Remove Food and Beverage Remove Marketing Remove Negotiating
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Mastering Event Contracts: Essential Negotiation Strategies for Meeting Planners in 2025

Smart Meetings

Negotiating contracts is the first step before confirming speakers, color themes or catering options. F&B Prep Typically, the cost of F&B is based on whats happening in the market. “I think it goes to the wisdom of making sure you lock in food and beverage prices as early as you can, Warner offered.

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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. You have the most negotiating power before signing the contract. Areas for Negotiation. The post Win at Negotiating AV Services with Hotels appeared first on Smart Meetings.

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Tips for Negotiating Your Next Big Event Contract

Smart Meetings

State of the Market Based on the current state of the market, Payne has seen a shift occur due to the events that transpired during Covid-19. Read More : Gen Z Meeting Planners Navigate Post-Covid Job Market “It’s going to be difficult to contract with hotels or destinations that you want to be in for the foreseeable future.

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How Planners Can Manage The “Easy Button” in Events

Smart Meetings

Read more: Helpful Budget Tips for Event Planners in a Post-Covid World Working with Third-Party Agencies Many third parties provide sourcing only, meaning they will find the destination, and other will assist in sourcing as well as contract negotiations. Compression of the market is huge.

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All-Inclusive Incentives: Stormy Waters or Smooth Sailing?

Smart Meetings

The positive evolution of all-inclusive properties Many luxury properties have caught on to the market demand for all-inclusive options. Properties have realized this is a great market for them will work with you on how you package your food and beverage. “It’s F&B programs used to be very rigid.

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Getting More Value from Conference Keynote Speakers

Velvet Chainsaw

More quality options result in a buyer’s market…now and in the years ahead. 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. What to Look For.

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10 Cost Saving Tips for Planners

Smart Meetings

Most properties will negotiate for a lower price if they can lock in the business for two or three years. Food and Beverage. Modify your menus: It’s sad but true that food is often wasted at meetings. After all, their purpose is to market their respective destination to its visitors. Contracting.