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It was Global Meetings Industry Day a while back so we peeked into the corporatemeeting trends and statistics that have shaped the past year. Another highlight is that the number of event-related careers is growing due to the sheer popularity and effectiveness of meetings as both marketing tools and revenue opportunities.
The Business of Events: How DMCs Elevate CorporateMeetings and Incentive Travel 12 June 2024 In today’s work culture, employees are looking for more than competitive pay. Incentive travel remains one of the most alluring perks for corporate employees across a wide variety of industries.
It’s all about bringing the event to more of your attendees, to those who are unable or unwilling to travel. “Bringing your events into a community allows for all of your attendees, sponsors, or vendors to play a bigger storyline in your overall event strategy. “Maybe scale your in-person event and make it smaller.
Is it terrorism just in the city where your meeting is going to be? If there’s terrorism in Europe, people might not want to get on an airplane and travel. But is really bad heat going to be a force majeure if your meetings in Scottsdale in July or August? Think about what could happen to your meeting.
What are the Differences Between Planning a CorporateMeeting and an Incentive Trip? People outside of the hospitality industry often assume that planning meetings and incentive trips are one and the same and require the same skill sets with very little planning differences. Tradeshows are optional add-on during meetings.
Here are some other ways this master planning guide can help: You can get on the same page with vendors and caterers well in advance. Add vendor timelines. When gathering vendor timelines, here are a few things you can ask: How long it takes for the caterer to prepare and serve a seated dinner for 500 people.
Risk Assessment for CorporateMeetings. In addition to weather, other significant causes of event disruption are medical issues, vendor failure, flight cancellations or delays, dietary needs, hotel attrition, program inclusions, and pandemic. Medical plan: What medical services are available onsite?
For example, if you operate a bar known for live music or rowdy events, planners probably don’t associate it with business luncheons or corporatemeetings. Partner with local vendors Build a network of reliable, reputable local partners who can combine specialties and event services. Develop unique selling points to highlight.
“A lot of people experience virtual events on a daily basis in their office and corporatemeetings already”, says Andrew. You used to come together for a quarterly regional meeting that everyone had to travel for. You may not realize this, but you’ve probably attended a couple of virtual events yourself.
BizBash Founded in 2000, BizBash creates print and digital publications, hosts events, and provides resources for corporate event and meeting professionals, event marketers, and executives. The site features a hub of articles, interviews, blog articles, and weekly e-news to help corporate event professionals stay on top of their game.
With the allure of exclusivity, awe, and wonder, the British Virgin Islands is ideal for your incentive travel program and can deliver a once-in-a-lifetime experience for your qualifiers that will leave a lasting impression. The BVI has branded alcohol seen all throughout the island and would make a great gift for an in-room cocktail kit.
Reading Time: 7 minutes Air travelers who are excited to travel after months of restrictions have encountered pilot shortages, inclement weather, and oversold or canceled flights resulting in travel disruptions. There have also been challenges at the ticket counters as agents try to keep up with accommodations for air travelers.
Spanning more than 400,000 square feet of flexible meeting and exhibition space, the GICC is equipped to host various events, from large-scale conventions and trade shows to corporate events and private celebrations. In true entertainment fashion, you can join the space with Opera, a famous Atlanta nightclub!
Vendors selling culinary goods such as cheese, fruit, fish, and meat set up their storefronts alongside those marketing spices and oils. 6 – SHOP FOR FINELY CRAFTED LEATHER GOODS FROM LOCAL VENDORS Florentine was widely renowned during the Renaissance for crafting finely made leatherwork.
Reading Time: 5 minutes While it seems like corporatemeetings have existed since corporations themselves, the generations attending them have changed over time. And with each new generation comes new challenges for meeting planning. DEMONSTRATE CULTURAL INCLUSIVITY Whether you are hosting the meeting in the U.S.
Many public golf courses and private golf clubs offer special event party packages for intimate gatherings, like anniversaries, corporatemeetings, networking events, and birthday parties. Research a variety of venues and vendors, and ask for recommendations from local event professionals or party planners.
Offsite meetings also remove interruptions such as customers or suppliers, phone calls, emails as well as disruptions by coworkers like shoulder-tapping, clutter/disorganization, gossip, or micromanagement just to name a few. You can do so in many ways, from using local vendors to treating attendees to cultural events in the evenings.
