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A.I. and Meeting Contracts: Don’t Ignore the Warning Label

MeetingsNet

The new meetings-industry A.I. engine is impressive, but planners need to understand how best to use its contracts section and how human expertise is still required. That’s the small print on the legal prompts in Spark, the meetings-specific generative-A.I. Warning: Please note that the generated output is not legal advice.

Contracts 105
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Best of 2023: Event Contracts and Budgeting

Smart Meetings

Creating experiences, setting the stage for networking opportunities, and fostering connections among colleagues and association members are what the meetings and events world is all about. Meetings MBA: Budgets, Models and Forecasts Budgets are great for estimating and tracking spending. In short, think big.

Contracts 105
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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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3 Event Contract Trends in 2022

EventMB

If you thought event contracts were tricky before the pandemic, buckle up for even more complications. In 2020, executing the force majeure clause in a contract was fairly straightforward. The fundamental purpose of meetings had been frustrated. Performing the activities stipulated in the contract had been made impracticable.

Contracts 173
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Event-Contract Sticking Points: A Practical Approach

MeetingsNet

Three industry veterans share their advice on crafting contract terms and clauses that meet the needs of host groups, not just host venues. Right now, the meetings industry’s landscape features high demand, rising prices, and hotel reps’ relative inexperience with meetings, all of which make planners’ jobs more difficult than ever.

Contracts 111
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Venue Contracts for AV, Electric, and Internet: Read the Fine Print

MeetingsNet

A veteran production manager gives advice on what to look for and how to make changes in a property’s agreements before you sign. During his main-stage presentation titled “Mastering Site Inspections for Audiovisual and Production,” Frankel noted that “almost everything is negotiable before you sign the contract.

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

Endless Events

Event planners and event managers have all been through a steep learning curve to master the art of creating successful event experiences. From managing event timelines to event budgeting, event profs have a lot on their plates. However, depending on your hotel contract, you can get away with not filling up all of your rooms.

Contracts 126