2023 Events Food and Beverage Negotiating 
Velvet Chainsaw
OCTOBER 26, 2023
The bad news is that full year performance for 2023 participation and revenues is expected to be 9.5% For most business event professionals, rebuilding attendance and overall revenue is priority one. Business event professionals are also challenged to deliver net income to the bottom-line. below 2019. One can only hope!)
Velvet Chainsaw
MARCH 15, 2023
According to a study by the World Scholarship Vault , event planner stress levels are hitting a new high — the third-most stressful job in the world for 2023. Annual conference budgets are usually finalized 12-plus months prior to the event. But things have changed. Can Vendors Be Part of the Solution?
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Endless Events
NOVEMBER 15, 2022
After a nearly two-year hiatus due to COVID-19, the events industry returned in all its glory this year. A war in Ukraine , an inflation surge, and supply chain issues will impact event budgets in 2023. . The Annual ICE Report estimates that event-related costs will increase by 83%. Higher Food and Beverage Costs.
SpotMe Blog
MAY 31, 2023
Hosting successful in-person events with thousands of attendees after almost 3 years of virtual-only can feel daunting. A staggering 78% of businesses using an event app attribute their positive event ROI to these digital tools. But how can you make the most of your event app to make a substantial profit?
MeetingsNet
JANUARY 5, 2024
The result: Less negotiability for meetings. percent) in 2024, compared to a strong 2023 that saw pent-up demand unleashed after the Covid pandemic. But from a narrower perspective—namely, looking at the hotels that accommodate the most business events—both demand growth and room-rate growth might well surpass those estimates.
Smart Meetings
AUGUST 21, 2023
Money also is essential to getting an event off the ground and is the bones of an event planner’s budget. The prices are so high for the individual menu items that the value of what you’re getting doesn’t equate a lot of times,” Pilcher stated, “I’m getting so much less food. Hotels have really tightened up.
SpotMe Blog
JUNE 13, 2023
With so many logistics to handle and compliance regulations to consider when managing pharma events, working with expert pharma event management companies can help reduce stress and ensure you achieve your business goals more easily. You are probably lucky enough to have a great event management team that delivers exceptional events.
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