ePly

JANUARY 3, 2024

A Guide for Event Profs in the Age of Rising Costs Welcome to 2024, where contract negotiations continue to be a critical but dreaded aspect of event planning. In this day and age, negotiation skills are even more essential as event professionals strive to deliver memorable experiences while staying on budget.

Negotiating 87

Negotiating Contracts 2024 Events 87

BizBash

DECEMBER 27, 2017

This table below highlights how blockchain can disrupt various aspects of the financial services industry. Compiling and maintaining these databases is expensive for financial services; this can lead to duplication of effort and can delay transactions. All financial services firms, payment card networks, regulators.

Financial 80

Financial Banking Insurance Contracts 80

SmartMeetings

JANUARY 2, 2018

I have heard of planners negotiating out this fee,” says Lauren Wolfe, a lawyer who publishes the website killresortfees.com. ” Kear also advises that planners bring along their financials from previous years’ events to show their hotel spend and P&L.

Negotiating 75

Negotiating Hotels Food and Beverage Contracts 75

Velvet Chainsaw

MAY 25, 2023

Planner frustrations include: Late assignment — or recurring turnover — of key project managers Unexpected increases in expenses Lack of empowerment to negotiate or problem-solve Unacceptable response times No clear escalation path for service recovery As for vendors, many face headwinds as they work to rebuild their service delivery teams.

Negotiating 195

Negotiating 2023 Financial Management 195

Velvet Chainsaw

APRIL 13, 2020

The previous low for occupancy was during the financial crisis in 2009 when occupancy was 55 percent. 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.

Contracts 397

Contracts 2009 Hotels 2020 397

Smart Meetings

DECEMBER 22, 2023

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. What they aren’t so great at is considering the nuances in your financial plan. In short, think big.

Contracts 105

Contracts 2023 Negotiating Financial 105

Eventmobi

JUNE 16, 2023

It lets you: Diversify revenue streams Increase financial stability Grow your program offerings Attract new members (with non-member/blended events) Diversify revenue streams Say you have 2,000 writers each paying $150 in dues every year. Non dues revenue is more than a temporary financial boost. a sense of security.

Sponsorships 195

Sponsorships Financial Social Media Conference 195

Conferences that Work

JULY 17, 2023

Though I’m weakly flattered that ChatGPT has also incorporated every single post I’ve written on my meeting design blog (over 750 posts in the last 13 years—around half a million words), OpenAI’s flagrant misappropriation of copyrighted works from pirate databases for their own financial gain is beyond the pale.

Meeting Design 293

Meeting Design Negotiating 2010 Technology 293

Smart Meetings

OCTOBER 18, 2022

Negotiate a clause about what will make an event financially important to go forward and negotiate based on that.”. Instead, talk about concerns of people canceling and negotiate at what point it doesn’t work. Fee Negotiation. Don’t put pandemic in your force majeure clause because we are still in the middle of it.

Hotels 98

Hotels Negotiating Contracts Financial 98

Eventtia

NOVEMBER 10, 2023

Each model has its own advantages and trade-offs, so selecting the one that aligns best with your objectives and financial resources is essential for successful event planning. Determine how much your organization can allocate to software expenses without straining your financial resources.

Event Management 117

Event Management Management Negotiating Financial 117

GEVME

MAY 21, 2018

Think about the ways to minimize expenses through sponsorships ; price negotiations; and partnerships with suppliers, vendors, or venue hosts. Sponsorship revenue can add substantial financial value to your event. Identify two budget sections: one for expected costs and the second one for actual costs.

Corporate Events 214

Corporate Events Sponsorships Negotiating Social Media 214

Eventmobi

JANUARY 24, 2019

To begin building your budget, it’s best to determine what financial success means for your event and how you want to measure it. Let’s take a look first at how you can determine what financial success means for your meeting or event before talking in more detail about cash flow. Gifts in kind (actual fair market financial value).

Food and Beverage 153

Food and Beverage Meetings Financial Advertising 153

Eventtia

OCTOBER 20, 2023

It serves as a financial roadmap, providing a clear view of all expenses and revenues associated with the event. By creating an effective event budget plan, organizers can exercise financial control and achieve maximum returns on their investments. Quick note: This guide works for free-to-participate events.

