SmartMeetings

APRIL 7, 2020

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. Managing risk is particularly important in the financial and insurance meetings sector, and meeting planners play a key role in this process.

Financial 85

Financial Insurance Risk Management Meetings 85

SmartMeetings

MAY 4, 2020

What this means, as discussed by more than 330 participants in last week’s Financial & Insurance Professionals (FICP) Chats, is that meetings professionals cannot solve for every potential scenario right now, and should not feel the undue stress associated with attempting to do so. Food and Beverage.

Meetings 105

Meetings Food and Beverage Insurance Financial 105

SmartMeetings

APRIL 19, 2017

Food & Beverage , used when talking generally about providing, well food and beverages. Every event involves food and beverage, so brush up on your lingo. The lead person appointed by the venue and in charge of managing food service at an event. Consider it hanger insurance.

Food and Beverage 84

Food and Beverage Meetings Contracts Negotiating 84

Planning Pod

JANUARY 12, 2021

Dianne says that understanding your target audience’s needs, your competitors’ price points and your cost of operations (overhead, mortgage/rent payments, staffing, food and beverage costs, utilities, cleaning, out-of-pocket rentals, etc.) Are you charging enough? So you should invest more there,” suggests Michael. “If

Venues 148

Venues Food and Beverage Social Media Marketing 148

SmartMeetings

NOVEMBER 16, 2020

In the last Financial & Insurance Professionals (FICP) Chats, participants focused on innovative and creative techniques to keep themselves, their co-workers and their meeting attendees engaged and excited. These also allow for a CSR component, if a family decides to donate its meal to a food bank.

Meetings 130

Meetings Insurance Entertainment Financial 130

StraussCA

APRIL 14, 2022

This will include food and beverage for your attendees, insurance, and travel costs, just to name a few. The venue space can be smaller, thus decreasing food and beverage costs, and other rental costs. Feasibility. Virtual: A virtual event costs are significantly less than an in-person event. Networking.

Travel 94

Travel Food and Beverage Insurance Financial 94

MeetingsNet

MARCH 29, 2024

In addition, “energy costs have nearly doubled in the past four years, while our insurance premiums have gone up well above the consumer price index,” which has risen a total of nearly 30 percent since early 2020, said Jennifer Rutkowski, senior vice president, revenue and profit optimization, for BRE Hotels and Resorts.

Hotels 98

Hotels Food and Beverage Insurance 2020 98

Smart Meetings

DECEMBER 1, 2022

Before working in sales and marketing, he spent 15 years in food and beverage roles with Hyatt. She has experience in multiple industries, including ministry, insurance and consulting. Muhly is director of sales, events and marketing for Hyatt Regency Portland at the Oregon Convention Center. Rachel O’Neill-Cusey.

Food and Beverage 98

Food and Beverage 2014 Consulting Insurance 98

Smart Meetings

JANUARY 14, 2022

Those who can’t work from home, including food and beverage and construction workers “are the ones with the biggest appetite to get,” he observed. If the Pandemic Risk Insurance Act ( PRIA ) passes this year, event insurance companies would be “only on the hook for 5% of the cost,” Dominguez stated—the U.S.

Insurance 96

Insurance Food and Beverage Hospitality 2022 96

Smart Meetings

JANUARY 4, 2019

Insurance coverage. If the hotel remains firm on the use of its AV vendor, the planner can elect to block fewer rooms or purchase less in hotel food and beverages to compensate for higher costs. Questions to ask when considering AV services include: Qualifications of the hotel’s in-house AV technicians or electricians.

Negotiating 82

Negotiating Hotels Contracts Food and Beverage 82

SmartMeetings

JUNE 30, 2020

The preview of best practices turned into a vigorous question-and-answer session covering everything from food and beverage to contracts, to roles and responsibilities. Where are planners getting guidance on best practices for food and beverage? Here are highlights. Advocating for the Future.

Food and Beverage 111

Food and Beverage Meetings Hotels Contracts 111

SmartMeetings

JULY 9, 2024

A Scenario in 3 Acts Scenario: A female independent planner has a client for an incentive program to a destination where the need for negotiation is paramount due to the higher cost of travel, food, beverage, transportation, liability insurance, security and day trips.

Negotiating 98

Negotiating Food and Beverage Insurance Hotels 98

Eventtia

JUNE 2, 2023

Some of the critical elements you should include in your budget are: Venue: both the rental cost and required insurance. Catering: all costs related to food and beverage Decoration: pretty self-explanatory Entertainment: speakers, talents, performers, exhibitors, and so on. For virtual events, you can skip this.

