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Hotels and Events: Negotiating The Best Terms

EventMB

Skift Take: Don’t be fooled by generic concessions and terms offered by hotels. Having the right negotiating strategy will save time and money. Refugio Garcia Read the Complete Story On Skift Meetings

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Event Contract Negotiations in 2022 Are a Whole New Game

EventMB

Despite continued uncertainty, planners can no longer count on the low rates and flexibility hotels offered at the height of the pandemic. Contract experts share their advice on how best to negotiate in the current climate. Being a smart negotiator […].

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Caution for Planners: Hotel Rates Set to Rise in 2024

EventMB

Skift Take: Hotel rates will rise globally in most locations next year, something to keep in mind when negotiating meeting contracts. Andrea Doyle Read the Complete Story On Skift Meetings

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Tips for Negotiating Your Next Big Event Contract

Smart Meetings

But entering a new relationship with a hotel usually comes with a detailed contract of agreements and stipulations. year period of time have shifted into the future years causing a significant demand and compression issue when contracting with hotels,” Payne said. “All Hotels want to make up for lost time, lost money.

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Labor Double-Whammy for Hotels Affects Planners, Too

MeetingsNet

December 2023 saw the highest average hourly rate ever for front-line employees at hotels across the country: $23.91, according to the U.S. Even so, 67 percent of more than 400 hotel managers who responded to the latest survey conducted by the American Hotel and Lodging Association say they still face a staffing shortage.

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Planners: Don’t Cry for Hotels

MeetingsNet

The latest hotel data finds that rate increases are more than making up for today's meetings market not yet being back to its pre-pandemic volume. The result: In 2024, big-city hotels are seeing more than six percent growth in event-related revenue compared to before the Covid pandemic. Across all U.S.

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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. Many hotel contracts mandate use of an in-house AV provider and contain clauses prohibiting use of other vendors or charge for the privilege of using the planner’s preferred vendor.