Articles tagged “contracts”

Planners now have an AI co-pilot for contract review, but beware of some major blind spots. 

One of the hardest calls planners will be forced to make is to decide whether to move an event indoors. It’s also one of the riskiest.

A lawsuit over a hotel's alleged decision to replace a longstanding conference with higher-value NBA Finals business has been settled. But the dispute exposed a contract vulnerability many planners still overlook.

Make sure your CEO is aware that the decision to hold off on booking an event will mean limited availability, lower attendance, a stressed-out staff — and big bucks. 

Today’s uncertain business climate is putting pressure on planners to hold off on making decisions until the last minute. Not only does this put speakers bureaus in a tough spot, it can mean lost income for the speakers.

Event organizers can’t control global crises, but they can control their contracts, which are now a critical first line of defense.

Tariffs can trigger unexpected cost spikes for both planners and suppliers. Building flexibility into contracts through substitutions and force majeure protections can help mitigate financial surprises and keep events on track.

A fee for turning on the electricity? Or putting an item in the minibar to keep it cold? When it comes to unexpected and unfair fees, planners say the situation has gone too far.

Sick of event contracts? They're even more complicated post-pandemic.

Crafting the right attrition and cancellation clauses in event contracts is more important than ever. Despite continued uncertainty, planners can no longer count on the low rates and flexibility hotels offered at the height of the pandemic. Contract experts share their advice on how best to negotiate in the current climate.