Louis and is known for her successful implementation of innovative marketing strategies, enhancing the guest experience and improving the financial performance of boutique properties. Ippolito takes on the role of director of events. She has served in numerous general manager roles throughout St.
Many restaurant owners today are struggling to avoid rising food costs eating into profits and hindering their overall growth. At Planning Pod, we’ve noticed an uptick in business owners asking for tips on lowering food costs while maximizing profits. Not sure how to calculate your food cost percentage for a specific dish?
At a recent conference for business-event planners, executives from four hotel-ownership companies sat on stage and presented the ugly truth: Costs for just about every element of group events are up a lot compared to pre-pandemic days. population lives within an eight-hour drive of the Cincinnati/Northern Kentucky metro area.
He brings 52 years of experience, beginning in the hospitality industry as a dishwasher and moving through the roles of executive chef, food and beverage manager and finally general manager, and has worked with the Marriott brand for 16 years at various locations. He will oversee all operations and business strategy at the resort.
Ali Amin Ali Amin, One10 Leading travel, events, incentives and marketing services company One10 has appointed Amin EVP, Product Management and leader in SaaS product. He will oversee hotel strategy to maximize guest and colleague satisfaction, service standards and financial performance.
John Helderman and Stacie Michaels John Helderman (left) and Stacie Michaels (right), Fontainebleau Las Vegas Fontainebleau Las Vegas names Helderman chief financial officer. Ariane Coldiron Ariane Coldiron, PRG Production Resource Group (PRG) welcomes Ariane Coldiron as senior vice president of corporate events.
Guests can also enjoy food and beverage offerings at the site. Groups can enjoy numerous event spaces of varying sizes and a number of team-building activities. Groups can enjoy numerous event spaces of varying sizes and a number of team-building activities.
Developing an event budget is a crucial element when planning your meeting or event. It’s the next step after setting your overall event objectives. To begin building your budget, it’s best to determine what financial success means for your event and how you want to measure it.
The award winning Belfry Hotel & Resort , in North Warwickshire, has announced four senior appointments: Varun Shetty as Hotel Manager, Emma Catterall as Director of Finance, Gary Williams as Chief Engineer and Jacques Hobson as Director of Food and Beverage.
When the going gets tough, the tough cut costs—at least in the financial and insurance conference sector, where budgets often are more likely to come under the scrutiny of regulators. More : Budget Financial Meetings: Doing More with Less. We see it as an opportunity to help these clients see their business in a different way.”.
So we were thinking, ‘What can we do with this [Throwback Thursday] event that attracts those fans, leverages our partners and gives them a good experience?’” —Cavender Neutze, Marketing Manager, Arnold Palmer Invitational presented by Mastercard Golf fans enjoyed the action on the green, as well as the Florida wildlife and scenery.
There is much to explore, from big-ticket events, top attractions, award-winning restaurants, and Canada’s leading business sectors. Innovative economic sectors Toronto is the driving force in key business sectors, including life sciences, technology, and financial services.
Despite challenges like rising costs and staff shortages, planners must create a unique experience that makes attendees feel like VIPs, fostering long-term loyalty and enhancing their performance after the event. Put a Fine Point on Dining Few aspects of a meeting are as personal as the food and beverage experience.
Before Ronda Keys was a CMP Fellow —and a CMM, CEM, DES, CTA, HMCC and the assistant director of events at The Universities at Shady Grove —she was a little girl planning events complete with themes, invitations and menus for her Barbie dolls. She says, “Event design was a passion of mine at an early age!”
soon to debut over 25,000 more—and hosting around 400 events and 4 million visitors per year, it is the largest event venue in London. It is a Planet Mark-certified business and a signatory of the Net Zero Carbon Events Pledge —which means it has committed to accomplishing a 50% emissions reduction by 2030 and net zero by 2050.
At a recent conference for business-event planners, executives from four hotel-ownership companies sat on stage and presented the ugly truth: Costs for just about every element of group events are up a lot compared to pre-pandemic days. population lives within an eight-hour drive of the Cincinnati/Northern Kentucky metro area.
Five woman chefs of color in leadership roles across the United States spoke to Smart Meetings and shared stories of their careers, their inspirations and their passion for great food. Peruvian food is very diverse and dynamic in its flavors,” she says. In modern Peruvian cooking, Italian, Japanese and local Andes food all merge.
Hoffman joined Boulder CVB in 2014 as operations and financial manager, her most recent position. Wirkler has extensive comprehensive experience in hospitality and events managements and operations. Ramírez has 15 years of hospitality and food and beverage management experience at Mexican hotels and resorts. Teri Agosta.
