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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. By negotiating F&B pricing upfront, planners can ensure a cost cap clause to avoid dramatic price hikes.

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Driving Change: How Inclusion and Accessibility Shape the Future of Events

Smart Meetings

28-30, Destinations International (DI) held its 2024 Social Inclusion Summit in Spokane, Washington, where they shared insights and resources around inclusion in the travel and tourism industry. Planners can take what they learn to pivot negotiation requests and strategize for enhancing ROI. trillion in global GDP annually.

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Renegotiating Live Event Agreements When All Parties Are Innocent Victims

Velvet Chainsaw

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. Occupancy for the year is expected to hit an all-time low of 43 percent.

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The Story Behind the 2024 Smart Women in Meetings Awards

Smart Meetings

She brought top experts to the conversation to share secrets for negotiating, feeling more confident and building a network. She connected these go-getters so they could lift each other up. And she treated them to the luxury of time to reflect and create intention.

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Lessons Learned from MPI WEC in Mexico

Smart Meetings

After some creative scheduling, Barcelo Maya Grand Resort stepped up to host in 2023, Louisville Tourism agreed to host what is expected to be a crowd of 2,500 at Kentucky International Convention Center a year early in 2024. Your contributions have created lasting memories and will continue to shape the future of our industry.

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Contract Clauses You Need in 2025

SmartMeetings

Tyra Warner, assistant professor and department chair of Hospitality and Tourism Management at College of Coastal Georgia, has seen hotel negotiations from every angle. Negotiating Chicken and Eggs Because prices continue to go up, Warner is not expecting a lot of flexibility in negotiating food and beverage prices.

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How to Host a Brava Meeting in Italy

Smart Meetings

The leisure and MICE market time windows have started overlapping more intensively in the past 12 months so the earlier the better. Read More : A Manifesto for Good Travel and Tourism 3. Call the Local DMC The second tip is related to the first.

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