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Contract Clauses Planners Need in 2024

Smart Meetings

Force m ajeure and clauses to keep in your next contract Watch the full webinar here. Contracts are the life blood of the meeting industry. Keep Relationships in the Details One key aspect that is sometimes overlooked in the contract process is relationships. Gratuities Minimums for food and beverage. Resort fees.

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Choice Cuts for Food and Beverage Savings

MeetingsNet

Check the contracts for deadlines. There are a lot of new contract deadlines for ordering meals that can add upwards of 25 percent onto the cost of the meal if the deadlines are not met. And “if you’re getting them sponsored, make sure the price reflects the cost of the beverage.”. • she says. • Use inclusive menu design.

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A Breakdown of Post-Pandemic Contract Clauses

Smart Meetings

Post-Covid Contract Solutions.”. We’ll delve into a condensed review to address what and what not to include in your venue contract, as well as negotiation tactics and what can potentially trigger a force majeure. Local laws can impact your contract and your options for termination, recovery and liability, Sheaks explained.

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Waste Not, Want Not: Donate Food After Your Event or Party

The Castle Group

However, nothing compares to food waste. Research from the Lime Venue portfolio shows that “the average event wastes between 15% and 20% of the food it produces.” There are multiple ways to reduce food waste when planning an event. Despite better estimating, food waste is still likely. What is food donation?

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When to Embrace Change—and When to Hold Your Ground

MeetingsNet

Every meeting element—the budget, the agenda, the food and beverage, the production, all of it—will go through several iterations as the planning goes on. That was the message from Huong Nguyen, CEO and founder of Shiloh Events. She told the GMID audience that building out business events “means there will be constant change.

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Hotels Chase the Money, Leave Groups in the Lurch

MeetingsNet

Does your hotel contract make it easy for a hotel to relocate your business? If your hotel contract was written before or during the Covid pandemic, you’d better watch your back. First, these meeting contracts do not prevent cancellation; rather, they allow cancellation subject to a party’s obligation to pay cancellation damages.

Hotels 105
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The Art of Room Blocks

SmartMeetings

For example, does everyone sign up with enough advance notice to meet the hotel’s deadline? In advance: When setting up the contract, make sure it measures attrition on a cumulative basis versus per-night basis. Set up the contract to allow for a post-meeting audit. Just follow the formula, right? Our quick save?