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Corporate Events Business Outlook Continues to Improve for 2011
Feb 3rd, 2011 by admin


As the U.S. economy continues its struggle to rebound in 2011, EIBTM reported some encouraging trends for the Meetings and Events Industry in their Annual EIBTM Global Industry Trends and Market Share Report.  While not completely out of the woods yet, the report highlights some trends that show significant improvements for the year ahead.

 

Highlights of the report include:

  • Corporate restrictions on business travel have eased significantly
  • Cost management for corporate meetings continues to be a key issue for Buyers but keen negotiations and a greater focus on “basics” is the driving force
  • Lead time for corporate meetings has shortened from 30-45 days
  • Incentive travel has also show a recovery, although not as dramatic as meetings
  • Average number of nights for incentive travel has decreased from 6.5 to 4
  • Greater focus on domestic or short-distance international destinations to reflect shorter trip lengths
  • Predictions for travel in 2011 and 2012 show a positive growth trend
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Consider a Cruise for Your Next Corporate Meeting
Sep 27th, 2010 by admin

There is a misconception among a number of segments of the corporate meeting and incentive travel industry that cruises are an excessively expensive choice for corporate meetings and incentive travel. When instead, choosing to arrange your next corporate event onboard a cruise ship can be extremely economical and can effect in sizeable cost savings when compared to corporate event destinations that are land-based.

According to a recent report published in Corporate Meetings & Incentives magazine, 34 percent of their readers had used a cruise for an incentive program and an astounding 72 percent said they planned to – a clear indication of where the industry is moving.

This is especially true when incentive travel and meeting planners take advantage of inviting packages offered when planning meetings with many attendees. The cost benefits can be even more if the majority of the attendees live nearby a port or cruise terminal, avoiding the need for air travel.

The notion of participating in a corporate meeting at sea event is additionally much more thrilling and intriguing to meeting participants, which results in them in reality looking forward to the voyage, to a certain extent dreading yet another incentive event where they use up hours locked in a boring meeting room in Omaha or Kansas City.

Onboard cruise ship activities and entertainment are an outstanding way to relax after a long day of meetings, and offer ample of options for days off. Stopping in fascinating ports of call also adds appeal to shipboard corporate incentive travel, and permits event participants to spend time enjoying attractions, dining, entertainment and shopping off the ship as well.

Plan your next corporate event on a cruise ship and you will find that attendees will be happier, more motivated and more productive as they enjoy the opportunity to both work and have fun onboard.

If you are planning a business incentive travel package, make it easy for yourself and delight your attendees when you go to Seasite.com start sourcing cruise event package.

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Using Travel Incentive Meetings as a Concession
Aug 30th, 2010 by admin

Not everyone in the office can get the big promotion and the corner office, but that does not mean that there are no other rewards to dole out to encourage performance and loyalty. In fact, some of those rewards can be tax deductible while simultaneously offering an immediate and direct benefit to the company, such as incentive travel where meetings or other events are part of the plan. Here’s how it works:

  • Corporate travel and meetings are very common, but usually the top few people in any department get to go. If a new promotion has been handed out, consider letting the runners up to the position go as sort of a second-place prize. This shows them that even though they may have come so close to getting that coveted promotion, that they are not truly that far away. Special perks are still available, and Joe’s corner office as much as perk as it is a ball and chain.
  •  It is usually best not to announce the travel meetings or travel events as a secondary prize before any decision making is done regarding who gets which promotion. Instead, try approaching the proposition of meeting travel as a conically prize as a way to reward those that try so hard to please and perform their duties with diligence. Loyalty and hard work deserve rewards, and those rewards are even better when they help smooth over potentially ruffled feathers while still putting the needs of business first.
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Are Shuttles Really Necessary?
Jun 11th, 2010 by admin

When planning corporate meetings and conventions, reserving shuttles to carry your participants from their hotels to the event location, from the event location to planned excursions or between multiple venues is generally taken for granted as part of the meeting planning process. Meeting and event planners automatically add a line for shuttle expenses to the event budget and usually assume this service is a must, even if the hotel is barely two blocks from the convention center. It would appear that having a shuttle has worked its way onto the essentials list, right along with tables, chairs and lighting.

While there be some circumstances where shuttles truly are a must, this additional expense is often unnecessary. Most cities with meeting and conference venues have plenty of hotels located within walking distance of event locations, as well as well-established public transportation systems that can easily and economically carry event participants to different venues or excursions. Most event venues also have dining options in close proximity.

