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Best of 2023: Event Contracts and Budgeting

Smart Meetings

Creating experiences, setting the stage for networking opportunities, and fostering connections among colleagues and association members are what the meetings and events world is all about. Meetings MBA: Budgets, Models and Forecasts Budgets are great for estimating and tracking spending. In short, think big.

Contracts 105
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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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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

Hotels 72
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Hoteliers’ Thoughts on Accommodating Meeting Groups into 2023

MeetingsNet

Hint: A new meeting pattern could help groups having a difficult time at the negotiating table. Interestingly, the boom in leisure demand might bring a change to the meeting patterns that most hotels have traditionally wanted business groups to follow—Sunday night to Wednesday morning, and Wednesday night to Sunday morning.

2023 105
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Top Legal Issues Meeting Profs Should Be Aware of in 2023

Smart Meetings

Force Majeure clause and employment classifications changes coming for MPs The legal nuances of meeting planning can be a bit overwhelming even for the seasoned planners. To offer some helpful insight in what areas to be on the lookout for, Smart Meetings sat down with Ty M.

2023 97
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FICP 2023 Empowered Members for a Future Beyond the Horizon

Smart Meetings

Financial & Insurance Conference Professionals (FICP) brought 700 thought leaders together at JW Marriott Marco Island Beach Resort in Florida to prepare meeting professionals for whatever comes next with a call to reflect, discover and recharge. AI technology is not going away,” said Tauvaa.

2023 105
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Planner Said: Supplier Said—Hope for A Better Partnership Solution

Smart Meetings

The word “partnership” gets thrown around a lot in the events world, but when there are too few ballrooms for too many functions being planned, meeting planners and hotel and destination counterparts often find themselves on the losing end of negotiations that could be win-wins.