2019 Contracts Financial Negotiating 
Velvet Chainsaw
MARCH 15, 2023
Unless you plan events for a booming industry, your reality working for professional and trade associations is that revenue from your 2022 and 2023 meetings is 15 percent (or more) lower than 2019. Planners are charged with making the problem go away but have little to no negotiating power. Tough times require creative thinking.
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.
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PCMA Convene
APRIL 25, 2024
Like many associations, SMFM signs contracts with its host destinations years in advance. In 2019, they began including a frustration of purpose clause when “we started seeing these really egregious state laws,” said Nneka St. The financial penalty for canceling was steep — almost half a million dollars. Gerard said.
Smart Meetings
DECEMBER 23, 2021
What contracts need to include and how to negotiate those from third parties. Business events and hotel group room bookings are nearly half of what they were in 2019. As a result, travel planners are shifting the focus to their budgets and contracts with third parties. Costs are changing and budgets must follow suit.
Smart Meetings
DECEMBER 23, 2021
What contracts need to include and how to negotiate those from third parties. Business events and hotel group room bookings are nearly half of what they were in 2019. As a result, travel planners are shifting the focus to their budgets and contracts with third parties. Costs are changing and budgets must follow suit.
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.
EventBank Insights
JANUARY 22, 2019
Make sure it's all legal Drafting a contract for a short, temporary event is important to cover your bases should anything go wrong and you're not held liable for a third part (speaker's) actions or comments at the event. ? Financial status: gather all receipts, documentation, final registration data, etc. and update budget ?
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