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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. “I think it goes to the wisdom of making sure you lock in food and beverage prices as early as you can, Warner offered. This helps to demonstrate consistent room block fulfillment and possibly negotiate better terms.

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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

Negotiate the Details Prepare for pushback on all fronts, Payne advised. “I Payne referred to the average hotel profit margins to help planners to help them better negotiate their contracts. The post Tips for Negotiating Your Next Big Event Contract appeared first on Smart Meetings. Get everything in writing.

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Two Tensions Keeping Senior Event Professionals Up at Night

Velvet Chainsaw

The big three include food & beverage, A/V + production and speakers/entertainment. In addition to negotiating and locking in pricing, some of the tactics to consider are: Decreasing the event length by a couple hours or half-day. Any cut-backs made in these categories can negatively impact your attendee value proposition.

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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: . Food and Beverage: How will the food be served and/or presented? What additional measures are being taken in the kitchen to ensure food safety? . Can we still have a buffet or food stations?

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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.

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Event Planning Has Risen in the Ranks of Most Stressful Jobs

Velvet Chainsaw

Event planners are experiencing sticker shock from rising costs for audiovisual, food and beverage, and other direct meeting expenses. Planners are charged with making the problem go away but have little to no negotiating power.