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CWT Study: Business Travel Costs Are Still Going Up, Slightly

Smart Meetings

Plus strategies for managing increased business travel costs in 2024 Business travel and event cost are not increasing as steeply as they were in 2022, but they’re still going up, according to 2024 Business Travel Forecast , a new study by CWT and Global Business Travel Association (GBTA). In 2022, air travel saw a 72.2%

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COVID-19 Considerations for Meetings Contracts

SmartMeetings

Do meetings cancelled as a result of coronavirus concerns quality as force majeure ? attorney at Devlin Law Firm, explained in a recent Smart Meetings Accelerator webinar “ COVID-19 Considerations for Meetings Contracts ” that the answer is complicated. The first step is to read your contract,” Devlin said.

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Will Meetings Thrive in 2024?

Smart Meetings

Experts weigh in on what needs to change to work together better Editor’s Note : Hospitality sales consultant Steve Steinhart will be speaking at Smart Meetings Extraordinary Experience in Monterey, California, Nov. If all the meetings that we have re-scheduled for 2024 come through, we will show a very nice gain in the group market.”

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The 2024 Guide for Financial and Insurance Meetings

Smart Meetings

Experts offer tips and ideas for meeting professionals As the year slowly comes to a close, many financial and insurance meeting planners may be thinking about what they should be keeping on their radar. They want to feel as though they have a role in choosing their own meetings journey. with 6-12 months out, 15.7%

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A Sustainability Pulse Check for Events

PCMA Convene

Another recent research report, Knowland’s “ 2024 State of the Meetings Industry ,” which the events industry sales intelligence company produced in partnership with global meetings solution company ConferenceDirect, sheds more light on how sustainability is viewed — and practiced — by event professionals.

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Event Planning Has Risen in the Ranks of Most Stressful Jobs

Velvet Chainsaw

According to a study by the World Scholarship Vault , event planner stress levels are hitting a new high — the third-most stressful job in the world for 2023. Event planners are experiencing sticker shock from rising costs for audiovisual, food and beverage, and other direct meeting expenses. But things have changed.

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Advance Planning: A Meeting Planner’s Best Tool

SmartMeetings

How can you, as a planner, structure contracts to be flexible? What can you do at the contract level to make sure that last-minute changes don’t have a negative impact on your event or your budget? Study the Market: Guest and Site Knowledge. Look into the history of pre/post stays with your attendees and contract accordingly.