This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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 suggests adding a frustration of purpose clause if the reason the event was planned is no longer viable.
The annual event offered a wide range of education sessions on sustainability, connection, F&B, leadership and so much more. Mark Cooper Smart Meetings Compared to last year, what made this year’s event different? Thats why we include speakers on negotiation, influence and professional development. Its all connected.
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
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.
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.
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.”
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.
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!
We recently spoke to Lindsay Martin-Bilbrey, CEO at Nifty Method , about the concept of all-in-one event management software, why this concept is flawed, and what approach can tech providers and event planners take. Here are some key takeaways from the conversation with Lindsay, where she debunks the myth of all-in-one event tech.
On the heels of multiple studies showing that event professionals are increasingly being asked to do more with less, Smart Meetings asked a veteran planner for tips on how to create “wow” on a budget. Most properties will negotiate for a lower price if they can lock in the business for two or three years. Food and Beverage.
6 tips for budget-friendly, memorable rewards programs that are easy on the meeting prof Smart Meetings Vice President JT Long sat down with Melissa Moten, vice president of experience and event solutions at The Collective by BCD M&E, to discuss some key elements of planning a smooth and successful incentive trip.
The event included an update on the economic status of Las Vegas, a discussion about WrestleMania 41 at Allegiant Stadium and a talk about what makes Sphere such an appealing attraction to visitors. It’ll be a week-long event. How does Las Vegas keep pushing the envelope? The third Preview Las Vegas, held Jan. I doubt it.
A cost-effective food and beverageevent takes hard work, attention to detail and careful planning, but it can be done. Act extra nice when negotiating costs and dealing with service providers. Avoid peak season when choosing your event date. More events mean rigid and higher prices. Negotiate everything.
Gratuities Minimums for food and beverage. Read More: Top Legal Issues Meeting Profs Should Be Aware of in 2023 What To Leave Out Cohen has a few suggestions for the things you leave on the negotiation room floor of your contract: Your own personal liability for any issues caused by a guest, such as room damage, and noise complaints.
Here’s what some organizers are asking for and getting: Pre-Event Content Marketing – Customized promotional video or interview, webinar, article contribution for newsletter, blog, podcast or magazine, social channel engagement. Post-Event Content Marketing – Participate in a scheduled replay. Invest in Professional Speakers.
And that makes it critical for conference organizers to ensure that their first-time attendees are set up for successparticularly as a tidal wave of newcomers continues to flood the b-to-b event landscape. So we ask them, but then we also do our own analysis, and we get a good list of these folks that haven’t done this [event] before.
Fun fact: Resy negotiated with its restaurant partners to hold the reservations for dates two weeks out—something that could help out last-minute planners or forgetful partners ahead of Valentine’s Day. The streaming service partnered with events platform Black Restaurant Week and dating app BLK for the activations. and New York City.
Knowing how to prepare a venue for an event is one of the key points in event planning. Choosing a venue for an event is also one of the first negotiation points as well. If you’re lucky, the event market will offer a variety of good venues. The time of day and season of the event. The type of event.
Tyra Warner, assistant professor and department chair of Hospitality and Tourism Management at College of Coastal Georgia, has seen hotel negotiations from every angle. Tyra Warner She knows the unexpected always happens in an extreme sellers market and has suggestions for strategically managing the liability that comes with live events.
We recently spoke to Lindsay Martin-Bilbrey, CEO at Nifty Method , about the concept of all-in-one event management software, why this concept is flawed, and what approach can tech providers and event planners take. Here are some key takeaways from the conversation with Lindsay, where she debunks the myth of all-in-one event tech.
Challenging event inflationary times call for fresh ideas. Event Structure and Scheduling The who, how long and in what format can impact the bottom line tremendously. Produce as a hybrid event, with some attending in-person and some virtual sessions for a wider audience. This reduces travel, housing and F&B costs.
Expert negotiator tips for managing policy changes in uncertain times Other than expensive, unreliable Wi-Fi, there are few things meeting professionals hate more than uncertainty. One planner we talked to had nine events for federal employees cancel in one month while a new administration was confirmed.
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.
Register for “Banquets and Catering: An Insider’s Approach to Food and Beverage” Have you ever wondered how can hotels charge $120 or more for a gallon of coffee? You’ll learn how to negotiate catering pricing, service charges and fees to deliver immediate savings to your company or organization.
