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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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Four Business Travel Trends and Forecasts Impacting Events in 2024

Event Marketer

And amid it all, sustainability watchdogs are championing corporate policies that are focused on monitoring their organizations’ overall business travel emissions. percent increase in hotel rates. Those able to travel freely are combining remote work with longer leisure trips. degrees Celsius,” Reuters reported.

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Marriott’s ‘Meet with Momentum’ Creates Community Like None Other

Smart Meetings

Meet with Momentum debuted in May 2021 to promote the distinction among Marriott CRN’s leading hotels and resorts, and each event is different. Room availability is a challenge; hotels are struggling to manage huge demand. In the face of these challenges, hotels are reimagining how they do business. And prioritize.

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The New Bottom Line

SmartMeetings

How to prepare for 2023 contract negotiations Yes, we’re out of the pandemic shutdown, but it’s not back to “business as usual.” On the “high” side: Larger deposits up-front for hotel contracts. Take a look at nearby venues. Hotels are offering a short hold time or none at all. Fewer services/staff.

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Navigating Rising Costs at Your Events

PCMA Convene

This was a vital lesson for his association — understanding the fixed costs to deliver an outstanding experience and where there is room for negotiation. The suggestion to co-locate smaller and larger events in the same location and negotiate venue and hotel contracts together came from an audience member.

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The Mutual Benefits of Planning with a Unionized Property

Smart Meetings

Unionized hotels provide the stability and training that hospitality workers are seeking—they could be part of the solution to the shortage that meeting planners are waiting for. Across the United States and Canada, Unite Here represents 300,000 hospitality workers and over 1,100 hotels and casinos. The Beginnings of Labor Day.

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75% of travel managers in Europe expect 2022 business travel volume to surpass 2019 levels according to new Cvent report

Event Industry News

Whilst this increase is partly attributed to rising airline and hotel costs within the sector, corporate travel managers also cite other considerations including business travel being recognised as an instrumental way to expand sales – therefore increased budget is required to help achieve targets. Changing programme priorities.

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