article thumbnail

Tips for Negotiating Your Next Big Event Contract

Smart Meetings

Negotiate the Details Prepare for pushback on all fronts, Payne advised. “I Payne referred to the average hotel profit margins to help planners to help them better negotiate their contracts. The post Tips for Negotiating Your Next Big Event Contract appeared first on Smart Meetings. Get everything in writing.

article thumbnail

Two Tensions Keeping Senior Event Professionals Up at Night

Velvet Chainsaw

The big three include food & beverage, A/V + production and speakers/entertainment. In addition to negotiating and locking in pricing, some of the tactics to consider are: Decreasing the event length by a couple hours or half-day. Any cut-backs made in these categories can negatively impact your attendee value proposition.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

20 Ways to Keep Costs Down At Your Next Food and Beverage Event

Brown Paper Tickets

A cost-effective food and beverage event takes hard work, attention to detail and careful planning, but it can be done. Act extra nice when negotiating costs and dealing with service providers. Choose reasonably priced beverages. The beverage industry is packed with affordable, high-quality beverage options.

article thumbnail

Banquets and Catering: An Insider’s Approach to Food and Beverage

Connect Your Meetings

Register for “Banquets and Catering: An Insider’s Approach to Food and Beverage” Have you ever wondered how can hotels charge $120 or more for a gallon of coffee? You’ll learn how to negotiate catering pricing, service charges and fees to deliver immediate savings to your company or organization.

article thumbnail

Event Planning Has Risen in the Ranks of Most Stressful Jobs

Velvet Chainsaw

Event planners are experiencing sticker shock from rising costs for audiovisual, food and beverage, and other direct meeting expenses. Planners are charged with making the problem go away but have little to no negotiating power.

article thumbnail

Waste Not, Want Not: Donate Food After Your Event or Party

The Castle Group

However, nothing compares to food waste. Research from the Lime Venue portfolio shows that “the average event wastes between 15% and 20% of the food it produces.” There are multiple ways to reduce food waste when planning an event. Despite better estimating, food waste is still likely. What is food donation?

article thumbnail

Win at Negotiating AV Services with Hotels

Smart Meetings

However, leaving audio visual (AV) equipment services to the end could be a costly mistake, especially when negotiating these services with a hotel. You have the most negotiating power before signing the contract. Areas for Negotiation. The post Win at Negotiating AV Services with Hotels appeared first on Smart Meetings.