Arranging a hotel block and finalizing the contract is one of the most important parts of planning an event. There’s hotel jargon, legal terms, and the idea of facing off against someone over the negotiating table. We’re here to walk you through the basics of negotiating hotel blocks. Why Negotiate a Hotel Block?
At New York Hilton Midtown in Manhattan, for instance, the $25 added to bills daily as an “urban destination charge” includes a $15 beverage credit at the hotel bar and a $10 food credit at the grab-and-go. I have heard of planners negotiating out this fee,” says Lauren Wolfe, a lawyer who publishes the website killresortfees.com.
While some event professionals may gleefully embrace the prospect of negotiating contracts for large events, many would rather run for the hills. In many instances, event professionals can land sweet deals if they consider a multi-year agreement for annual events. Remember…everything is negotiable!
A sober-inclusive happy hour is an absolute must for inclusive events. That was the sentiment at the Beyond the Bar discussion that took place at Jimmy Kimmel’s Comedy Club during IMEX America 2024, hosted by Caesars Entertainment and OTHR Agency in partnership with CEMA (the Corporate Event Marketing Association).
Events serve an important business purpose. Luckily, as important as events are, they don’t have to break the bank. Here are some tried-and-true event ideas to help you wow attendees and bosses on a tight budget. Event Ideas for Themes. You may intuitively think that a customized event theme is costly.
Want to know the secret to planning a successful event? Let’s take a look at the nine critical steps of event management strategy that will put you on the path to event success. The same can be said for event planning. Or a fundraising event to collect donations and communicate your charity’s vision and accomplishments.
Managing one corporate event can be demanding enough, so when it comes to managing multiple events, the time, resources, and details involved can make it a challenging endeavour. Luckily, having a great event management tool on hand along with understanding the potential pitfalls can help you avoid these 13 costly mistakes.
Event planners and event managers have all been through a steep learning curve to master the art of creating successful event experiences. From managing event timelines to event budgeting, event profs have a lot on their plates. Pre-Event Setup & Site Visit. Housing & Room Blocks.
Sheaks, who deals with law in the restaurant and hospitality division, breaks down the force majeure process and points out the risks and legalities event planners and producers should be aware of when booking an event in a world recovering from Covid—where last-minute changes have become a regular, anticipated occurrence.
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.
Search the Internet for the phrase “event planning challenges” and you will find countless surveys and lists (like here and here ) that name reduced event budgets or budget cuts as one of the top challenges facing event professionals every year. Craft a unique event theme and name.
Knowing how to prepare a venue for an event is one of the key points in event planning. Choosing a venue for an event is also one of the first negotiation points as well. If you’re lucky, the event market will offer a variety of good venues. The time of day and season of the event. The type of event.
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?
To ensure that your attendees return to your conference year after year delivering a memorable event experience is key. This is why “Reimagining the Conference” was the perfect topic for Part 4 of our virtual workshop series on Crafting the Event Experience. Missed Part 4 of our Crafting the Event Experience Workshop series?
The choice of venue has to be based on the clear requirements that your event sets in terms of size, lighting, network capabilities, etc. For instance, if you expect to find an affordable event venue in Singapore during a peak season, it will be necessary to start looking for a venue no later than eight months before a conference start.
Tapping into women’s strengths for negotiation success We begin to learn the art of negotiation in childhood. As we grow, we begin to negotiate with our teachers, our coaches and our friends. And by the time we graduate from college, we realize everything in life is about negotiation. It is the power of HERsuasion.
After a nearly two-year hiatus due to COVID-19, the events industry returned in all its glory this year. A war in Ukraine , an inflation surge, and supply chain issues will impact event budgets in 2023. . The Annual ICE Report estimates that event-related costs will increase by 83%. The Return of Large-Scale In-Person Events.
Learning how to plan an event requires multitasking skills and (often) quick thinking. In order to succeed, you need to know and understand the basics so you plan your event effectively. Before you jump ahead and pick an event venue, it’s important to take time to create a plan so you know how to plan an event properly.
Whether planning private celebrations, non-profit fundraisers, or corporate conferences, the goal of the event planner is to visualize their client’s idea and then bring that vision to life. But how do event planners accomplish this task? What does an event planner do, exactly? So what does an event planner do?
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.
We organize all of the trending information in your field so you don't have to. Join 42,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content