Velvet Chainsaw

APRIL 13, 2020

The previous low for occupancy was during the financial crisis in 2009 when occupancy was 55 percent. However, from past experience, any time that there has been a shift from a seller’s to a buyer’s market, those contracts signed during a seller’s market just flat out had to be updated. Remove Barriers.

Contracts 398

Contracts 2009 Hotels 2020 398

Smart Meetings

OCTOBER 18, 2022

Now, the question is how to build contracts moving forward. Phoenix-based hotel attorney Lisa Devlin sat down for some rapid-fire questions about what is and isn’t working today and offered her prescription for a win-win solution to trading contract clauses. Read More : A Breakdown of Post-Pandemic Contract Clauses.

Hotels 98

Hotels Negotiating Contracts Financial 98

SmartMeetings

APRIL 3, 2020

Meetings in the financial and insurance sector require outside-the-box thinking. The economy was humming along before the coronavirus hit, but even then the majority of meeting planners in the financial and insurance industries were keeping their budgets in neutral. Financial and insurance meetings in the U.S.

Financial 74

Financial Insurance Meetings Food and Beverage 74

Eventtia

NOVEMBER 10, 2023

Event marketing and promotion tools help organizers promote their events through email campaigns, social media integration, and analytics. Each model has its own advantages and trade-offs, so selecting the one that aligns best with your objectives and financial resources is essential for successful event planning.

Event Management 117

Event Management Management Negotiating Financial 117

PCMA Convene

APRIL 25, 2024

Like many associations, SMFM signs contracts with its host destinations years in advance. Gerard, CMP, chief program officer, meetings, membership, and marketing at SMFM. That clause allowed SMFM to exit a contract up to two years prior to the meeting date if the state passed a law banning abortion pre-viability. Gerard said.

Meetings 119

Meetings 2024 Contracts Healthcare 119

Eventtia

NOVEMBER 10, 2023

Event marketing and promotion tools help organizers promote their events through email campaigns, social media integration, and analytics. Each model has its own advantages and trade-offs, so selecting the one that aligns best with your objectives and financial resources is essential for successful event planning.

Event Management 96

Event Management Management Negotiating Financial 96

Eventtia

OCTOBER 20, 2023

It serves as a financial roadmap, providing a clear view of all expenses and revenues associated with the event. By creating an effective event budget plan, organizers can exercise financial control and achieve maximum returns on their investments. Quick note: This guide works for free-to-participate events.

Financial 117

Financial Negotiating Entertainment Retail 117

SmartMeetings

JANUARY 2, 2018

hotel market collected an estimated $2.7 I have heard of planners negotiating out this fee,” says Lauren Wolfe, a lawyer who publishes the website killresortfees.com. Even if a hotel has no resort or urban fees currently, I would put it in writing in the contract, so that there is no potential issue in the future.

Negotiating 56

Negotiating Hotels Food and Beverage Contracts 56

Attendease

FEBRUARY 20, 2024

It’s crucial to monitor expenses closely and adhere to the budget to ensure financial stability. Make sure you have signed contracts in place at least three months out. For internal stakeholders: Create a core event committee with reps from legal, marketing, facilities, IT, etc.

Corporate Events 195

Corporate Events Food and Beverage Social Media Event Management 195

Smart Meetings

NOVEMBER 15, 2023

Financial & Insurance Conference Professionals (FICP) brought 700 thought leaders together at JW Marriott Marco Island Beach Resort in Florida to prepare meeting professionals for whatever comes next with a call to reflect, discover and recharge.

2023 105

2023 Negotiating Insurance Financial 105

Smart Meetings

NOVEMBER 15, 2022

Koleen Roach, director of meetings and conference management at Securian Financial Group, led a panel of veteran explainers during Financial and Insurance Conference Professional ’s 2022 Annual Conference at Omni Boston Hotel at the Seaport. Once the contract has been signed, the tough talk doesn’t stop. By the Numbers.

Financial 98

Financial Insurance Contracts Medical Meetings 98

ePly

APRIL 2, 2024

Financial savvy: From vendors to decorations to marketing, events can become very pricey affairs. No matter which sector you choose, though, there are some skills that are non-negotiable. For example, offering long-term work to a vendor may mean that you can negotiate lower prices for all contracts.

Negotiating 62

Negotiating Financial Event Planning Events 62

SmartMeetings

JUNE 16, 2020

In the fifth of FICP’s new virtual education series, Financial & Insurance Professionals (FICP) Chats, more than 200 participants explored how to book group business for future meetings, including immediate adjustments for events, and how those were not being written into RFPs for the long-term. Uncertainty Persists in the Short Term.

