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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. exhibitors are funding these higher expenses by sending fewer staff, opting for smaller booth space and/or decreasing their sponsorship investment. in group hotel rates, with a 7.8%

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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
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Targeting Golf Fans, Hilton Plants a Luxury Hotel Pop-up on the Green

Event Marketer

It’s the kind of strategic thinking that led Hilton to golf sponsorship, and more specifically, money-can’t-buy fan experiences that appeal to its core audience. To boot, they were given access to luxury food and beverage options on the course grounds. The unique stay was capped off with breakfast delivered by room service.

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Budget Financial Meetings: Doing More with Less

SmartMeetings

According to the Fall 2019 Pulse Survey, conducted by Financial and Insurance Conference Professionals (FICP), only one-third (33 percent) of planners planned to grow the size of their meetings in 2020, and just 14 percent planned to expand their incentive programs. Work with Partners—and Haggle. Keep F&B Simple.

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Trade Show Booths: 100 Best Ideas for 2022

EventMB

Why it works: the stands are lightweight and flat-packed, which helps the budget and makes them easy to transport. Food is a crowd pleaser, particularly for long exhibitions and trade shows. You needn’t sell cookware or food to use a booth like this. Two things that always draw a crowd: food and activity.