Inflation, labor shortages, increased travel costs, and supply chain issues are driving forces for cost containment. It’s estimated that in 2023 meeting costs will be twenty-five percent more than they were in 2019 due to these increased costs. ( venue space, accommodation needs, food and beverage, transportation, travel, etc.),
Strategies For In-Person Meetings Use local vendors When you choose local vendors for supplies and services, you greatly decrease the amount of fossil fuels emitted, and air pollution created, in two ways: The vendor does not have to transport the goods a long way or travel a long distance to provide their services.
PRO TIP: Don’t forget to consider other vendors or partners who may be involved in your meeting or event! For example, large-scale outdoor festivals (including attendance for incentive travel activities) may face different security issues than indoor corporatemeetings.
Determine how these relationships help your meeting effectiveness through better collaboration, improved teamwork, and more innovation or opportunities. Swag bags created with an intent to eliminate excess materials or trash promote environmental sustainability and minimize excess bulk for participants when traveling.
DMCs can create bespoke travel experiences, offer local knowledge, simplify logistical nightmares and inject creativity and innovation into event planning. They can plan any type of event from corporate events to corporate conferences, team-building retreats, product launches and gala dinners, so every event is memorable and flawless.
BizBash Founded in 2000, BizBash creates print and digital publications, hosts events, and provides resources for corporate event and meeting professionals, event marketers, and executives. The site features a hub of articles, interviews, blog articles, and weekly e-news to help corporate event professionals stay on top of their game.
In short all your travel is taken care of by the DMC you work with. We help you find the best party venues for hire, whether you’re looking for a corporatemeeting space , a unique event venue, or a party hall. We manage all aspects of event planning, from logistics to vendor coordination, to provide a seamless experience.
American Express Global Business Travel New York, NY American Express Global Business Travel (Amex GBT) stands as the world’s premier B2B travel platform, offering software and services to oversee travel, expenses, and meetings/events for companies globally.
The least expensive time to travel is in December. Check the local regulations for the latest safety measures, including traffic/detours, weather, travel advisories, fire bans, and risk of forest fires. Incentive travel and meetings can be valuable for companies, key stakeholders, and top performers.
Featuring 12 buildings listed on the National Register of Historic Places, the 19 th century buildings in Victorian Village give your travelers the chance to learn about structures that have stood for centuries. WHY IS PHOENIX APPEALING FOR A MEETING? Do you need help planning a corporatemeeting or incentive travel reward to Phoenix?
Restaurants are highly sought-out venues for many events, from corporatemeetings to private gatherings, casual parties, and fine dining affairs. With built-in food service available , guests never have to worry about their food getting cold as it travels from the kitchen to the event. What makes restaurants great event venues?
These stakeholder considerations may include: Travel expectations Using a preferred brand for a venue or travel Perks and luxuries that stakeholders, attendees, and partners have been had in the past Ensuring time and space for meet and greets Consider travel and travel-related logistics. Consider security.
In the end, you will know how to properly evaluate all of your meetings to ensure that you are making the most cost-effective choices that will lead to better meeting results overall. However, you don’t want to completely forget about the “wow” details that can make a corporatemeeting enjoyable either.
The city has a well-connected airport and is within driving distance of several major cities, making travel convenient. There are plenty of options at PNC Park, so you’re sure to find a suitable space for your next corporatemeeting, fundraising event, or private celebration.
Effective budget management is what maximises the impact of your corporate events. Unexpected costs, vendor negotiations and fluctuating currency rates can all impact spending. Vendors and venues often offer discounts for advance bookings, which can lead to substantial savings. Local vendors can also be a great option.
Research Vendor Costs : Get quotes from multiple vendors for each category, factoring in their reliability and reputation. Allocate a Contingency Fund : Set aside around 10-15% of your budget to cover unexpected costs like additional tech support or last-minute travel needs. Use Eventtia’s budgeting tools to track expenses.
As a leading Destination Management Company (DMC), Uniqueworld offers unparalleled event planning and organizing services tailored to meet your specific needs. Our team has connections with local vendors and venues, ensuring you get the best services and rates. Clear goals guide the planning process and help measure success.
One study found that almost 60% of meeting participants care about local communities and the planet. ( 9 ) Activities that can take place around the venue or the community may provide ways for your participants to learn more about the area (and locals), create team challenges and make a positive impact of your meeting in the local community.
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