article thumbnail

3 Event Contract Trends in 2022

EventMB

If you thought event contracts were tricky before the pandemic, buckle up for even more complications. In 2020, executing the force majeure clause in a contract was fairly straightforward. Performing the activities stipulated in the contract had been made impracticable. A lot of contracts don’t specify that.

Contracts 177
article thumbnail

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

MeetingsNet

From the wide view, the hotel industry should expect only a modest rise in demand (1.8 But from a narrower perspective—namely, looking at the hotels that accommodate the most business events—both demand growth and room-rate growth might well surpass those estimates. The result: Less negotiability for meetings.

Hotels 72
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

[Webinar] Hotel Contract Clauses Planners Should Be Using but Probably Aren’t

MeetingsNet

Webinar live date: February 26, 2019 at 2pm ET / 11am PT. Webinar live date: February 26, 2019 at 2pm ET / 11am PT. Whether you’re a novice or an old pro, this webinar will help you keep up with changes in hotel contracts. This program has been submitted to the Events Industry Council for CMP Preferred Provider review.

article thumbnail

NuBreed Hotels

Event Industry News

NuBreed Hotels is a rapidly growing events focused global accommodation provider. EventBeds by NuBreed Hotels is their own proprietary technology they’ve created specifically for the events industry giving attendees access to discounted and convenient accommodation close to events. Commission is shared on all bookings.

Hotels 59
article thumbnail

Meeting-Budget Woes, by the Numbers

MeetingsNet

Maritz Global Events released its Industry Trends Report at IMEX America with some eye-popping data on the rising cost of hotels, airfares, F&B, and other event-budget elements. In addition to rising costs and shifting hotel patterns, Maritz’s Industry Trends Report covered the rise of generative A.I., Read the full report here.

Meetings 109
article thumbnail

[Webinar] Negotiating International Meeting Contracts: Are You Prepared?

MeetingsNet

Webinar live date: June 13, 2019 at 2pm ET / 11am PT. Webinar live date: June 13, 2019 at 2pm ET / 11am PT. There are unfamiliar challenges when negotiating and contracting with foreign hotels, convention centers, and other vendors; different cultures to understand; and potential risks to be explored. Speaker: John S.

article thumbnail

Meeting Planners Unite Sets 2019 Agenda

Smart Meetings

Bruce reported that four audiovisual companies have agreed to offer rebates to planners when they contract for alternatives to the hotel AV team. Meanwhile, several hotel companies—including Loews Hotels and Fashion Island Hotel Newport Beach —have increased commissions, even if only on certain properties and for a limited time.

2019 89