Remove Contracts Remove Insurance Remove Negotiating Remove Sponsorships
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Olympics Crisis and Hotels’ Pain Provide Event Contract Lessons

MeetingsNet

Understanding things like event-insurance fine print and which areas of operation hotels get group revenue from will help planners become better at contracting and negotiating. With the Summer Olympic Games in Tokyo postponed to 2021 , some of the biggest insurance firms in the world are breathing an enormous sigh of relief.

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Introducing the 2021 Event Planning Playbook

Event Farm

The panelists offered tips about negotiating with venues and vendors: . Pay extra attention to indemnification and insurance policies. Because legal expenses are a concern, insurance is now 30-40% more expensive even though it doesn’t cover epidemics. You must have liability and indemnification conversations with vendors too.

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The Ultimate Event Planning Checklist

Guidebook

Research and Vendor Contracting Research potential venues to come up with a shortlist. Look into associated costs like food and beverage, AV, and parking – are these included, where can you negotiate? Check their availability and start working on a contract. Negotiate terms and specifics with the venue.

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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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Meeting and Event Planning Professional Development Series by Eventinterface

Eventinterface

Planners now need to be marketers, product managers, negotiation and contract specialists, security experts, digital media and technical whizzes. Sponsorship and increasing event revenue in the age of technology. Most events require sponsorship support to be produced. All sessions, live broadcast participation, $250.

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The Complete Checklist to Hosting an Event

Eventtia

Whether you can serve alcohol, accessibility concerns, whether you’ll need to get additional insurance, can you bring your own catering, etc. Negotiate details with the venue. Sign contract with venue and vendors. Create a shortlist of talents you’d like at the event Contact the talents Negotiate and confirm.

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What Did You Do Differently Last Year?

PCMA Convene

Better contract negotiations. We have implemented a risk-management manual to our events and we have purchased more event insurance for better protection. We have also increased the cost of our sponsorships and added new a la carte options. • Added a day as well as additional workshops; expanded available exhibit space.