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

Endless Events

From managing event timelines to event budgeting, event profs have a lot on their plates. And even though innovative event technology solutions help automate many of the event planning processes, certain tasks remain unchanged. Food & Beverage. Banquet Event Orders.

Contracts 126
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Here’s Why Your Event Budget Needs to Increase in 2023

Endless Events

Let’s start with the more uplifting reason why you should increase your event budget in 2023. We’re predicting that in 2023, we’ll see more corporate events, conferences, and exhibitions than in the last three years. . Higher Food and Beverage Costs. This will ensure you have enough time for price negotiations.

2023 122
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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. Here’s how to get internal buy-in.

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75+ Ideas to Cut Meeting Costs

MeetingsNet

How to stretch your event budget for food and beverage, event tech, ground transportation, and venues. Mike May, president of Brightspot Incentives & Events, said he tells clients to expect increases of around 30 percent for airfares, 20 percent for guest rooms, and 10 percent for food and beverage.

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Don’t Blow Up the Budget: How to Spend Less for More

SmartMeetings

Food and beverage is an essential element of any gathering—and it is also one of the costliest. It’s unfortunate that copious amounts of food go to waste, but event professionals need to ensure there is something for everyone and that there is enough. Effective Use of Event Tech. Savvy Contract Negotiations.

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The Event Planner’s Guide to Venue Sourcing and the RFP Process 2023

Stova

The Event Planner's Guide to Venue Sourcing and the RFP Process This guide examines a shift event professionals are experiencing in negotiation power with venues. Political, economical, and technological turmoil are profoundly affecting the way we choose where to host our events and creating unprecedented opportunities.

Venues 40
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10 Tips for Choosing The Perfect Conference Venue

Bizzabo

of planners have an event spend less than $100K — budget constraints should be conveyed to the venue from the start. However, if you have found the perfect fit for your event, ask if they would consider lowering the cost in exchange for a multi-year contract. Don’t be afraid to negotiate! Food and Beverage: Parched throats?

Venues 115