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Event Planning Has Risen in the Ranks of Most Stressful Jobs

Velvet Chainsaw

IStock Photo by cyano66 Before the pandemic, one could argue that jobs with life-and-death consequences were surely more stressful than planning an annual conference. Exhibitors are being more selective about the conferences they will support. Annual conference budgets are usually finalized 12-plus months prior to the event.

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8 Clues that Your Meeting Hotel Is—or Isn’t—Financially Strong

MeetingsNet

One hotel exec’s advice for keeping an eye on the health of a conference venue. While meeting pros have contractual issues to consider (Read “ Can You Protect a Meeting if the Venue Goes Bankrupt? ”), there are also common-sense questions to ask and things you can do to check up on a hotel’s financial stability.

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Budget Financial Meetings: Doing More with Less

SmartMeetings

Meetings in the financial and insurance sector require outside-the-box thinking. The economy was humming along before the coronavirus hit, but even then the majority of meeting planners in the financial and insurance industries were keeping their budgets in neutral. Financial and insurance meetings in the U.S.

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Financial Meeting Planners Face Special Challenges During Crises

SmartMeetings

When the going gets tough, the tough cut costs—at least in the financial and insurance conference sector, where budgets often are more likely to come under the scrutiny of regulators. More : Budget Financial Meetings: Doing More with Less. Risk management is a team challenge and should be approached from every angle.”.

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3 Event Catering Tips That Can Save a Budget

Master the Event

But if you’re serving food and beverage at your event it’s important to keep in mind the type of venue, the timing and the menu itself. You just need to think about your food and beverage as you’re planning the event. Type of food and beverage menu. Because they all can affect your event’s catering budget.

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Planners Get Straight Talk from Hotel Owners

MeetingsNet

At a recent meetings-industry conference, hotel executives explained how their properties struggle to balance rising operational costs with competitive rates for meeting groups. Also, group food and beverage contributes about as much profit as guest rooms.

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Building a Winning Corporate Events Program: 7 Critical Success Factors

Attendease

Effectively manage the event budget Based on your strategic plan, develop a realistic, line-item budget covering all aspects of the event — venue, vendors, security, food and beverage, staffing, swag, and the dozens of other expenses that pop up. Then, keep that target attendee at the forefront as you make programming decisions.