Remove 2019 Remove Food and Beverage Remove Meetings Remove Negotiating
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Event Planning Has Risen in the Ranks of Most Stressful Jobs

Velvet Chainsaw

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. Event planners are experiencing sticker shock from rising costs for audiovisual, food and beverage, and other direct meeting expenses.

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

MeetingsNet

The result: Less negotiability for meetings. Research conducted in Q4 2023 by hotel-industry analyst firm CoStar finds that the upper-upscale segment, which contains the bulk of meetings-focused properties, has done better recently than other segments. percent) and guest-room rate (3.0

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75+ Ideas to Cut Meeting Costs

MeetingsNet

How to stretch your event budget for food and beverage, event tech, ground transportation, and venues. The costs of holding a meeting or convention have skyrocketed, but most planners find their budgets just aren’t budging—at least, not enough. Need to Cut the Meeting Budget? Choice Cuts for Food and Beverage Savings.

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What Is the Meetings Industry’s No. 1 Challenge?

PCMA Convene

In the 28th Annual Meetings Market Survey, respondents listed rising food and beverage costs as a major challenge. As part of the 28th Annual Meetings Market Survey, we asked respondents a handful of open-ended questions, including: “What is the biggest challenge facing the meetings industry today?” Climate change.

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Budget Financial Meetings: Doing More with Less

SmartMeetings

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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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.

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A ‘Watershed Moment’ for Events — and the World

PCMA Convene

COP26 is shorthand for the 26th United Nations Climate Change Conference of the Parties, a summit which brought leaders from more than 130 nations together to negotiate a global plan to address climate change. It also was the site for negotiations. People said, ‘If we have to do this, we will — but we cannot negotiate.