article thumbnail

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. 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.

Contracts 398
article thumbnail

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. I went through the dot-com crisis, 9/11 and the financial crisis in 2008, which impacted us significantly in 2009. We had a strong year in 2008, and in January 2009, we began getting cancellations one after another.

2008 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Death of Disparate Event Management Software for Event Planners

Eventmobi

In 2009, having a website that could register attendees was really all you needed from your event management software. Less negotiating power. When buying separate tools, you can’t negotiate on price or feature bundling to save more. And if you are signing up for a basic event app, remember that you get what you pay for.

article thumbnail

Death of Disparate Event Management Software for Event Planners

Eventmobi

In 2009, having a website that could register attendees was really all you needed from your event management software. Less negotiating power. When buying separate tools, you can’t negotiate on price or feature bundling to save more. And if you are signing up for a basic event app, remember that you get what you pay for.

article thumbnail

How to Save Money on Event Rentals with These 6 Steps

Social Tables

Here are some tips I have learned along the way that can help you get what you need without sacrificing your relationship with the party you are negotiating with. To help you with your own process, I have formatted my tips in a form of the questions that you should ask yourself before negotiating your next rental contract.

article thumbnail

Valencia submits €170m bid to host Web Summit

Event Industry News

A Web Summit spokesman said negotiations are ongoing. The Irish-founded tech conference started in Ireland in 2009 with fewer than 400 attendees. Approximately €17 million per year has been offered as part of an overall package that also covers venue costs and other items.

2009 49
article thumbnail

The best pharma event management companies in 2023

SpotMe Blog

They can often negotiate better deals and availability. Here are 3 benefits of working with a professional pharma event management company: Access to resources Pharma event management companies have established relationships with top venues, caterers, A/V companies, and other vendors. Get our comprehensive list of event production companies.