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Whether on the world stage or within our own industry, negotiations are everywhereand their outcomes matter more than ever. In a time marked by geopolitical tension, fragile supply chains, and economic uncertainty, the ability to negotiate effectively isnt just a business skillits a survival tool.
Negotiation coach Alex Carter will lead two PCMA Business School sessions during Convening Leaders 2025, on Jan. Negotiation coach Alex Carter starts off her April 2024 TEDx talk, “How to Ask for More — and Get It,” by saying the most important things she knows about negotiation she learned in a kayak.
Your attendee travelers are eager to hit the road, but thanks in part to economic challenges like inflation, companies are cutting back on T&E. Those able to travel freely are combining remote work with longer leisure trips. Corporate travel policies may start including air emissions tracking.
4 Group Travel Average Daily Rates (ADR) Outpace Inflation August 2024 year-to-date figures show that group ADR is outpacing inflation much more significantly than transient or leisure travel, showing the strong price control hotels currently hold due to high demand for event-driven stays.
No question, negotiating contracts is going to get more complicated as the industry rebounds. Others, particularly those whose members are dealing with travel bans, or have large global audiences, are more likely to be in the camp that the soonest they can meet face-to-face is 2022. Member Considerations and Communications.
Birds of a feather gathered at dedicated meetups, including a mixer presented by EMS and the Experiential Designer and Producers Association, and a contest for sneakerheads that had attendees traveling down the catwalk to show off their best kicks.
With a large number of attendees coming from Asia, the West Coast location provided an unmatched ease of travel, and its proximity to Seattle made it even easier, being less than a 30-minute drive from Seattle and SEA-TAC Airport. We’ll work with the local contact and find out what’s important to them as far as their revenue.”
The Best of the Best: Negotiating Prices: How to Win at Negotiating AV Prices for Events. Believe it or not, we actually made an entire webinar all about how to negotiate AV prices. One day could be an office day full of planning and logistics, but the next day could be full of site visits or even international travel.
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. We’ve traveled, we’ve seen what hotels are coming up, we’ve connected with the CVBs.
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.
Negotiating with vendors and adhering to their policies 5. 5 Ways to Streamline Corporate Event Planning Corporate event planners have a lot on their plates—from negotiating with venues and vendors to designing memorable experiences that “wow” attendees. Finding and booking an appropriate event venue 2.
Related: Q&A: San Francisco Travel Association Discusses Event Safety and Business Four Issues to Consider When Negotiating Event Contracts Amid COVID-19 The post News: Force Majeure Clauses and a Financial Firm’s Lawsuit Victory appeared first on Event Marketer.
The travel management company CWT just added car rental and train booking to their app and website to give travelers more independence in making their reservations at a time when travel costs are reaching historic highs. . CWT already had travel counselors available 24/7 to help travelers with car and train bookings.
Unexpected cancellations, attendance fluctuations, and travel restrictions have made rigid contracts a dealbreaker. Reliable internet, A/V capabilities, and streaming options are non-negotiable.
Pam Kressley and Lori Cassidy, co-founders of the new individual travel incentive company Gift a Trip , recently arranged a buyout of a space capsule as part of a three-day immersive experience for the winners of a Texas Lottery. Cassidy stressed that the programs they offer are not meant to take the place of organized incentive travel.
Read More : Flight Cancellations by the Thousands—Does Your Travel Insurance Cover the Cost? Again, this can be addressed either initially in the contract, or by negotiating additional addendums or riders to the contract after the fact. laundry list of specific events vs. broad catch-all language).
A 7-Step Process A true process will go beyond RFP sourcing and site selection, contracting and negotiations. An organization that undervalues the importance of procurement often pays for it in numerous ways—financial and legal.
A town-hall meeting at the conference identified other resources MPU could help secure, including limited liability insurance and streamlining IATA, CLIA and other travel agent certifications. MPU’s leadership is also focused on negotiating for new sources of revenue for planners. Augmented Income Streams.
Read More: Fee for Al, the War on Hidden Travel Charges The rising price of F&B may also have a significant impact on your budget. Building off existing relationships can be helpful in negotiating costs. Also, negotiate gracefully. I want these this many ballrooms and this’, and you’re still seeing the room rental.”
Heres how to negotiate them down. Skift Take: Hotel fees buried deep in your contract or on your hotels web site can add 30-40% to the cost of your meeting. Barbara Scofidio Read the Complete Story On Skift Meetings
With a large number of attendees coming from Asia, the West Coast location provided an unmatched ease of travel, and its proximity to Seattle made it even easier, being less than a 30-minute drive from Seattle and SEA-TAC Airport. We’ll work with the local contact and find out what’s important to them as far as their revenue.”
Cvent , a market-leading meetings, events, travel and hospitality technology provider, published the latest instalment of the Cvent Travel Managers Report: Europe Edition , which provides in-depth insights into current corporate travel trends and activity. Travel managers also source for meetings and events. ·
Read More: 3 Rewarding Trends in Incentive Travel The upside of holding WEC in Mexico for the first time was that it accommodated the association’s fastest-growing audience, Latin American meeting professionals, which has had 60% growth over the last four years. Louis in 2025 in the expanded convention center campus.
Instead negotiate everything at once with the clauses that fit your needs rather than using general, boilerplate language that could just end up in litigation.” Read More : Weaponization of Travel: Navigating Cultural Obstacle Courses Lowest Rate: Every contract is a futures agreement. Start with your must-haves upfront,” she said.