Hoffman joined Boulder CVB in 2014 as operations and financial manager, her most recent position. Wirkler has extensive comprehensive experience in hospitality and events managements and operations. Ramírez has 15 years of hospitality and food and beverage management experience at Mexican hotels and resorts. Teri Agosta.
Some of those costs may be offset by fewer people attending in person, meaning less food and beverage, hotel rooms and travel costs will be incurred. The financial and insurance industry is based on relationships, and the more you can engage your clients, the more you can strengthen the relationship.
Are hybrid events a short-term solution to current conditions or a long-term shift in the events space? We asked Event Planners if they are planning to incorporate a hybrid strategy for events going forward, and if yes, to share their insights into how that will work. Adeola Fowodu, Celebration Events Management.
Event organisers believe that the number of dietary requirements amongst delegations will grow from 20%, in 2020, to 40% by 2030, according to research by Lime Venue Portfolio. The world has changed and by 2030 we believe that the majority of people at an event will want a different menu.
Event planning is no small feat, especially when it comes to corporate meetings and functions. A successful event requires thoughtful organization, creative vision, and seamless execution. But dreaming up unique, inspiring themes and event ideas takes time and imagination. Let’s dive in!
Stuttgart is constantly evolving, offering a unique setting for hosting business events. In this blog post, I’ll showcase the unique opportunities Stuttgart offers for your event, from hotels and venues to experiences, all with sustainability woven into the event planning process.
She began her hospitality career a decade ago in events at Marcy Blum Associates Inc. Cattini brings over 25 years of food and beverage and hotel management experience to his new role and has held leadership roles at Corinthia London; Shangri-La Hotels and Resorts properties in Singapore, the Philippines and Thailand, and more.
Planning a memorable and effective summer corporate event requires meticulous attention to detail, creativity, and strategic foresight. Whether you’re aiming to reward employees on an incentive trip, strengthen team cohesion, or impress clients, a well-executed event can leave a lasting positive impression.
While meetings professionals and the hospitality partners they work with have been understandably focused on the health and safety of event attendees since the appearance of the COVID-19 pandemic, both groups realize the continued importance of incorporating sustainability measures into those events, as well. Food & Beverage.
Corporate events serve an important purpose — they boost brand visibility, drive revenue, and strengthen relationships with customers and employees. However, executing successful events takes more than ordering catering and sending invites. Consider asking questions like: What is the primary purpose of this event? Educational?
Event planning is no easy feat. The best events bring together thought leaders who can provide unique value to guests. Event sponsorship is a well-used tactic to help with both funding and value delivery for large and small events. . But how do event planners find sponsors, and is it worth it to host a sponsored event?
Those steps, and others, will be necessary to both reduce risk and assure transient travelers and event groups that safety is everyone’s top priority, according to more than 300 participants in the first-ever virtual Financial & Insurance Professionals (FICP) Chats last week. Sanitation Ratings.
If you’ve been paying attention to the event trends set to redefine the industry, you’ll know that hybrid is up there with the most relevant. In fact, according to our State of The Industry Survey , 64% of planners believe hybrid events will be the most common experiences in 2021. And this, of course, includes venues!
We know that in a digital age where business relationships can often feel transactional and distant, integrating event marketing into your strategy is key if you want to grow a business. We’ve learned that the secret to creating memorable and impactful events lies in truly knowing what drives your audience.
His philosophy is that “Genuine hospitality is the way a restaurant makes you feel before you even take a bite of food. of event space with more for lobby activations and 53 workforce housing units) and should be open in 2024, with more in the works in Petaluma (45-minutes away on Highway 101 with 93 guest rooms, 3,000 sq.
Events Leadership Institute (ELI) recently released The Event Professional’s Guidebook to In-Person & Hybrid Meetings, Events & Conference , an event guide that covers all things hybrid, attendee safety and general event readiness. Are capacities treated differently for outdoor events?
As an event planner, you know these festive celebrations are a great way to boost employee morale, show appreciation, and bring your team together. Plus, you can explore all your options without feeling rushed, negotiate better rates, and have ample time for promoting and building excitement around the event.
Planning an event might seem easy, but there are many opportunities for missteps. Even a tiny gig might become a nightmare if you dont plan your event expenses correctly. Creating a budget for an event is no easy task. Creating a budget for an event is no easy task. Why does event budgeting matter?
Exclusive Collection gifts event organisers fresh take on the festivities. After a two-year absence of company get togethers the traditional company bash is under review as corporates address the hybrid workplace, financial climate and acknowledge a heightened ownership around their employees’ health and wellbeing. The gift of time.
With over 25 years of experience in travel, tourism and business events, and in leadership roles with Starwood Hotels and Resorts and Destination Toronto, he brings extensive experience to oversee BestCities operations, focusing on their values of legacy, sustainability and advancement of the global impact of meeting events.
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