Sponsorships 91

Sponsorships Social Media Insurance Food and Beverage 91

Event Leadership Institute

OCTOBER 29, 2020

What kinds of insurance may provide coverage for losses and claims related to Coronavirus? Are there other types of insurance to consider or provide for guests or suppliers? What changes should be made to food & beverage service? What measures are put in place to manage and direct crowd flow and control?

Food and Beverage 79

Food and Beverage Insurance Contracts Transportation 79

Hubilo Blog

JANUARY 8, 2019

Does your event venue offer food and beverages? When venues have kitchens then they tend to waive the facility fee so long as you let them cater for you and will only charge you a down payment that includes the cost of food per head. Take care of Insurance. In case it does, does it set a minimum spending amount for these?

Venues 79

Venues Insurance Food and Beverage Negotiating 79

Guidebook

JANUARY 8, 2024

Look into associated costs like food and beverage, AV, and parking – are these included, where can you negotiate? Food and Beverage Consider and confirm the event’s food and beverage needs. Ensure adequate insurance cover is in place for the event. What is the anticipated ticket price?

Event Planning 78

Event Planning Food and Beverage Social Media Speakers 78

Guidebook

JANUARY 8, 2024

Look into associated costs like food and beverage, AV, and parking – are these included, where can you negotiate? Food and Beverage Consider and confirm the event’s food and beverage needs. Ensure adequate insurance cover is in place for the event. What is the anticipated ticket price?

Event Planning 78

Event Planning Food and Beverage Social Media Speakers 78

PCMA Convene

APRIL 2, 2018

Cindy Heston, director of travel and events for Anthem, a health-insurance plan provider and Bizly subscriber, is a fan of the interface. The result is a platform that looks like WeWork crossed with Airbnb: a shifting map of pinpoint property options, alongside specifications and availability and add-on options for each one, all integrated.

Meetings 97

Meetings 2014 Food and Beverage Contracts 97

Smart Meetings

MARCH 28, 2022

This especially applies to contracts with food and beverage vendors, security and third-party testing companies. Lastly, you may want to include additional insurance protections in the baseline insurance requirements detailed in the contract. But remember, your indemnification rights vary from state to state.

Contracts 78

Contracts Insurance Negotiating Government 78

Planning Pod

FEBRUARY 8, 2017

Often we as event professionals think of the attendee experience first – like food-and-beverage, venue location, speaker and entertainment considerations – and then tack on event security much later. In fact, we often approach it much like we do insurance.

Insurance 122

Insurance Food and Beverage Venues Events 122

Endless Events

OCTOBER 29, 2019

But with all the new trends surrounding food and beverage popping up around the world, there are more than enough ways to ensure things can change for the better. Event Insurance 101 – The Ultimate Guide . And since we want nothing more than to keep you up to date, we decided to get things going! Seedlip Drinks.

Food and Beverage 72

Food and Beverage Insurance Sports Entertainment 72

PCMA Convene

MARCH 7, 2017

We have implemented a risk-management manual to our events and we have purchased more event insurance for better protection. Increase in what we budget for food and beverage, and managing other costs more closely. This event originally was just for our state but now is becoming a regional event. •We Lowered meeting costs.

Food and Beverage 67

Food and Beverage 2017 Risk Management Insurance 67

Event Marketer

OCTOBER 25, 2021

Wages are at an all-time high, Minges notes, and companies are offering benefits including health insurance, retirement plans and signing bonuses. So far, hospitality companies have been wary of requiring employees to get vaccinated, Minges says, because employers are worried about potentially alienating workers.

Hospitality 105

Hospitality Food and Beverage Hotels Insurance 105

Planning Pod

AUGUST 16, 2022

To determine this number, you’ll want to tally the cost of food, venue, staff, decorations, tech, rentals, speakers, performers, your hours, etc. If you are planning something that has a large luncheon or requires planning to a specific headcount, you’ll want to stop additional registrations before you place your final food order.

Food and Beverage 103

Food and Beverage Insurance Apparel Trade Shows 103

SmartMeetings

FEBRUARY 16, 2024

Food and beverage prices and minimums along with the number and type of meals should be outlined and refined in the Banquet Event Order (BEO). This section can also include wording about making accommodations for dietary needs, how leftover food will be handled (donated, recycled, etc.)

