Remove Events Remove Food and Beverage Remove Negotiating
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Tips for Negotiating Your Next Big Event Contract

Smart Meetings

Payne, CMP, CMM, strategic partner at INNOV8 Meetings + Events , to get her take on the current marketplace and its impact on meeting planners, and some helpful tips and tricks planners should be looking at when drafting up a contract with a hotel or venue. Negotiate the Details Prepare for pushback on all fronts, Payne advised. “I

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Win at Negotiating AV Services with Hotels

Smart Meetings

However, leaving audio visual (AV) equipment services to the end could be a costly mistake, especially when negotiating these services with a hotel. Knowing this and other nuances associated with AV services contracting can help contain event costs and access to the optimum AV solution. Areas for Negotiation. Insurance coverage.

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Two Tensions Keeping Senior Event Professionals Up at Night

Velvet Chainsaw

For most business event professionals, rebuilding attendance and overall revenue is priority one. Business event professionals are also challenged to deliver net income to the bottom-line. Business event professionals are also challenged to deliver net income to the bottom-line. Event innovation often takes a back seat.

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Event Planning Has Risen in the Ranks of Most Stressful Jobs

Velvet Chainsaw

According to a study by the World Scholarship Vault , event planner stress levels are hitting a new high — the third-most stressful job in the world for 2023. Annual conference budgets are usually finalized 12-plus months prior to the event. Planners are charged with making the problem go away but have little to no negotiating power.

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How Planners Can Manage The “Easy Button” in Events

Smart Meetings

That often means seeking out third-party agencies and independent planners to attain their goals and create a stellar event. Not only do we do contract negotiations, site inspections and sourcing, but then we help planners with all of the logistics from start to finish.” Use our knowledge.”

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Helpful Budget Tips for Event Planners in a Post-Covid World

Smart Meetings

Money also is essential to getting an event off the ground and is the bones of an event planner’s budget. The prices are so high for the individual menu items that the value of what you’re getting doesn’t equate a lot of times,” Pilcher stated, “I’m getting so much less food. Hotels have really tightened up.

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26 COVID Questions to Ask your Wedding Venue

EventSource

As you negotiate vendor contracts, be sure to keep COVID in mind and ask these important questions: . What kind of cleaning and sanitation will be done prior to our event? . Event Space: If the event space is indoors, what safety measures are in place? Can our entire event be held outside? . Happy Planning!

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