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“Force majeure is a legal term that’s been around for a long time and it’s in your contracts, but it’s separate from your contracts”, Josh explains. But they let planners and groups get out of meetingcontracts or frankly, any kind of supplier contracts too if they meet certain criteria.
You should actually hire your AV company before you even sign your venue contract. A good AV company will help you determine if prospective venues fit your needs and vision. What I mean by similar is if you are planning a small corporatemeeting don’t get a case study for a mega convention with 81 breakout rooms.
Hotel Contracting Savings. By using eRFP tools, dozens of hotels in multiple markets can bid on a meeting to locate the best bargains. The Brightspot Strategic Sourcing team is staffed with CMPs (certified meeting professionals) who average 20 years of experience, and we offer complimentary site research and hotel contracting.
BT: How are meetings managing in Los Cabos? ESPONDA: We have seen a big, big comeback in meetings, especially involving incentive programs and small corporatemeetings. If you make a check of average daily rates on meetings in various locations, usually the bigger bulk of rooms, the lower the average daily rate.
Not surprisingly, many predictions align, and our list here is split across segments of corporatemeetings, incentive travel, channel incentives, and sales contests. Event agencies recommend starting the search for hotel venues early, but honestly, do not start early unless the company is prepared to sign the contract.
These stakeholders hold the keys to lucrative contracts and partnerships, making them the primary target for savvy sellers. The Impact: Content strategies built around a rigid, predetermined buyer journey often fail to meetprospects where they are in their unique decision-making process.
Think Outside the Box: Why not send out mystery invites with clues about the event to your top prospects? Lock it all down with a clear contract. Planning events can be a nightmare, whether its a large consumer expo, a corporatemeeting, or a high-stakes industry conference.
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