MeetingsNet

MARCH 15, 2024

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. These figures come from the recently released Hospitality Group & Business Performance Index from industry-research firm Knowland and travel-technology provider Amadeus.

Hotels 64

Hotels 2024 2023 2019 64

Attendease

FEBRUARY 20, 2024

For internal stakeholders: Create a core event committee with reps from legal, marketing, facilities, IT, etc. Market and promote the event Next, develop a strategic, multifaceted marketing plan to effectively promote your event across channels. Pssst, event marketing software can help with this.) based on expertise.

Corporate Events 195

Corporate Events Food and Beverage Social Media Event Management 195

SmartMeetings

FEBRUARY 16, 2024

Negotiation experts share tips for building win-win event contracts The ROI is in the details when drafting a vendor contract. Concessions Worth Asking For in 2024 As the market continues to be tight, planners don’t have quite as much power as they might in a down market, but experts are still finding areas where they can get some relief.

Contracts 94

Contracts Negotiating 2024 Hotels 94

Smart Meetings

JULY 7, 2021

In April, Discover The Palm Beaches partnered with the Incentive Research Foundation (IRF) to host an in-person event to discuss what factors are driving buyer decisions for incentive travel. Companies looking to reinstate incentive travel also considered the industries of prospective participants in the incentive programs.

Travel 52

Travel Meetings Negotiating Contracts 52

Cvent: Event Marketing

MAY 8, 2019

Lodging costs can comprise up to 40% of a company’s total travel and entertainment expenses, providing a large opportunity for spend management. Corporate negotiated hotel programs also require a high level of maintenance and frequent examination. Tips and best practices surrounding negotiations. Date: May 28, 2019.

Negotiating 31

Negotiating Hotels 2019 Travel 31

SmartMeetings

FEBRUARY 2, 2023

How to prepare for 2023 contract negotiations Yes, we’re out of the pandemic shutdown, but it’s not back to “business as usual.” You’ll also see hotels layering multiple groups in the same week to maximize group revenue while still capturing the leisure market on the weekends. Increasing rates for staff/services.

Contracts 82

Contracts Negotiating Food and Beverage 2023 82

Velvet Chainsaw

APRIL 13, 2020

In the first 90 days of resumed business travel, intimate gatherings are going to recover more quickly than mass gatherings. However, from past experience, any time that there has been a shift from a seller’s to a buyer’s market, those contracts signed during a seller’s market just flat out had to be updated. Do the Right Thing.

Contracts 398

Contracts 2009 Hotels 2020 398

MeetingsNet

JUNE 3, 2022

The meetings market will be central to the recovery of urban hotels. Here, two industry consultants dish to city-hotel sales executives on why securing meetings business is so critical, with numbers that could give negotiating insight to planners.

Hotels 97

Hotels Consulting Negotiating Retail 97

MeetingsNet

FEBRUARY 29, 2024

While the full 2024 report will be released on March 26th, Jennifer Best, vice president of marketing at AAE, shared some early data from this year’s survey results with attendees at the Catersource + The Special Event conference in February to highlight corporate event trends and how they’re likely to impact speaker bookings this year.

Speakers 111

Speakers 2024 Negotiating Social Media 111

Smart Meetings

OCTOBER 23, 2023

“If all the meetings that we have re-scheduled for 2024 come through, we will show a very nice gain in the group market.” If a group is looking to book in 2024, Omni may negotiate contracted rates and concessions if they will book more of their meetings with a sister Omni hotel in future years.

2024 105

2024 Meetings Hotels Contracts 105

EventMB

MAY 12, 2022

When Jay Kinghorn was the associate managing director of the Utah Office of Tourism , he was constantly frustrated by the dearth of visitor data he knew would enhance the agency’s ability to promote itself, support its members, and enhance the experience of individual travelers as well as meeting groups.

Travel 91

Travel Trade Shows Negotiating Retail 91

Smart Meetings

SEPTEMBER 18, 2023

Italy does not have a lot of large hotels so if your program requires a peak of more than 100 rooms on a five-star category I suggest anticipating as much as you can the hotel sourcing and contracting, especially if you travel on shoulder and peak seasons. Read More : A Manifesto for Good Travel and Tourism 3.

Meetings 105

Meetings Contracts Transportation Hotels 105

SmartMeetings

NOVEMBER 30, 2021

After the latest news story about a spiking variant or travel restriction, you get a note from the CFO or even the CEO asking, faux-casually, “How much would it cost us if we canceled the meeting we have been planning for two years?”. Sometimes it is a surprise that hits you out of nowhere and derails you for a moment. Sunk Costs.

