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Best of 2023: Event Contracts and Budgeting

Smart Meetings

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.

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Before You Sign That Contract: 5 Hotel Contract Tips For Novice Planners

Endless Events

Event planners and event managers have all been through a steep learning curve to master the art of creating successful event experiences. From managing event timelines to event budgeting, event profs have a lot on their plates. However, depending on your hotel contract, you can get away with not filling up all of your rooms.

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MICE professionals

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Your Event Goals Should Determine Your Venue Contract — Not The Other Way Around

Endless Events

Newbie event planners will often pick a venue, negotiate a deal with them, and sign the venue’s provided contract. . Your venue should fit with your existing event management, strategy, creative, technology, and production needs. Here’s how your event goals can (and should) change your venue contract in those areas. Management.

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How DMCs Can Help You Manage the Unexpected

ADMEI

How DMCs Can Help You Manage the Unexpected 13 December 2023 You’re probably already familiar with this popular phrase in the hospitality industry: expect the unexpected. What is Risk Management? Incorporating risk management is essential for every event professional. Is another expected? Are you protected if things change?

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A Breakdown of Post-Pandemic Contract Clauses

Smart Meetings

Ty Sheaks, attorney at Texas law firm McCathern PLLC , author and faculty advisor for International Association of Venue Managers (IAVM), joined this week’s Smart Chat Live!, Post-Covid Contract Solutions.”. Local laws can impact your contract and your options for termination, recovery and liability, Sheaks explained.

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Event-Contract Sticking Points: A Practical Approach

MeetingsNet

Three industry veterans share their advice on crafting contract terms and clauses that meet the needs of host groups, not just host venues. Another tactic, said Jeff Duncan, president and CEO of room-block management firm Meetingmax, is to put forth a “BATNA,” or best alternative to a negotiated agreement.

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6 Best Ways To Save On An Event AV Contract

Endless Events

I will break down the best ways to save money in an event AV contract without compromising your event. Through the extremely valuable web session conducted by Jon Trask, I will break down some key savings opportunities in an event AV contract. Many times event av contracts bill by hours or days. Duration of Equipment Rental.

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