Budgeting

5 Simple Ways to Help You Save Money on F&B

Tracy recently spoke with Meetings and Conventions magazine on how to negotiate a hotel contract in a seller's market. Of the 12 tips "for getting what your group really needs" in the article, the three tips she provided were focused on food and beverage spend: [list icon="icon: check-square-o" icon_color="#d81c5c"] Custom-build your menus — work with your chefs directly Work the food angle to offset costs — "gang" menus with other groups Group events together — commingle groups to reduce duplication [/list] More from Tracy: There are few more ways I'd like to potentially help you save money on food and beverage at your next event while…

Read more

Event Budgeting

How to Keep Dietary Restrictions from Sinking Your Event Budget

Meeting planners are worried about many things when thinking about accommodating guests with special dietary needs, but one of the major fears is the cost. This concern needs to be addressed up front and throughout the planning and budgeting process with both your suppliers and your attendees so you aren't sinking your event budget. Take a recent question I received after a webinar I gave for Collinson Media. Cathy just hosted a conference for 4,300 people. Of the 458 special meal requests she received, 41 were halal and 12 were kosher. With seven meal functions during the three-day conference, that equated…

Read more