Remove 2020 Remove Conference Remove Food and Beverage Remove Negotiating
article thumbnail

Here’s Why Your Event Budget Needs to Increase in 2023

Endless Events

Of course, our event marketing budgets will need to be higher in 2023 than in 2021 or 2020. We’re predicting that in 2023, we’ll see more corporate events, conferences, and exhibitions than in the last three years. . Higher Food and Beverage Costs. This will ensure you have enough time for price negotiations.

2023 122
article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Event Planner’s Guide to Venue Sourcing and the RFP Process 2023

Stova

The Event Planner's Guide to Venue Sourcing and the RFP Process This guide examines a shift event professionals are experiencing in negotiation power with venues. For the first time in decades, event professionals are in command of the venue negotiation and selection process. The sharing economy is giving power back to the user.

Venues 40
article thumbnail

Aventri & VenueBook team up to deliver direct booking in meetings & events space

Event Industry News

The Aventri/VenueBook partnership aims to create the first, all-in-one sourcing, negotiating and booking platform for group space. The comprehensive solution will enable planners to manage the entire procurement process – from sourcing and negotiating to contracting, paying and reporting – through a single, secure platform. markets.

article thumbnail

How to Plan Your First Hybrid Event in 2022

Eventtia

While hybrid events have been relatively popular in the past half-decade or so, it’s no secret that the COVID-19 global pandemic has further accelerated its popularity throughout 2020 and 2022. Type of event: will this be a single-day conference? In essence, they are physical and virtual. Why Should You Host a Hybrid Event?

2022 62
article thumbnail

When and How Will the Events Industry Get Out of This? 3 Phases to Watch For

Event Leadership Institute

Meanwhile, many venues who’ve been financially gutted these past months will still need to lock in guaranteed revenue to reserve dates and room blocks, resulting in a protracted contract negotiation process over cancellation and force majeure clauses. You’ve seen the press conferences with staggered seating. Length: 6 Weeks Online.

Financial 116