Demand for meetings and incentives has rebounded over the last few years, and with that we’ve entered a strong seller’s market. With more meetings and events than hotel space available, you may feel pressured to compromise on venue sourcing. In fact, we recommend our clients source their programs 18-24 months in advance to secure space for future events.
Negotiating with suppliers in a seller’s market is a top challenge for event planners. And it’s no wonder. A recent survey of our own Maritz Travel buyers found that:
In this climate, we see that hotel costs like rooms and fees are increasing the prices of hotel sourcing overall and eating up more of your budget than ever before — without adding additional value.
If you’re spending too much of your budget on event sourcing, it’s time to partner with a corporate event management company that negotiates the best rates on your behalf. The best event sourcing partners:
Maritz Travel’s unparalleled buying power and preferred supplier relationships deliver great rates and concessions for our clients.
We work behind the scenes as an extension of you and your team, freeing you up to focus on other event priorities while we handle all the sourcing details, and get you the best deals for your event.
Last year we helped our clients manage over 4,000 events around the world. This size and scale allow us to help our clients achieve cost savings and favorable rates in a seller’s market. That means you spend less money and time on sourcing while reaping the rewards of more effective business events for your company.
In fact, in 2015, we:
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