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Over the last year, Smart Meetings wrote about contract and budgeting tips and trends this year for the event planner who wants to keep on top of their financials, so they can keep creating memorable experiences. Tips for Negotiating Your Next Big Event Contract Cheryl M. In short, think big.
Today’s event planners rely on technology to get the job done. To cover your bases, here are 11 of the best options for event planners. Event planners can use the app to register guests, follow trends and attendance, and track and scale event progress. Forget the pen and paper.
Partnering with agencies can reduce cost and save time In many scenarios, planners have limited resources on hand. That often means seeking out third-party agencies and independent planners to attain their goals and create a stellar event. According to Crosby this amounts to 20-30% of what a planner could have spent.
How the gig economy is impacting the events industry In honor of Labor Day, Smart Meetings chatted with Tracy Judge, founder and CEO of Soundings , to get the latest scoop on the trends currently emerging within the freelance meeting planner gig economy. SM What types of freelance meeting planner roles are most in demand?
Welcome to another episode of #EventIcons, and this time around we’re talking 2020 event tech trends! In recent past episodes, we covered several 202o trends in the industry, including marketing and design. In recent past episodes, we covered several 202o trends in the industry, including marketing and design.
Business event planner respondents to Convene s 31st Annual Meetings Market Survey shared their biggest work challenges in open-ended responses, which fell into similar categories as the 2023 responses, but with budget woes taking the lead. Inflation is a widespread issue that exacerbates planners struggles. Find more details below.)
How liable are planners when disaster strikes? What can planners do to protect themselves? That is why he strongly recommends planners include indemnification clauses in their contacts, ensuring hotels and third parties take on as much of the risk as possible. Contracts are self-inflicted wounds,” he says.
While we’ve talked a lot about how the pandemic affected planners and attendees, we haven’t focused on exhibitors’ experience all that much. But low attendance isn’t the worst part; it’s event planners’ behavior post-event that really grinds his gears. I’m not whole. It was a bait-and-switch.
A similar clause should be in speaker contracts, particularly for high-profile speakers. if the speaker becomes a focus of criticism or a safety problem, in a way that was not anticipated at the time the speaker was contracted, the group should have the right to cancel the speaker. Michelle Russell is Convene s editor in chief.
If you thought event contracts were tricky before the pandemic, buckle up for even more complications. In 2020, executing the force majeure clause in a contract was fairly straightforward. Performing the activities stipulated in the contract had been made impracticable. A lot of contracts don’t specify that.
Being an event planner, event manager, or event marketer is a difficult job that demands a lot of energy and knowledge, but many of us are drawn to it because it is – above all else – rewarding. As the technology sector within the industry grows, many planners are leaving traditional event planning for event technology jobs.
?? The Best of the Best: Saving Money: 6 Best Ways To Save On An Event AV Contract. There are ways to save money on your AV contract! (15-minute However, there are some opportunities to cut costs in your AV contract! In this article, Mariana Fernandes breaks down some key savings opportunities in an event AV contract. ?
Spark’s first version is serviceable, but still a skeleton, and the platform gives planners the ability to keep adjusting an agenda by adding more context and providing feedback. Using AI is not about eliminating a planner’s job, he said. Or planners can ask, “I need to be able to protect us in case the speaker doesn’t show up.
” And so yeah there was a lot discussion going on and we’ve seen a lot of discussion going on in the planner community about how this is going to affect. There will be less pushback on this being a true monopoly and being really scary but more so what does this mean for planners? Oh my, God, did you see?
Whether the playing field is national politics, a Southern California crime scene or a hotel contract negotiation, leading with love, empathy and respect is the fast track to building relationships across what might otherwise feel like unfathomable divides, according to keynote Corporal Ryan Tillman. His parting tip?
Steve Steinhart Both planners and sellers will have to make paradigm shifts if 2024 is to become the new high watermark for group attendance and revenue. 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.
. “Getting just one good introduction or contract accomplishes my goal if I can book something because of it,” says Greg DeSandy, director of sales and event services at Cobo Center Detroit Regional Convention Facility Authority. “We want to see what trends are out there,” she says.
This trend has not happened post-pandemic. ADR for group bookings follow the same trend. Approaching Planning Differently With all this, CWT presents buying strategies heading into 2024 that may help planners prepare for increased business travel prices. Aggregate travel spend to increase the value of regular contract proposals.
Before the global health pandemic, the event industry focused on new trends and innovation; a post-pandemic world does not always allow for this flexibility, especially with all the challenges we face in our events. As planners, before the pandemic, we had longer lead times to plan events and a wider choice of venues. Sharon Bonner.
When negotiating contracts in the future, planners and suppliers alike will have to realize that there may always be something unexpected that we think will never happen. That the force majeure clause often is invoked for the “gray area” issues, so it needs to be written accordingly. Tyra Warner, Ph.D.,
Other than running out of coffee, trying to sign contracts years out and arranging travel in a world where costs are the only thing rising faster than attrition rates is the definition of “stressful.” Read More: Destination Management Companies: Good to Great SM: What do planners get wrong about DMCs?
Since the pandemic, the problem of fewer registrants booking within in the contracted room block has become more acute. was $158, the second-highest ever; and the trend of attendees waiting until the last minute to register for the event and then book their housing is a lingering aftereffect of the pandemic.
The second part of Events Reimagined by Hubilo focused on presenting key virtual and hybrid event trends that we’ll see more of going forward and shared advice on how best to adapt. . This technology offers smart contracts—not just the art or the collectible nature of that collectible or art.
