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Before You Sign That Contract: 5 Hotel Contract Tips For Novice Planners

Endless Events

Let’s take the skill of hotel contract negotiations ; novice planners tend to feel overwhelmed by the nitty-gritty details of hotel contracts and often learn as they go. If you’re planning a conference, it’s very likely you’ll need to contract and negotiate a hotel room block for your attendees.

Contracts 126
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Event Contracts: Agree to Be Agreeable

SmartMeetings

Negotiation experts share tips for building win-win event contracts The ROI is in the details when drafting a vendor contract. A win-win contract allows everyone to feel that their biggest risks are covered and they can partner in good faith to execute confidently while working creatively to deliver the best event possible.

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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

Section, says, “After looking at the hotel-menu prices for my next meeting, we’re calculating a registration fee increase because we just have no room to absorb the inflation in our budget … There really isn’t a magic solution” when it comes to F&B. Check the contracts for deadlines. she says. • Put soda and bottled water on ice.

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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. If the hotel cancels, the group now has to submit a list of its actual costs to move, with receipts to prove it. “If Grimes, Esq.

Hotels 105
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Tips for Negotiating Your Next Big Event Contract

Smart Meetings

But entering a new relationship with a hotel usually comes with a detailed contract of agreements and stipulations. year period of time have shifted into the future years causing a significant demand and compression issue when contracting with hotels,” Payne said. “All Hotels want to make up for lost time, lost money.

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

MeetingsNet

From the wide view, the hotel industry should expect only a modest rise in demand (1.8 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. The result: Less negotiability for meetings.

Hotels 72