Remove 2019 Remove Contracts Remove Hotels Remove Negotiating
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 171
article thumbnail

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

MeetingsNet

The result: Less negotiability for meetings. 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.

Hotels 72
Insiders

Sign Up for our Newsletter

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

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. Foster, Esq.,

article thumbnail

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.

article thumbnail

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.

Meetings 120
article thumbnail

Meeting Planners Unite Sets 2019 Agenda

Smart Meetings

MPU’s leadership is also focused on negotiating for new sources of revenue for planners. Bruce reported that four audiovisual companies have agreed to offer rebates to planners when they contract for alternatives to the hotel AV team. He is negotiating with transportation companies, as well. Recognizing Impact.

2019 70
article thumbnail

Incentive Travel is Changing; Here’s What You Need to Know

Smart Meetings

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. Hotels cost more , air travel is limited and more expensive and inflation has made travel in general more costly.

Travel 97