Negotiating 90

Negotiating Contracts Travel Marketing 90

PCMA Convene

OCTOBER 13, 2023

It has topped of the list of challenges identified by planners in Convene ’s Annual Meetings Market Survey for years, including in the 2017 and 2020 surveys, conducted in 2016 and 2019, respectively, and in our most recent survey (to be published in a special Convene November Forecast issue).

Negotiating 59

Negotiating 2023 Contracts 2016 59

Eventtia

OCTOBER 20, 2023

Whether deciding on the venue, entertainment, catering, or marketing strategy, knowing the budget constraints and allocations can guide decisions, ensuring that all arrangements are cohesive and within the set financial boundaries. Dynamic Changes The event industry is susceptible to market fluctuations. Approach multiple vendors.

Financial 117

Financial Negotiating Entertainment Retail 117

Cvent: Event Marketing

JULY 17, 2018

Given that as much as four percent of a company’s total revenue is spent on business transient travel for employees, and within that spend, 15 to 25 percent of their travel budget goes towards hotel costs, it’s not surprising that companies seek ways to economize business traveler expenses and improve overall management of travel programs.

Travel 28

Travel Negotiating Hotels Management 28

ePly

MARCH 26, 2024

Just as world travelers who voyage without a destination in mind will never get where they want to go, coordinators without clear goals for their events are unlikely to deliver desired results. Start by establishing a logical framework and direction for your marketing efforts with both the event sponsor and audience firmly in mind.

Event Planning 62

Event Planning Negotiating Events Event Planning Tools 62

Cvent: Event Marketing

MAY 15, 2018

Over the last several years, there has been a growing trend among organizations to focus on the consolidation of their meetings, events and travel programs. Challenges to Travel & Meeting Consolidation. For more information on travel and meetings consolidation, read Cvent & the GBTA Foundation’s research report here.

Travel 37

Travel Meetings Negotiating Technology 37

Smart Meetings

SEPTEMBER 1, 2022

Underwood shared that, overall, hotel rates are up 38% since before the pandemic and properties are less likely to negotiate day rates or minimums than pre-Covid as they are under pressure from increased labor and operating costs. The other way a tight labor market impacts meetings is in transportation. Inflationary Realities.

Hospitality 52

Hospitality Management Negotiating Transportation 52

GEVME

JANUARY 26, 2021

Hybrid events have become extremely popular because of travel restrictions, regulations and lockdowns which force people to stay back at home. Businesses that wish to market their brand at events are particularly interested in hybrid events for two major reasons. . Hybrid events also reduce travel costs for the attendees.

Sponsorships 218

Sponsorships Travel Events Risk Management 218

Event Industry News

FEBRUARY 16, 2022

We are also looking for individuals with more extensive experience ideally in Europe and the East Coast of the US to help us expand in those markets and potentially open offices. Wordly is revolutionizing the multi-billion dollar simultaneous interpretation market using AI-based simultaneous interpretation delivered as a SaaS solution.

Trade Shows 59

Trade Shows Negotiating Travel Marketing 59

Endless Events

NOVEMBER 15, 2022

Of course, our event marketing budgets will need to be higher in 2023 than in 2021 or 2020. More events with more events mean more food, room blocks, entertainment, production equipment, and travel – and those all cost extra money. This will ensure you have enough time for price negotiations. The Rise of Energy Costs .

2023 122

2023 Food and Beverage 2022 Sustainability 122

Smart Meetings

JUNE 21, 2023

Read More: 3 Rewarding Trends in Incentive Travel The upside of holding WEC in Mexico for the first time was that it accommodated the association’s fastest-growing audience, Latin American meeting professionals, which has had 60% growth over the last four years. Louis in 2025 in the expanded convention center campus.

2023 125

2023 Negotiating 2025 Education 125

Eventinterface

JUNE 28, 2016

“The meetings and event industry is easily affected by economic and political uncertainty, however it will take at least two years for the separation conditions to be negotiated and no one really knows what will happen,” said Al Wynant, co-founder and CEO of Eventinterface. Are you impacted by the Brexit?

Meetings 100

Meetings Negotiating Transportation Travel 100

Endless Events

JANUARY 21, 2020

So, now that you know the costs you need to be aware of, let’s chat in depth about negotiating prices for your AV. Watch our webinar that shares tips on How to Negotiate Prices for Event AV. ?? Traveling is something that is important to a lot of people in our company. Back from the 3-day weekend! Sorry I am a day late!

