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Hotel Squeeze: Meetings-Focused Properties Expect Strong Demand in '24

MeetingsNet

In fact, group business ( see chart ) has recovered to the point that more group rooms were sold in October 2023 than in October 2019. However, it’s not just competition from other meeting groups that has planners in a tough spot as they negotiate contract terms for their 2024 events.

Hotels 72
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A "Craigslist" for Canceled Meetings?

MeetingsNet

An online reseller of contracted meeting elements launches a week ahead of its industry rollout at the IMEX show in Frankfurt. When meetings are canceled, the group that signed the contract is typically responsible to pay either a flat fee or a percentage of the revenue they were to bring to the contracted supplier. I doubt it."

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Budget Financial Meetings: Doing More with Less

SmartMeetings

According to the Fall 2019 Pulse Survey, conducted by Financial and Insurance Conference Professionals (FICP), only one-third (33 percent) of planners planned to grow the size of their meetings in 2020, and just 14 percent planned to expand their incentive programs. Be transparent and communicate with respect. Keep F&B Simple.

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How to Start an Event Venue Business: Two Experts Share 20 Secrets for Opening an Event Space

Planning Pod

Planning Pod’s all-in-one platform gives new event facilities 20+ easy-to-use tools to set up systems for managing booking calendars, sales, client communications, contracts, billing, payments and more. A full service kitchen ideally would be my preference because you get the freshest food,” Michael adds. “If Are you charging enough?

Venues 148