Remove 2019 Remove Food and Beverage Remove Meetings Remove Transportation
article thumbnail

Skyrocketing Costs Squeeze Event Budgets

Velvet Chainsaw

Credit: iStock Event organizers are feeling the pinch as industry suppliers, venues and transportation companies rebound from the pandemic. Following are considerations gathered from industry media, meetings market surveys and anecdotal reports from Velvet Chainsaw Consulting clients. in group hotel rates, with a 7.8%

2023 222
article thumbnail

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? We can’t explain that disconnect.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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.

article thumbnail

8 Event Budget Adjustments Needed to Host Safe Events in 2021

Event Farm

We looked at the cost differential between today and 2019 when the actual summit took place to get a sense of the expense increases you can expect when planning your events. Ryan and Marcella project a 25% increase in food and beverage costs due to not having buffets or family-style service.

2021 317
article thumbnail

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.

article thumbnail

Wedding Planners Celebrate an Anniversary in High Style

MeetingsNet

Over the course of three days in April 2019, the T&G expo relied on the flexibility and resourcefulness of the Sands Conventions and Exhibitions team to manage a variety of requests and adjustments involving capacity, floor layout, event arrangement, audiovisual needs, and lighting. million square feet of meeting space.

article thumbnail

Making the Case for DMCs

PCMA Convene

The role of destination management companies (DMCs) is evolving, but, as a DMC executive argues in a recent white paper, they still can be an essential piece of the puzzle for many meetings and events. Reserving accommodation, organising transport, booking restaurants, or finding event ideas are just a click away. Ethical Food.