Considering that most companies are still looking for ways to cut event expenses and many are on the lookout for easy ways to go green, cutting shuttle service out of your list of musts is an easy way to accomplish both goals. Before reserving shuttles for your next corporate event, take a moment to determine whether or not they are truly necessary. If most venues are in close proximity to one another and hotels are just down the street, shuttles may just be an extra expense that you can easily avoid without participant complaints.

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Is a Ship Charter Your Best Option for Your Next Corporate Event?
Apr 26th, 2010 by admin

It's a well known fact that cruising for groups, meetings and incentives offers outstanding value with savings of up to 40 percent off land-based venues, but is it right for you? According to a recent report in Corporate Meetings & Incentives magazine, 34 percent of their readers had booked a cruise for an incentive event and an astonishing 72 percent said they planned to book one – an unmistakable indication of where the industry is moving.

If you are planning a group cruise for your next incentive travel event, you may be considering whether chartering a ship would be a more appropriate option than booking reservations on a cruise containing unaffiliated passengers. It may or may not be, contingent on a number of issues.

Initially, it is valuable to understand your alternatives. When chartering a cruise ship, you frequently can pick between group, half-ship and full-ship charter options. Full ship charters clearly allow for the most freedom, customization, exclusivity and prestige, while group-level charters will probably be most economical.

All of these alternatives has pros and cons; but, they each present distinctive advantages for those event planners deciding if chartering a cruise ship is their top option.

In order for chartering a cruise ship for your next meeting at sea to be a good goal, you will need to have a definite number of attendees, a good idea of your event space requirements and the funds to make a significant financial commitment upfront, usually guaranteed by a letter of credit.

As soon as these things are in place, your next job is selecting the optimal cruise ship to fit your incentive event needs. This will need to include appropriately-sized meeting spaces, overall costs that are within your planning budget, a suitable itinerary and an overall quality that suits the level of service and prestige required by your meeting at sea client.

 

If you are planning a corporate incentive travel package, make it easy for yourself and delight your attendees when you go to Seasite.com start sourcing cruise event package.

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How to Increase Attendance at Corporate Meetings and Events
Apr 23rd, 2010 by admin

While we would all like to believe that if you plan it they will come, that is not always the case with corporate events and meetings. Employees and executives have so many meetings and events to attend in any given week that it can sometimes take a little extra effort to ensure that they will show up at yours. Fortunately, there are several simple ways to increase the appeal of your corporate events and business meetings, which will increase attendance and show your client or boss that you know what it takes to deliver the results they need.

Here are five tried and true ways to increase attendance at corporate meetings and events:

1. Invite an enticing guest speaker. Whether it is a trendy guru or a respected leader in your field, adding an enticing guest speaker to the line-up will significantly enhance your event’s appeal.
2. Choose an appealing venue. Folks grow tired of going to the same venue for meetings and events repeatedly. Switch things up by opting for a museum, theme park or cruise ship to increase interest.
3. Serve alcohol. While you might not want to serve alcohol during the annual stakeholders’ meeting, you can certainly arrange for a cocktail social afterwards. Alcohol always seems to increase the appeal of any event.
4. Arrange exciting entertainment options. People love to be entertained, which makes this an easy way to get folks interested in attending your event.
5. Stay in touch prior to the event and ask for confirmations. Send out regular reminders and updates as the date approaches to keep your invitees interested and involved. And, do not be afraid to ask them to confirm their attendance prior to the event.

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The Importance of Offering a Variety of Corporate Meeting Venues
Apr 14th, 2010 by admin

Corporate meeting planners always have to be on the lookout for attractive, affordable venues to add to their list of possibilities. Few companies want to hold meeting after meeting in the same location, particularly when it is clear that new environments can breathe new life into corporate meetings and can prove highly motivating. Even those companies that do not mind holding regular meetings at the same venue repeatedly will likely want a new location for bigger meetings or corporate events. Knowing that you are at least partially responsible for the success of the meeting, it is your job as a corporate meeting planner to ensure that your meetings take place in venues that provide the required logistics, as well as an environment that is conducive to productivity.

