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Renegotiating Live Event Agreements When All Parties Are Innocent Victims

Velvet Chainsaw

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. From Recovery to Reform. Remove Barriers.

Contracts 398
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Warrington Wolves sign security contract with Showsec

Event Industry News

Showsec has signed a new two-year contract with Warrington Wolves to provide security services for all upcoming home games. The crowd management and event security company has already worked at The Halliwell Jones Stadium since 2009, and has been the Wolves’ primary security supplier for much of that time.

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COVID 19 Business Impact Study – Global Perspective

Event Industry News

It takes account of the COVID-19 environment and global economic contraction predicted by the International Monetary Fund and the Organisation for Economic Cooperation and Development over the rest of the year. The research involved 675 survey respondents from 59 countries. This includes redundancies and business closures.

2009 90
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What’s the Economic Impact of the Meetings Industry?

PCMA Convene

These are among the takeaways of “The Economic Significance of Meetings to the US Economy” report, which updates the 2009 report by the same name, from Oxford Economics, the Events Industry Council, and the Meetings Mean Business Coalition, released in February. The industry’s economic value has grown by 23 percent,” Sacks said. “If

2009 93
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Now is the time to rethink and restart the events industry: Interview with Angeles Moreno, Managing Partner at the Creative Dots

The MICE

It was a big contract, which took six months of negotiations to come to an agreement. Before having my new company, I already had a one-year contract signed for our first project for a hotel company. I went through the dot-com crisis, 9/11 and the financial crisis in 2008, which impacted us significantly in 2009.

2008 98
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Convene Investment Targets Small Meetings

SmartMeetings

Bizly was launched three years ago to offer an end-to-end solution for sourcing, contracting, payments and full-service personal support, and to provide a platform every employee can use to book events. We look forward to developing innovative solutions together through our new partnership,” said Ryan Simonetti, co-founder and CEO of Convene.

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Recession-Proofing Your Job: Do You Know Your VORP?

Event Leadership Institute

The last recession ended in July 2009, well over ten years ago. While technically defined as two consecutive quarters of negative GDP growth, a recession is more felt as the general malaise of a contracting economy: declines in business revenue and profit, decreases in spending, and pressure to cut costs and eliminate jobs.