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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.

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Managing Client Expectations in the Current Market

MeetingsNet

If you can’t get the hotel concessions your stakeholders are expecting, it’s in your best interest to educate them about the current landscape. Let’s face it, being on either side of the table in hotel-contract negotiations is tough these days. Here’s how one meeting professional does it. Right now is not that time.

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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. Conversely, business-group demand, which favors urban markets, is rebounding.” engaging Gen Z attendees, and other topics. Read the full report here.

Meetings 109
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Moving Your Meeting Amid Rising Reproductive Rights Concerns

PCMA Convene

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. Gerard, CMP, chief program officer, meetings, membership, and marketing at SMFM.

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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 70
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Smart Moves in Hawaii, Las Vegas and More

Smart Meetings

Julio Flores Julio Flores Flores joins the recently renovated Doubletree by Hilton Hotel Carson as general manager. Russell Stewart Russell Stewart The Westin Atlanta Gwinnett welcomes Stewart as director of sales and marketing. She began her career at Starwood Hotels & Resorts and eventually assumed the role of director of sales.

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Hitting the Mark with Your Event RFPs

MeetingsNet

A veteran planner discusses how she nudges hotels to act on her requests for proposal: She gives to get. Some organizations require more concessions, others want to be in a specific destination regardless of the cost, and still others are in a short-term booking situation that requires casting a wide net for offers in a compressed market.