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Two Tensions Keeping Senior Event Professionals Up at Night

Velvet Chainsaw

The bad news is that full year performance for 2023 participation and revenues is expected to be 9.5% The big three include food & beverage, A/V + production and speakers/entertainment. According to the Center for Exhibition Industry Research (CEIR), the business-to-business exhibition industry is still in recovery mode.

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Event Planning Has Risen in the Ranks of Most Stressful Jobs

Velvet Chainsaw

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. Event planners are experiencing sticker shock from rising costs for audiovisual, food and beverage, and other direct meeting expenses. But things have changed.

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

Endless Events

A war in Ukraine , an inflation surge, and supply chain issues will impact event budgets in 2023. . Of course, our event marketing budgets will need to be higher in 2023 than in 2021 or 2020. This blog post explores why your event budgets will need to increase in 2023 and where to allocate that extra money. .

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Hotel Squeeze: Meetings-Focused Properties Expect Strong Demand in '24

MeetingsNet

The result: Less negotiability for meetings. percent) in 2024, compared to a strong 2023 that saw pent-up demand unleashed after the Covid pandemic. In fact, group business ( see chart ) has recovered to the point that more group rooms were sold in October 2023 than in October 2019. percent) and guest-room rate (3.0

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In-person events: The best planning and technology guide (2023)

SpotMe Blog

The energy consumed for event logistics, such as heating, cooling, and lighting the venue, as well as the waste generated from food and beverage services, disposable materials, and promotional items, also contributes to the environmental footprint. Get quotes from different vendors and negotiate the best deals.

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Contract Clauses Planners Need in 2024

Smart Meetings

Gratuities Minimums for food and beverage. Read More: Top Legal Issues Meeting Profs Should Be Aware of in 2023 What To Leave Out Cohen has a few suggestions for the things you leave on the negotiation room floor of your contract: Your own personal liability for any issues caused by a guest, such as room damage, and noise complaints.

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Helpful Budget Tips for Event Planners in a Post-Covid World

Smart Meetings

Room rentals used to be something that you would have to pay if you had a really low food and beverage minimum or if you were coming in within like 60 or 30 days at a hotel,” Pilcher reflected, “Now, you’re coming in and saying, ‘I’m bringing a thousand people to your hotel. “The Also, negotiate gracefully.