The MPAV merger intended to create a one-stop shop for meeting planners organizing in-person, hybrid and virtual events, Smart Meetings reported. The return to live events wasn’t anticipated until fall but changing Covid restrictions motivated event planners to convert virtual meetings to in-person affairs as fast as possible. “We
Experts offer tips and ideas for meeting professionals As the year slowly comes to a close, many financial and insurance meeting planners may be thinking about what they should be keeping on their radar. That is the question planners could be asking themselves. Off-Site To host your event on or off-site? with 6-12 months out, 15.7%
“Last year, I assumed a different event planner role, which was a TV producer role. It was kind of crazy, but we were one of the few event planners across the country that actually produced a live auction in real time live,” she says. So we’re seeing a big trend in that too.” Conclusive Thoughts.
Healthcare leaders gather at the MHA’s 88th Annual Meeting to discuss industry trends. Government Contract Opportunities Spring marks the peak season for federal contracting, with the Office of Contracting and Procurement listing contracts worth USD 100,000 or more.
In fact, many of our clients sign multiple-year contracts and use us for their AV needs year after year. We get it event planners are some of the busiest people out there! It’s no wonder that event planners have one of the most stressful jobs. However, as long as you have not signed a contract yet you most likely don’t have to!
Financial and insurance industry meeting planners face complex demands. Learn More: From Checkboxes to Strategy: Implementing and Leading Sustainable Event Practices Topics included AI adoption, succession planning, contract negotiations, neurodiversity affordances, transportation management and sustainable sourcing.
According to the latest COVID-19 Recovery Dashboard survey, 60 percent of planners intend to mandate vaccinations at in-person events. The 242 planners and 140 suppliers who took our latest COVID-19 Recovery Dashboard Survey, Dec. 7-14, seem to be taking the latest variant somewhat in stride.
Almost seven out of 10 of those planners chose “talent is priced well/good value” as a reason for choosing a speakers bureau, making it the top response. By juxtaposing the responses to these two different questions, one could assume that planners don’t see the speakers they select as critical to moving the needle on registrations.
It’s a baffling trend, and one that hotel guests and meeting planners alike must contend with: The percentage of U.S. To ensure the level of service they expect, planners should include in meeting contracts minimum personnel numbers for the hotel’s event-services team as well as for meals and receptions.
Planners: “Make your meetings Boricua” says @MeetingsInPR with the island’s rich history, culinary tradition, nature-based activities and vibrant culture to elevate team building, attendees can hold breakout sessions to break out the dance moves! Fontainebleau will also be opening a Las Vegas location in 2023, boasting 550,000 sq.
We’ve compiled a list of websites for event planners so some of the hardest-working professionals can complete every task on their list. Techsytalk Techsytalk is a digital platform with more than 550 members that bridges the gap between event technology and the event planner. Ready to dive straight in?
Plus, event planners don’t have to pay for wasted meals and rooms. Don’t jump into live streaming because it seems like the hot new trend. It’s up to event planners to find that purpose and make it beneficial to the event. Your goal as an event planner should be to create a complete experience for the remote audience.
Just when event planners thought they had enough to think about, the question arises. And this, of course, includes the AV company you’re signing a contract with. We said it several times, but it’s definitely worth repeating – event planners are some of the busiest people out there. Oh, event AV costs.
To zero in on what we can expect — from event technology predictions to what the biggest challenges will be — we reached out to some of the top Event Experience Leaders for their take on event industry trends to come. Want to skip straight to the insights and event industry trends from our top leaders? Chardia Christophe-Garcia.
It will take a combined effort in order to restart the event industry, both from the planners and venues, in order to begin hosting in-person events again. By implementing distancing regulations, and no-touch tools such as QR Codes, NFC tags, Big Data, and more, it lowers the risk of contracting the virus and adds a layer of security. .
That was the message from Jill Blood, vice president, deputy general counsel at Maritz Global Events during a December 14 meeting trends webinar, hosted by MeetingsNet and led by Blood and her Maritz colleagues Steve O'Malley, enterprise vice president and COO, and Greg Bogue, enterprise vice president, brand, experience, and innovation ecosystems.
Skimping on event planners means the event will skimp in other ways, too. Many teams use contracted labor for duties such as photography and videography. Editors Note: This article was originally published December 11,2014 and has been completely revamped for accuracy and current trends. You can’t be in multiple places at once.
of event planners would only attend a physical event in-person if it was local ( EventMB , 2020) 55% of event organizers report that safety is the biggest obstacle for resuming in-person events ( EventMB , 2020) Virtual Event Statistics When the pandemic forced everyone into lockdown, 60% of event professionals pivoted to virtual events.
My advice for planners is to look for a solution with the breadth to support lots of different use cases,” he said. Many planners have post-traumatic stress disorder and want to minimize risk to satisfy the CFO sitting on our shoulders.” She suggests not signing long-term contracts “because you don’t know what is going to happen.”.
Topping the topic list in the survey, conducted by AAE Speakers, a speakers bureau and talent agency, is leadership and motivation, cited by two out of five planner respondents. Rounding out the top three are diversity, equity, and inclusion, and artificial intelligence, mentioned by 38 percent and 36 percent of planners, respectively.
Hotel contracts have changed, and you can’t assume common pre-pandemic terms still apply. Here are some of the top trends to be aware of as you start the contracting process. Advance deposits are a new and impactful trend. Advance deposits are a new and impactful trend. Pre-pandemic, it was very common for U.S.
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