How to negotiate like a professional meeting planner
Meeting and event planners across North America understand all too well the cringe-worthy hidden fees and questionable clauses in some event contracts. Yet knowing how and when to protect your client when booking your meeting can be a full-time job in itself. By identifying and understanding a few key items when contracting meeting space, you can turn an often confusing negotiation into a piece of cake.
Check out our top 5 items to consider when booking your meeting
Choosing your Event Date
- Never assume! It isn’t wrapped because you’ve locked on dates with your exec’s availability (although a little celebration may be in order). Finding a working time frame at your preferred venue can be a whole new challenge. Staying flexible is key. Hotels may not have your exact pattern preference, but if you are able to switch a date here or there, choosing a date will be a breeze.
- Also, “Value dates” are worth serious consideration for those on a tight budget. If you can remain flexible, finding a premium meeting space at a lower rate, or spare funds for that killer experience evening event may be easy when booking a Value Date.
- Ensure you review bedroom and travel requirements with your client before submitting your Request for Proposal.Questions that should always be on the list: When will attendees need to arrive in order to attend a welcome reception or first session? Will they need to come in the night before? Do attendees room with another?
A good practice is to block a mixture of single and double room types so you can accommodate the masses.
- Also a three to four weeks pre-event hotel room deadline is standard. By making sure to educate your attendee of these dates you can safely guarantee the room rate.
- Negotiating should be the event planners kryptonite! You need to put your negotiation hat on to ensure you are getting the best possible program for your client when it comes to attrition and venue fees.Concessions: Ask for what you need. You’ll be surprised by what you’ll receive. Internet, rebates, upgrades, are all areas to keep in mind.
Tips for your schedule of events
- When blocking your meeting space don’t forget to include set-up and tear-down time. What you contract is what you get!
- Ensure you block meeting rooms for event staff, executives, and they are part of your initial RFP not an afterthought. We recommend a war room with windows! And chocolate, always chocolate.
- 24 hour holds are a meeting planner’s best friend. It ensures flexibility for those last minutes changes that may occur on your agenda
We consider this a handy little check list when booking a venue. What are tips and tricks that you’ve picked up along the way?