Financial 117

Financial Negotiating Entertainment Retail 117

Event Industry News

NOVEMBER 8, 2022

Negotiations to achieve the new investment round started at around the same time. This financial backing will enable the technology company to move forward with a new acquisition strategy that is expected to materialise in 2023. Eventscase, the all-in-one event management software, celebrated its 10th anniversary last September.

Negotiating 117

Negotiating 2023 Financial 2021 117

ePly

JANUARY 3, 2024

A Guide for Event Profs in the Age of Rising Costs Welcome to 2024, where contract negotiations continue to be a critical but dreaded aspect of event planning. In this day and age, negotiation skills are even more essential as event professionals strive to deliver memorable experiences while staying on budget.

Negotiating 48

Negotiating Contracts 2024 Events 48

SmartMeetings

JUNE 16, 2020

In the fifth of FICP’s new virtual education series, Financial & Insurance Professionals (FICP) Chats, more than 200 participants explored how to book group business for future meetings, including immediate adjustments for events, and how those were not being written into RFPs for the long-term. Concession Misconceptions.

Meetings 123

Meetings Contracts Insurance Hotels 123

GEVME

AUGUST 15, 2019

It’s easy to fill in a site with digital panels and robots, but don’t forget that the use of the latest event technology trends just for the sake of fashion is ornamental only and unjustifiable from a financial point of view. Everything you plan to surprise your guests with in 2019 should be practical and useful. The power of procurement.

2020 219

2020 2019 Negotiating Technology 219

Planning Pod

OCTOBER 2, 2024

From vendor and supplier negotiations to technology investments, we’re here to provide actionable tips and insights to help you optimize your financial performance. Vendor and supplier costs Negotiating better deals with vendors and suppliers can be a game changer when it comes to reducing costs. Get started today!

Negotiating 78

Negotiating Financial Social Media Transportation 78

GEVME

APRIL 25, 2018

Have you ever successfully negotiated a price with an event vendor before? By organising trade fairs, companies strive to become an industry leader and gain financial profits. To cut down on costs, consider price negotiations, ask event sponsors for some support, and recruit volunteers. 20,000 – $40,000. At the event.

Corporate Events 224

Corporate Events Event Planning Trade Shows Social Media 224

MeetingsNet

JUNE 14, 2024

While such terms are sure to catch the eye of many planners—and perhaps cause some planners to negotiate harder with properties in the southeastern U.S.

2025 105

2025 Meetings 2024 Negotiating 105

Eventtia

NOVEMBER 10, 2023

Each model has its own advantages and trade-offs, so selecting the one that aligns best with your objectives and financial resources is essential for successful event planning. Determine how much your organization can allocate to software expenses without straining your financial resources.

Event Management 96

Event Management Management Negotiating Financial 96

Smart Meetings

DECEMBER 23, 2021

What contracts need to include and how to negotiate those from third parties. Glynn shared that this new threat is scary for every traveler, every planner, every third-party negotiator. In each section, Glynn and Eidsvold offer analytical observations: Incentive travel is returning, however slowly.

Travel 98

Travel Negotiating Contracts 2022 98

Attendease

NOVEMBER 14, 2024

Perhaps automated marketing is the biggest timesaver, or maybe hybrid event capabilities is non-negotiable. Data security, privacy, and compliance are also paramount when handling attendee information and financial transactions. Take stock of which features will be most impactful for your company’s events.

Management 195

Management Event Management Marketing Trade Shows 195

Attendease

APRIL 4, 2024

Negotiate ongoing partnerships with venues and vendors to secure bulk discounts. Looking ahead, factor scalability into your company’s long-term financial projections. Your largest conferences warrant bigger budgets than smaller meetups. Identify your primary revenue-driving events and invest accordingly to elevate the experience.

Event Management 195

Event Management Management Sustainability Corporate Events 195

Eventinterface

AUGUST 28, 2017

Will you be responsible to negotiate, work with and pay the vendors directly, or will the planner take on this responsibility? Understand the financial implications of hiring an event planner before signing an agreement. Will you as a client be able to bring your own vendors, or will the event planner bring vendors to the table?