Negotiating 77

Negotiating 2020 Insurance Travel 77

MeetingsNet

SEPTEMBER 8, 2023

“Some organizations require more concessions, others want to be in a specific destination regardless of the cost, and still others are in a short-term booking situation that requires casting a wide net for offers in a compressed market. It’s a sellers’ market these days; hotels have multiple pieces of business to choose from.

Site Selections 52

Site Selections Hotels 2024 Negotiating 52

Event Farm

MAY 5, 2021

Reopening tracker that describes travel, gathering, and mask restrictions by state. The panelists offered tips about negotiating with venues and vendors: . Ryan suggested using your event safety plan and protocol as a marketing tactic—a differentiator for your events. View the session recording Finding an event location.

2021 306

2021 Event Planning Insurance Transportation 306

Event Marketer

OCTOBER 16, 2023

Achieving both objectives while keeping the experience fresh year after year is a challenge that many an event marketer can relate to. The post Internal Meetings: Five Ways Zeiss Keeps its Salesforce Fired up appeared first on Event Marketer. As long as they showed up for work on Monday, their stay didn’t take up any vacation days.

Meetings 95

Meetings Negotiating Hotels Venues 95

Nunify

NOVEMBER 14, 2021

According to a report published by statista.com , the United States meeting, convention, and event planning market employed a whopping 125,900 people in 2020. As an event organizer managing multiple events at the same time, and having top-notch organizational skills is non-negotiable.

Event Planning 52

Event Planning Negotiating 2020 Contracts 52

PCMA Convene

JULY 29, 2022

The cost of AV gear, travel for technicians, and trucking have all risen significantly, Rissi said, with the cost of everyday equipment like screens and video projectors increasing anywhere from 15 to 50 percent. Looking locally to cut AV costs, Suriani said, has helped lessen the astronomical costs associated with travel. John Rissi.

2019 124

2019 Transportation Hospitality Travel 124

GEVME

JANUARY 27, 2021

Hybrid events have become extremely popular because of travel restrictions, regulations and lockdowns which force people to stay back at home. Businesses that wish to market their brand at events are particularly interested in hybrid events for two major reasons. Hybrid events also reduce travel costs for the attendees.

Sponsorships 156

Sponsorships Travel Events Risk Management 156

GEVME

JANUARY 27, 2021

Hybrid events have become extremely popular because of travel restrictions, regulations and lockdowns which force people to stay back at home. Businesses that wish to market their brand at events are particularly interested in hybrid events for two major reasons. Hybrid events also reduce travel costs for the attendees.

Sponsorships 156

Sponsorships Travel Events Risk Management 156

Smart Meetings

DECEMBER 13, 2018

A town-hall meeting at the conference identified other resources MPU could help secure, including limited liability insurance and streamlining IATA, CLIA and other travel agent certifications. MPU’s leadership is also focused on negotiating for new sources of revenue for planners. Augmented Income Streams. Recognizing Impact.

2019 89

2019 Meetings Insurance Negotiating 89

TicketBud

MARCH 22, 2017

If the artist isn’t on tour, that means that additional costs (travel, hotel, etc.) As an event planner, you’ll still be expected to cover the artist’s hotel and travel costs, but if the artist will already be in your area, it won’t be as expensive as it would if you’re flying them across the country. Know the Negotiation Process.

Negotiating 65

Negotiating Travel Contracts Transportation 65

Bizzabo

JUNE 2, 2021

Read about twelve of the most popular event planning certifications and event management licenses, and learn how to obtain them in order to propel your event marketing career. GTP: Global Travel Professional. CTSM: Certified Trade Show Marketer. PCM: Professional Certified Marketer. GTP: Global Travel Professional.

Event Planning 109

Event Planning Trade Shows Government Healthcare 109

PCMA Convene

MARCH 14, 2018

Each year, along with the numbers we collect for the annual Meetings Market Survey , we ask respondents open-ended questions, including this one: What’s the biggest challenge facing the meetings industry?”. A lot of associations rely on events as an income stream and their viability is affected by the increase of events in the market.

Negotiating 86

Negotiating 2010 Travel Healthcare 86

GEVME

MARCH 4, 2019

This is a certificate course in event management that expands your knowledge and site management capabilities, strategic planning, event marketing and design, and other content areas. Global Travel Professional (GTP). Get some expertise in the field from the Global Business Travel Association.

Event Management 120

Event Management Management Trade Shows Healthcare 120