Meetings 105

Meetings Contracts Insurance 2025 105

Event Planning BluePrint

MARCH 25, 2024

An event planner must be adept at understanding client visions, negotiating with vendors, managing staff, and engaging with guests. Strategic planning ensures that every decision, from theme selection to vendor contracts, contributes to the overarching objectives of the event. Thus, strong interpersonal skills are vital.

Event Planning 62

Event Planning Financial Negotiating Education 62

Eventmobi

JANUARY 24, 2019

To begin building your budget, it’s best to determine what financial success means for your event and how you want to measure it. Let’s take a look first at how you can determine what financial success means for your meeting or event before talking in more detail about cash flow. Gifts in kind (actual fair market financial value).

Food and Beverage 199

Food and Beverage Meetings Financial Advertising 199

GEVME

AUGUST 13, 2019

No matter your experience in the event industry, searching for event marketing partnerships is still a necessary task. . A creative event partnership ca n provide financial stability and future prospects for your event. Financial problems and equity issues. Disadvantageous event partnership contract, terms, and other issues.

Contracts 136

Contracts Financial Social Media Marketing 136

Social Tables

AUGUST 10, 2023

It’s also important for prospective event planners to understand that while the field can be financially rewarding, it can also be demanding and stressful. They are often employed by the company itself, or by an external planning organization that contracts with their clients. Learn how to negotiate contracts.

Trade Shows 78

Trade Shows Insurance Corporate Events Negotiating 78

Event Planning BluePrint

JUNE 1, 2016

Question: Have you ever run up against a client who suddenly stopped paying for your event services, which left you wondered what to include in your event legal contracts to protect you and your event business? Your Event Legal Contracts. At what point do you sue over breach of contract? (16:29). Geneen via @eventblueprint.

Contracts 90

Contracts Events Event Planning Insurance 90

Eventtia

OCTOBER 10, 2023

For instance, if you’re following the model of Campari Group, tools for managing budgets or other financial considerations become paramount. Also, it will help you identify your event’s requirements and the non-negotiable capabilities for its success. Browse through the event management or online registration software categories.

Negotiating 118

Negotiating Retail Financial Management 118

Stova

MARCH 17, 2023

The Event Planner's Guide to Venue Sourcing and the RFP Process This guide examines a shift event professionals are experiencing in negotiation power with venues. For the first time in decades, event professionals are in command of the venue negotiation and selection process. The sharing economy is giving power back to the user.

Venues 40

Venues Negotiating Food and Beverage 2023 40

MeetingsNet

JANUARY 26, 2018

Not only are we in a seller’s market, but planners will also face tighter budgets, higher meeting costs, and less bandwidth. Take these incentives as a sign that you now have the upper hand in negotiations, a rare reprieve in today’s climate where suppliers typically hold all the leverage. . Give second-tier markets a second look.

Marketing 70

Marketing Food and Beverage Hotels 2019 70

Eventscase Blog

NOVEMBER 9, 2022

The contract renewals we have closed in recent weeks are a testament of our clients’ trust in our team. Last but not least, we are most grateful to have received financial backing from our investors once again! We will close this series of quarterly events for the English-speaking market on November 23rd at 11 a.m. (UK

2022 52

2022 Negotiating Social Media Tech 52

Event Industry News

APRIL 17, 2019

Event Integrity is launching their Beta marketplace with a lead opportunity program and community in the Colorado market. The global event industry, not including weddings, has a market size of over $1.5 Topics have ranged from “Contracts and Negotiations” to “Making Sense of Marketing Data.”

Education 98

Education Negotiating Contracts Financial 98

PCMA Convene

MARCH 6, 2019

In the 28th Annual Meetings Market Survey, respondents listed rising food and beverage costs as a major challenge. As part of the 28th Annual Meetings Market Survey, we asked respondents a handful of open-ended questions, including: “What is the biggest challenge facing the meetings industry today?” Hotel negotiations.

Food and Beverage 91

Food and Beverage Meetings Negotiating Hotels 91

Endless Events

APRIL 27, 2023

In-kind sponsorships are relationships where a business sponsors an event by providing free goods or services rather than a financial contribution. By the time they came to me, the contract was signed, and I was just fulfilling it.” This is a marketing endeavor. But I’m a marketer. It’s all about negotiation.

