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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. Transportation providers from airlines to shuttle bus providers to shared ride services and taxis are all raising fees. Travel costs are rising due to strong demand (led by the leisure sector).

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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. Mike May, president of Brightspot Incentives & Events, said he tells clients to expect increases of around 30 percent for airfares, 20 percent for guest rooms, and 10 percent for food and beverage.

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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.

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

Event Marketer

The Hilton on the Green white-glove treatment began with luxury car service to the tournament, where a personal golf cart and concierge were waiting to swiftly guide guests through standard entrance procedures and transport them, along with their luggage, to the green. The unique stay was capped off with breakfast delivered by room service.

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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. Exceptional Clients, Exceptional Experiences.

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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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Making the Case for DMCs

PCMA Convene

In the AIM Group International white paper titled “How to Create a Truly Unique Destination Experience and the Latest DMC Trends,” AIM’s Bob Novak looked at whether DMCs can keep adding value in the current market as well as what trends are emerging for 2019. Ethical Food. Does that mean that DMCs are no longer needed?