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Event Contract Negotiations in 2022 Are a Whole New Game

EventMB

Crafting the right attrition and cancellation clauses in event contracts is more important than ever. Contract experts share their advice on how best to negotiate in the current climate. Being a smart negotiator […].

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Contracts, Negotiations and Financials

SmartMeetings

A Breakdown of Post-Pandemic Contract Clauses. New Contract Essentials in an Ever-Changing Environment. Contracting in the current Covid climate is complex—everything feels unsettled, so it’s hard to know how to plan. Harness the Power of Negotiation for Post-Covid Success. Acing the Post-COVID Contract.

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3 Event Contract Trends in 2022

EventMB

If you thought event contracts were tricky before the pandemic, buckle up for even more complications. In 2020, executing the force majeure clause in a contract was fairly straightforward. Performing the activities stipulated in the contract had been made impracticable. A lot of contracts don’t specify that.

Contracts 174
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What Risk Factors Are Top of Mind for Association Event Organizers?

Velvet Chainsaw

Contract concerns. In an effort to reduce and manage risks, venues and planners are adopting new contract clauses. No question, negotiating contracts is going to get more complicated as the industry rebounds. What contract concerns are you running up against? Member Considerations and Communications.

Contracts 438
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New Contract Essentials in an Ever-Changing Environment

SmartMeetings

2022 contracting will require going back to basics. Contracting in the current Covid climate, however, is complex—everything feels unsettled, so it’s hard to know how to plan. Anyone who has written a contract in the COVID era has learned one thing—patience! How do we navigate this ever-changing environment?

Contracts 104
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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. Planners are charged with making the problem go away but have little to no negotiating power. Tough times require creative thinking.

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Pain Point Number 1: Rising Costs

MeetingsNet

A recent survey takes the pulse of meeting planners, asking about budgets, contracts, airfares, virtual meetings, and more. After rising costs, finding availability and service levels/quality were the next two biggest headaches for planners when the Q4 Meetings & Events Pulse Survey was conducted November 10 through December 16, 2022.