Sponsorships 71

Sponsorships Negotiating Food and Beverage Events 71

Event Industry News

MARCH 25, 2020

Clients are drawn from a variety of different fields including: Accountancy Advertising Charities Financial Services FTSE 100 companies Insurance The Legal Profession IT Trade Associations Local & National Government Management Consultancy PR and Marketing TV & Radio Production. How do we work?

Negotiating 53

Negotiating Advertising Consulting Insurance 53

Eventtia

OCTOBER 20, 2022

Determine your must-have needs from a venue before negotiating and committing to a venue. Dates Attendees Location/venue Target audience Unique Value Proposition (UVP) Marketing plan Event agenda (schedule) Revenue model Team roles and responsibilities Develop an event budget. Develop an event master plan. Launch event registration.

Event Planning 62

Event Planning Sponsorships Food and Beverage Insurance 62

EventBank Insights

JANUARY 22, 2019

Gather Your Speaker Bios, Headshots, social media accounts, etc This will be used on marketing materials to help give credibility to the content providers of your event. ? Event for free events, ticketing is important for collecting attendee contact info for later marketing use. ? Select an ideal venue and negotiate details ?

Event Planning 74

Event Planning 2019 Negotiating Social Media 74

Planning Pod

AUGUST 24, 2019

Summary: Learn how to market events of all kinds, from market research, branding and pricing to event websites , content marketing, social media and post-event followup. What is event marketing? Identifying the proper target market (i.e., Implementing marketing tactics (email, social media, PR, etc.)

Event Marketing 131

Event Marketing Marketing Social Media Speakers 131

PCMA Convene

MARCH 1, 2018

While at first look, this may appear to Marriott as a profitable decision on their part, I suspect this decision may not yield the financial gains they anticipated. By doing so, they’ve reduced the need for large sales forces at the hotel companies and have generally elevated the booking/contracting process for clients.

Site Selections 67

Site Selections Food and Beverage Contracts Negotiating 67

PCMA Convene

FEBRUARY 20, 2023

Are we tailoring or segmenting our marketing messages to these various groups? Knowing your group’s economic impact and rebuilding your event’s history can be beneficial in sourcing — and negotiating in — your next host destination. What are the key motivators for each group?

Tourism 98

Tourism Hotels 2022 Healthcare 98

SmartMeetings

JULY 8, 2020

The financial crisis, terrorist attacks and SARS (Severe Acute Respiratory Syndrome) all caused panic, and each was described, with some justification, as unprecedented. There are many ways to send that message, but it will need to be tailored to post-COVID-19 budgets, markets and sensitivities,” he says. But we recovered.

Travel 116

Travel Contracts Hotels Transportation 116

Event Leadership Institute

AUGUST 5, 2019

Expect higher insurance requirements, a lengthier contract, and more rules and regulations than at a typical hotel. In addition, you may need to get the museum’s approval any time you use their name or logo in any of your marketing, invitations, collateral, etc. Negotiating With Venues. Course Domains: D: Financial Management.

Food and Beverage 55

Food and Beverage Insurance Contracts Negotiating 55

PCMA Convene

MARCH 6, 2019

That was the — tongue-in-cheek, we hope — response from one participant in Convene’ s 28th Annual Meetings Market Survey to the question, “What is your No. Client politics, controlling costs for space and services, and contract negotiations were top of mind for some respondents, as was finding diverse speakers. Contracting. (3

Contracts 69

Contracts Hotels Food and Beverage Negotiating 69

PCMA Convene

MARCH 14, 2018

Each year, along with the numbers we collect for the annual Meetings Market Survey , we ask respondents open-ended questions, including this one: What’s the biggest challenge facing the meetings industry?”. A lot of associations rely on events as an income stream and their viability is affected by the increase of events in the market.

Negotiating 86

Negotiating 2010 Travel Healthcare 86

Stova

MARCH 17, 2023

We met with three executives in the financial, higher ed, and technology industries to understand how they optimized events and made crucial decisions that drove their business forward. Staff Compensation To avoid financial difficulties that may arise due to a poorly budgeted event, also include staff compensation in your event plan template.

2023 40

2023 Food and Beverage Social Media Negotiating 40

Event Leadership Institute

APRIL 10, 2020

Bear markets and recessions don’t advertise their demise; we emerge from them gradually while no one’s looking. Even when the current lockdowns start to lift, organizations will be far more gun-shy in committing to venue contracts for future events, out of fear of a second wave of the virus causing another cancellation.

Financial 116

Financial Trade Shows Food and Beverage 2001 116