Contracts 98

Contracts Negotiating 2024 Hotels 98

Smart Meetings

OCTOBER 5, 2022

A streaming option can serve larger, more geographically diverse and executive audiences, act as a flexible insurance policy in the event a new threat grounds attendees while providing valuable data about behavior. Decreased costs associated with venues, food, beverages and accommodations can help expand distribution.

Meetings 110

Meetings Food and Beverage 2021 Speakers 110

SmartMeetings

JUNE 11, 2018

It teaches best practices for incorporating local food and beverages, culture and subject experts. A good place to start is the website of Association of Destination Management Executives International (ADMEI), whose members meet competency criteria and carry at least $1 million in insurance coverage.

Food and Beverage 81

Food and Beverage Transportation Insurance Hospitality 81

Socio Events

NOVEMBER 9, 2022

Also, consider factors such as Wi-Fi, liability insurance, parking, transportation, security, and accessibility (all these details will affect your budget). ? Supply plenty of food and beverages in the green room for their pleasure. Location: Scope out a potential location and start getting event venue estimates. VIP tickets?

Event Planning 96

Event Planning 2023 Sponsorships Insurance 96

Planning Pod

MAY 27, 2020

If using an outside caterer, consider where they will have space to prep and how they’ll bring the food to guests still hot and fresh. Bring in food trucks, grills or other fun and funky food options. Do I need to acquire permits for alcoholic beverages? Do I need insurance? Is there on-site catering? No kitchen?

Venues 78

Venues Food and Beverage Insurance Sports 78

SmartMeetings

JULY 25, 2019

The cost is normally cheaper for the company and as guests don’t have to buy their own food and drinks, there are fewer out-of-pocket costs for them. A local DMC partner is often best for addressing transportation needs, to ensure quality, insurance and expert knowledge of the area and the entertainment it has to offer.

Negotiating 81

Negotiating Contracts Transportation Insurance 81

Social Tables

APRIL 22, 2019

The catering company you hired double booked themselves and can only supply a portion of your food and beverage orders. Consider it your event planning insurance for one of your most scarce resources: time. While we hope none of these things happen, they sometimes do.

Event Planning 138

Event Planning Food and Beverage Events Speakers 138

StraussCA

JUNE 29, 2022

Food and Beverage Selections. To establish your budget, consider how to pay for everything, including: Venue rental and insurance (if applicable). Food and beverage: don’t forget this is a variable expense dictated by attendance numbers. Food and Beverage Selections . Ingredients: . Event Goals.

Food and Beverage 52

Food and Beverage Contracts Entertainment Insurance 52

Bizzabo

JUNE 4, 2021

Can refer to food and beverage, services, or products that are purchased and charged separately rather than as a package. The venue or on-site manager will create this document and the event planner or client will review and sign off generally 72 hours in advance to give the venue time to order and prepare food and equipment.

Food and Beverage 92

Food and Beverage Wireless Speakers Venues 92

MeetingsNet

NOVEMBER 8, 2022

Premium food options. Ticket insurance. MORE MEETING COST-SAVINGS I DEAS: Click here for the full feature or on a catergory below: Food and Beverage. Marvin McTaw, CEO of event management platform provider Sched, suggests a few places to consider adding a nominal fee: • Event merchandise. Drink tickets. Upgraded seating.

Food and Beverage 59

Food and Beverage Meetings Transportation Consulting 59

Endless Events

DECEMBER 12, 2019

“So you know they’re able to go sit in on meetings with the AV team and with the food and beverages team and the venue team and see all the different elements. . “I think one thing that it has to be able to do is be cross-departmental”, he continues. That sucks.

Food and Beverage 104

Food and Beverage Sustainability Risk Management Events 104

Event Marketer

FEBRUARY 13, 2024

Guests could sample two cocktails from the beverage menu, which included a coconut corn coquito, frozen smoke with charred Tostitos syrup and the signature Tost by Tostitos margarita. Navy blue signage around the lounge thanked the military members for their service and promoted USAA’s “all-pro lineup” of insurance and banking products.

Food and Beverage 130

Food and Beverage Sports Hotels Apparel 130

MeetingsNet

OCTOBER 2, 2017

Are alcoholic beverages included? What will the annual percentage increase on food and beverage be for a cruise that’s being contracted several years in advance? In addition to purchasing special cruise insurance, he says to include in your negotiations how you would get your money back if something were to happen.

Contracts 63

Contracts Food and Beverage Negotiating Insurance 63