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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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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. State of the Market Based on the current state of the market, Payne has seen a shift occur due to the events that transpired during Covid-19. Smart Meetings chatted with Cheryl M.

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Event Planning Has Risen in the Ranks of Most Stressful Jobs

Velvet Chainsaw

Shifting marketing budgets. Exhibit service contractors are now directly competing with the association for their share of exhibitors’ marketing budget. Event planners are experiencing sticker shock from rising costs for audiovisual, food and beverage, and other direct meeting expenses. Price increases.

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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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Smart Moves in Berkeley, Hollywood and More

Smart Meetings

In his most recent role as general manager of Calistoga Motor Lodge, he spearheaded a construction project that added 39 rooms, reduced food and beverage costs and skillfully managed finances. Along with expertise in corporate travel events and hotel contracting, he brings a passion for community service.

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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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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. Make sure you have signed contracts in place at least three months out.