Remove Food and Beverage Remove Negotiating Remove Sustainability
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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.

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Event Planning Has Risen in the Ranks of Most Stressful Jobs

Velvet Chainsaw

This perfect storm significantly threatens the sustainability of associations and adds tremendous pressure to those who are organizing events to find ways to improve their financial performance. Event planners are experiencing sticker shock from rising costs for audiovisual, food and beverage, and other direct meeting expenses.

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From pain points to profit: A blueprint for event business improvement and growth

Planning Pod

Conversely, if you see an increase in costs, analyze your expenses to identify areas where you can cut back or negotiate better deals with suppliers. Operational efficiency is crucial for the long-term sustainability of your event or venue business. Negotiate better deals with your suppliers and vendors.

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Waste Not, Want Not: Donate Food After Your Event or Party

The Castle Group

However, nothing compares to food waste. Research from the Lime Venue portfolio shows that “the average event wastes between 15% and 20% of the food it produces.” There are multiple ways to reduce food waste when planning an event. Despite better estimating, food waste is still likely. What is food donation?

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Seeking Innovators, Experts, and Educators in Meeting Planning

MeetingsNet

Whether your meetings specialty is event design, contract negotiations, operations management, sustainability, risk management, virtual events, speaker trends, food & beverage, or something else entirely, our call for speakers is seeking fresh voices to educate and spark new ideas for meetings and conventions.

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Here’s Why Your Event Budget Needs to Increase in 2023

Endless Events

More events with more events mean more food, room blocks, entertainment, production equipment, and travel – and those all cost extra money. The silver lining is that the energy crisis can motivate our industry to start implementing sustainability in more significant, meaningful ways. Higher Food and Beverage Costs.

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Budget, Innovation and Engagement Ideas Were Centerstage at Global DMC Partners Annual

Smart Meetings

Negotiate with vendors and hotels for terms such as reduced management fees and service hours, things attendees can’t see and you might be able to handle internally. Sustainability and CSR Provide and promote water stations as an alternative to water bottles. DMC experts shared tips for containing costs without skimping on the program.