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Evolution of the DMC: Renewing Business Relationships with Deeper Trust, Transparency and Understanding

ADMEI

Destination Management Companies (DMCs) are at the core of the MICE industry. Calvert and Harris represent a cadre of high-level industry executives who have articulated the importance of Destination Management Companies to the hospitality industry. PROPOSAL PROCESS.

Proposal 184
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Evolution of DMCs: Deeper Trust, Transparency and Understanding

Smart Meetings

Destination Management Companies ( DMCs ) are at the core of the MICE industry. They develop the bid, hire and manage subcontractors, relate to all outside agencies for permits, insurance, etc., manage the finances of the job, provide constant supervision on site, and overall project management. DMC Value.

Proposal 162
MICE professionals

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The Advancement of DMCs

ADMEI

More specifically, DMCs are reevaluating their existing proposal, site-inspection, time tracking, contracting, payment, and procurement processes, as well as their overall pricing models. To achieve this, DMCs are working together to develop improved business practices and standards.

Affiliate 130
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Confident planning strategies for the return of incentive travel 

The MICE Blog

As COVID has not completely gone away, what is your contingency plan if one of your team members, an employee or a speaker contracts the virus? Another factor is the insurance needs. Some countries request some insurance, with policies that allow for COVID coverage, and then we especially include the group restrictions.

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in CONVERSATION - The Concepts Collection

inVOYAGE

Based in Cape Town, the Concepts Collection incorporates both event and full destination management and are renowned for creating distinctive luxury experiences across Southern Africa. They understand better than ever the cancellation clauses and insurance implications. The signs are encouraging though.

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Meetings Due Diligence in the Aftermath of a Disaster

MeetingsNet

Note that to claim a “frustration of purpose,” the purpose must be clearly stated in the contract so that both parties are aware of it. . If you have to pay a minor amount on the original contract, but you will more than make up for it by moving your meeting to a location where people want to go, it’s a good business decision.

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IRF 2021 Trends Report: We asked the One10 Xperts

One10 Marketing

IRF Trend: Contracting and Contingency Planning Are More Important Than Ever. As planning disruptions became the norm in 2020, the contracting process is becoming more scrutinized and contingency plans are a necessity. This is where Destination Management Companies (DMCs) come in, and our team couldn’t agree more.

Trends 64