With a large number of attendees coming from Asia, the West Coast location provided an unmatched ease of travel, and its proximity to Seattle made it even easier, being less than a 30-minute drive from Seattle and SEA-TAC Airport. We’ll work with the local contact and find out what’s important to them as far as their revenue.”
With a large number of attendees coming from Asia, the West Coast location provided an unmatched ease of travel, and its proximity to Seattle made it even easier, being less than a 30-minute drive from Seattle and SEA-TAC Airport. We’ll work with the local contact and find out what’s important to them as far as their revenue.”
Showing recognition for employees’ achievements by awarding travel experiences may be an old trick but it’s also one that’s not going away any time soon. Still, before breathing a sigh of relief, you should understand that the demands and tastes of corporate staff change, which leads to the evolution of new incentive travel programs.
As in, incentive travel to somewhere far from the office (and even the home office!). Group incentive travel is one of the few benefits with almost universal appeal. In the 2022 Incentive Research Foundation Report (IRF), “the percentage that found group incentive travel to be ‘extremely’ or ‘very motivating’ increased to 91%.”
Transparency is an asset when negotiating with vendors Incentive packages have greatly improved over the years in both quality and customization. Using transparency in your negotiation process isn’t just appropriate, it is often expected, as many vendors offer a surprising amount of flexibility.
Italy does not have a lot of large hotels so if your program requires a peak of more than 100 rooms on a five-star category I suggest anticipating as much as you can the hotel sourcing and contracting, especially if you travel on shoulder and peak seasons. Read More : A Manifesto for Good Travel and Tourism 3.
With a large number of attendees coming from Asia, the West Coast location provided an unmatched ease of travel, and its proximity to Seattle made it even easier, being less than a 30-minute drive from Seattle and SEA-TAC Airport. We’ll work with the local contact and find out what’s important to them as far as their revenue.”
With a large number of attendees coming from Asia, the West Coast location provided an unmatched ease of travel, and its proximity to Seattle made it even easier, being less than a 30-minute drive from Seattle and SEA-TAC Airport. We’ll work with the local contact and find out what’s important to them as far as their revenue.”
With a large number of attendees coming from Asia, the West Coast location provided an unmatched ease of travel, and its proximity to Seattle made it even easier, being less than a 30-minute drive from Seattle and SEA-TAC Airport. We’ll work with the local contact and find out what’s important to them as far as their revenue.”
With a large number of attendees coming from Asia, the West Coast location provided an unmatched ease of travel, and its proximity to Seattle made it even easier, being less than a 30-minute drive from Seattle and SEA-TAC Airport. We’ll work with the local contact and find out what’s important to them as far as their revenue.”
The Secret to Getting What You Really Want” and “Stop Complainers & Energy Drainers: How to Positively Negotiate Work Drama to Get More Done”. ASK them how they have negotiated these tough times. Many of us are treading water during Covid, waiting for meetings, events and travel to return in full force. Be a Smart Ask.
With a large number of attendees coming from Asia, the West Coast location provided an unmatched ease of travel, and its proximity to Seattle made it even easier, being less than a 30-minute drive from Seattle and SEA-TAC Airport. We’ll work with the local contact and find out what’s important to them as far as their revenue.”
With a large number of attendees coming from Asia, the West Coast location provided an unmatched ease of travel, and its proximity to Seattle made it even easier, being less than a 30-minute drive from Seattle and SEA-TAC Airport. We’ll work with the local contact and find out what’s important to them as far as their revenue.”
Tyra Warner, assistant professor and department chair of Hospitality and Tourism Management at College of Coastal Georgia, has seen hotel negotiations from every angle. Since Covid, hotels have been negotiating hard, and that will probably continue, she begins, then moves straight to what contract negotiators can do to manage that reality.
Alongside him was Jason Cardy, the event director at Capita Travel and Events. Universal Live is a technical event production company while Capita Travel and Events is a travel management company. Listen to the podcast to learn how Capita Travel and Events and Universal Live approach clients’ pitches, budgets and negotiations.
In the first 90 days of resumed business travel, intimate gatherings are going to recover more quickly than mass gatherings. Monitor and learn from what the travel or cruise line industries are doing to regain consumer confidence. Do the Right Thing. Remove barriers and accept more risks.
Whether you’re paying to travel and attend, or you’re attending from your home office for free, either way, we’re trying to drive that value for everybody. Ultimately, the experts agreed that attracting, and catering, to first-time attendees is non-negotiable.
With a large number of attendees coming from Asia, the West Coast location provided an unmatched ease of travel, and its proximity to Seattle made it even easier, being less than a 30-minute drive from Seattle and SEA-TAC Airport. We’ll work with the local contact and find out what’s important to them as far as their revenue.”
With a large number of attendees coming from Asia, the West Coast location provided an unmatched ease of travel, and its proximity to Seattle made it even easier, being less than a 30-minute drive from Seattle and SEA-TAC Airport. We’ll work with the local contact and find out what’s important to them as far as their revenue.”
This reduces travel, housing and F&B costs. Other factors to consider: In addition to survey feedback, mapping where attendees are located and researching flight options can help to narrow down a location almost everyone can reach with the fewest travel delays. Like most things in life, timing makes a difference.
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