Speakers 37

Speakers Negotiating Events Financial 37

Smart Meetings

NOVEMBER 16, 2018

As attendees filed into The Village in the Financial District of San Francisco on Thursday, they were welcomed warmly and ushered to a swag buffet, where they picked their own gift bag items, just as they would soon be choosing their own agenda and action items. The first-ever Together Women Achieve meeting started with a hug.

Financial 97

Financial Negotiating Tech Meetings 97

SmartMeetings

JUNE 3, 2019

When searching for a venue, securing a property with in-house catering gives planners some elbow room—financially and in menu customization. It’s more difficult to negotiate prices with a venue that outsources its food and beverage service, as it doesn’t have much control over food options. Savvy Contract Negotiations.

Food and Beverage 86

Food and Beverage Contracts Negotiating Financial 86

PCMA Convene

DECEMBER 9, 2024

Budget constraints respondents indicated frustration over budget cuts, rising costs, and the challenge of delivering high-quality events with reduced financial resources. Labor costs, particularly union labor and in-house AV contracts, are viewed as excessive, and the lack of flexibility to negotiate better rates leads to resentment.

Negotiating 115

Negotiating 2024 Contracts Transportation 115

Smart Meetings

NOVEMBER 15, 2023

Financial & Insurance Conference Professionals (FICP) brought 700 thought leaders together at JW Marriott Marco Island Beach Resort in Florida to prepare meeting professionals for whatever comes next with a call to reflect, discover and recharge.

2023 105

2023 Negotiating Insurance Financial 105

Attendease

FEBRUARY 20, 2024

It’s crucial to monitor expenses closely and adhere to the budget to ensure financial stability. Effectively manage the event budget Based on your strategic plan, develop a realistic, line-item budget covering all aspects of the event — venue, vendors, security, food and beverage, staffing, swag, and the dozens of other expenses that pop up.

Corporate Events 195

Corporate Events Food and Beverage Social Media Event Management 195

MeetingsNet

JUNE 18, 2020

Joshua Grimes, principal attorney at Grimes Law Offices LLC in Philadelphia and a meetings-contract expert, laid out the areas where event agreements now require new wording in order to protect the host organization both legally and financially.

Contracts 115

Contracts Negotiating Financial Travel 115

Smart Meetings

DECEMBER 23, 2021

What contracts need to include and how to negotiate those from third parties. Glynn shared that this new threat is scary for every traveler, every planner, every third-party negotiator. Guest safety has become a focal aspect of incentive travel planning. Costs are changing and budgets must follow suit.

Travel 98

Travel Contracts Negotiating Hotels 98

The Castle Group

SEPTEMBER 3, 2021

At Castle, we are continually consulting with our clients to help them make the best decisions for their stakeholders, achieve their meeting goals and mitigate financial loss.

Meetings 97

Meetings Negotiating Contracts Financial 97

Smart Meetings

SEPTEMBER 14, 2023

An organization that undervalues the importance of procurement often pays for it in numerous ways—financial and legal. A 7-Step Process A true process will go beyond RFP sourcing and site selection, contracting and negotiations.

Conference 98

Conference Site Selections Negotiating Contracts 98

SmartMeetings

SEPTEMBER 14, 2023

An organization that undervalues the importance of procurement often pays for it in numerous ways—financial and legal. A 7-Step Process A true process will go beyond RFP sourcing and site selection, contracting and negotiations.

Conference 98

Conference Site Selections Negotiating Contracts 98

Smart Meetings

NOVEMBER 15, 2022

Koleen Roach, director of meetings and conference management at Securian Financial Group, led a panel of veteran explainers during Financial and Insurance Conference Professional ’s 2022 Annual Conference at Omni Boston Hotel at the Seaport. By the Numbers. Jeff Calmus. Tell a Story.

Financial 98

Financial Insurance Medical Meetings Contracts 98

Eventmobi

MAY 23, 2024

After all, these organizations can add legitimacy to your event, while improving its financial outlook. That way you can focus on tasks that need human input, like allocating resources and negotiating with sponsors. Higher Sponsor Satisfaction & ROI As a conference organizer, your attendees should be your number one priority.

Conference 289

Conference Management Speakers Event Apps 289