Naturally, you will have local hotels and banquet halls on your list of venue options, but it is also important to seek out unique locations to offer to your clients. For example, you may want to consider contacting local museums, wineries, landmarks, theme parks and zoos to inquire about their meeting facilities. If you are located in a smaller city or town, you should also familiarize yourself with the options available in the closest major city in your region. In order to accommodate your clients that require more unique options, you should also have information on hand regarding cruise ship meetings and venues located in popular corporate travel destinations around the world.

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Should You Plan Corporate Events and Meetings at Venues with Casinos?
Apr 12th, 2010 by admin

The general public has become much more interested in where companies large and small hold their meetings and events. Whether it is a local retailer or a major corporation, the very public follies of some well-known companies have increased public scrutiny when it comes to the money spent on events and travel, as well as the destinations chosen for corporate meetings and events. Cities known for extravagance and gambling – such as Las Vegas – are no longer an easy choice, even though these cities offer stellar meeting facilities, an array of dining and entertainment options, and well-priced accommodations and transportation.

Many companies continue to hold corporate meetings and events in cities seen as at least a little sinful, but they do so knowing that they will likely receive negative feedback from at least some of their stakeholders. Aside from concerns about public perception, holding meetings at hotels and resorts that have casinos is a great option that offers many benefits. Most of these venues have a variety of restaurants onsite, offer built-in entertainment options, provide great group accommodation discounts and have well-equipped meeting spaces. However, there is still the problem of public perception that must be considered.

Corporate meeting planners know that their participants tend to love casinos and all that comes along with this type of venue. Many of these planners have found an option that provides luxurious accommodations, cuisine for every palate, nightly entertainment, great group rates and the fun of onsite gaming without the negative perception that comes with casino hotels. The answer is a simple one: cruise ships. While most cruise ships have casinos, they have managed to avoid the negative reputation held by venues in Atlantic City, Las Vegas and other gaming towns.

Because cruise ships with casinos are not perceived the same as land-based venues with casinos, they are the perfect option for corporate meeting planners with clients concerned about public perception.

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Business Meeting and Retreat Venues in Salt Lake City, Utah
Mar 29th, 2010 by admin

Finding the perfect destination and venue for your next business meeting may be as simple as checking out the many options available in Salt Lake City, Utah. While this small city is perhaps best known for its ties to the Church of Jesus Christ of Latter-day Saints, which is headquartered there, it is also known as a center for outdoor adventure and is overflowing with historical and cultural attractions. With smaller town charm, an easy to maneuver downtown area, nearby ski areas, a major airport and numerous major hotels, Salt Lake City, Utah has much to offer to meeting planners and participants.

For an executive retreat or small meeting, planners might want to consider accommodation options like the Haxton Manor, a renovated historic home that is now a bed and breakfast with seven comfortable guest rooms. Guests will also enjoy a living room with a fireplace and comfy overstuffed chairs in the Boar’s Head Pub Room. Nearby meeting facilities can be reserved for planning sessions and meetings, while attendees will enjoy the many attractions in the area.

For larger corporate meetings, planners might opt for one of the major hotel chains with properties in Salt Lake City, such as the Radisson, Marriott or Sheraton. Each of these accommodation options also has meeting facilities, or meeting planners could change things up a bit by reserving a theater that sits over 500 people at the MegaPlex 12 at the Galaxy located downtown.

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Incorporating Luxury Spa Treatments into Corporate Meetings
Mar 8th, 2010 by admin

Whether your corporate event lasts for two days or two weeks, there are bound to be certain points where participants begin to get edgy, stress begins to take its toll, or energy and attention begin to wane. Even in the most interesting meetings this can happen, which can lead to lower productivity and decreased satisfaction among attendees. This is why savvy corporate meeting and event planners have begun to include spa treatments in their event schedules. These luxury extras are an excellent addition to meetings and a great way to perk up attendees, relieve stress and prepare them for a few more hours at the table.

This growing trend is particularly popular at resort hotels that house spas on the premises, which also makes the inclusion of spa treatments much easier to organize. When the equipment and staff necessary to conduct spa treatments is already in place, only minimal planning is required to provide this added luxury to your event. Popular options for spa treatments during meeting breaks include chair massages, foot massages, head massages and mini, instructor-led yoga sessions and stretching breaks.

If your venue does not have an in-house spa, you can still incorporate spa treatments into your event with ease by finding a local, mobile team of spa service providers or contracting with a local spa that can send over staff and equipment.

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