Tips to create an event brief to maximise profitability

We all want our events to run smoothly and get the best value for money from our suppliers. We’re looking at writing an event brief and how to make it attractive to hotels and venues as well as managing the event costs. Here are a few ideas that will help you get the best response to ensure your event runs smoothly.

Make the conference or meeting attractive to the venue or hotel

If you can demonstrate the value of holding the event at the venue, then you’re likely to get a better rate. Some of the things that you might want to include in the event brief are:

  • Information about your company. How many events you hold. Whether there’s the possibility of the venue hosting several of them.
  • The event details. Is it a new meeting, if so, could it be repeated at the same venue for a possible 2-year deal? Is there scope for growth in the future? Or is it an established event which means that you can demonstrate the attendance, accommodation pick up, food and beverage consumption etc?
  • Know your budget, both the overall spend and breakdown of items. Do you need timed coffee breaks or all-day servings? Will the meals be buffets, standing or seated, or a 3- or 4- course served meal?
  • What are the event objectives? Make it clear exactly what you and the attendees need while they are onsite. That way there are no surprises for the venue later.
  • Give the venue as much detail as possible. Can they assist with local suppliers for better rates on transport, team building, leisure activities etc?
  • Plan the space that you need and make it clear to the venue. That’s not only the meeting rooms, but the catering space and networking areas. Do you need it for exclusive use, or will it be shared with other companies?
  • If you can, be flexible with dates. If a venue can fit your booking between ones already in the diary and it fills a gap, this makes it more attractive to them.
Be flexible with your event brief
  • Accommodation – will it be booked by the attendees or from a rooming list supplied by you. The less work that a hotel does to manage the accommodation bookings the better.
  • Highlight if you are detailing with a preferred partner or preferred group. If the venue can verify that your event is an attractive piece on business, then they will want to work with you.
  • Tell the venue your decision-making date, deadlines and milestones as this will help them work with you. If you have dates planned for site visit, then let them know and whether you’d prefer to see the venue empty or with an event running there.

Factors to consider in your event brief

  • Work out what needs to be booked as far as possible in advance to gain the best rate as last-minute buying leaves less room to negotiate and increases the costs. However, if you don’t know some of the detail, leave that until later to confirm as you don’t want to book something and then have to cancel.
  • Get a quote from the in-house technology supplier and if there’s chargers for bringing your own supplier. Ensure this is negotiated and contracted at the time of the booking. You don’t want to find that you have unavoidable cost later.
  • Is there free WIFI and is it secure and good enough for your speakers, organisers and attendees? Adding a secure network can be expensive, so make sure you know the cost in advance and contract it.
  • Are there any costs for loading and unloading equipment? Consider the costs for setup and breakdown, can these be included or provided at a reduced rate? Are there any time restrictions in place?
  • Meeting room set up – find out if there are costs for changing a meeting room set up. In some countries there may be labour costs if rooms are changed during the day.
  • Do you need overnight hold of all the space? The answer is ‘yes’ if you have a two-day event with a/v equipment. You don’t want to find that the venue sells the room for a dinner while you are not using it in the evening.
  • Don’t find that you have unused break out rooms that you’ve paid for. Would it be possible to use the main room for a breakout session and save the room hire on an extra small room?
  • Use a template to compare costs from different venues against your budget. Check the prices and re-negotiate. Check the rates of other bookings that have been made in the same destination or with the same venue group.
  • Keep to the deadlines and contract, missing dates or trying to change details will at best irritate the venue and can also incur additional cost.

The best ways to negotiate

  • Ask for everything you want in your event brief. You won’t get it, but you will get some of the things you ask for.
  • The venue maybe prepared to give you items that add value to your event, that cost them very little but are of significance to you and the attendees. Bacon rolls on arrival, a proportion of the bedrooms in upgraded categories, some bedrooms with early check-in or late check-out etc.
  • Use a specialist? A venue finding agent is an independent 3rd party and may be able to negotiate a better deal than if you do business directly. For example, they may be placing more business with the venue or group and have good contacts there, so you can take advantage of their buying power. They also have a wealth of experience of many different events and can help you throughout the booking process.

EDGEvenues.com offers a free venue finding service, just email enquiries@edgevenues.com or call 01780 484051 for help or advice.

Corporate travel buyer budget forecasts at five year high

The number of corporate travel buyers forecasting bigger budgets for the year ahead is at a five-year high, according to annual research conducted by Business Travel Show. 41 per cent of buyers polled said they would have more money to spend on travel in 2020, compared to 33 per cent last year.

The volume of buyers predicting an increase in travel costs was also at a record high (49 per cent compared to 43 per cent in 2018) and there was significant uplift in those expecting to manage more trips (52 per cent compared to 33 per cent).

114 European buyers took part in this year’s Business Travel Show poll, 56 per cent from the UK, 35 per cent from continental Europe and 9 per cent from the rest of the world. 61 per cent of buyers responded control budgets in excess of £1m.

Other highlights from the survey:

  • 45 per cent of buyers polled will have more to spend on accommodation in 2020 – an increase of 16 per cent on 2019
  • 65 per cent are expecting to book more room nights, compared to 40 per cent a year ago
  • 41 per cent will have bigger airline budgets, rising 10 per cent over last year

Business Travel Show group event director David Chapple said: “Last year’s survey showed a downturn in numbers across the board – with fewer buyers predicting airline, accommodation and overall budget increases. This was unsurprising with Brexit on the horizon and businesses holding back on both decision-making and spending. These figures appear to show a return to form and are back on par (if not slightly above) 2018’s statistics, which is very encouraging news for the industry.”

100 new hotels planned for Travelodge

Budget hotel chain Travelodge has said it plans to build 100 new hotels across the UK over the next five years, creating approximately 3,000 new jobs.

Figures released by the hotel chain shows it saw an 8.8% rise in revenue, with income at £693.3m in 2018 ending 31 December. Adjusting earnings increased to £122m, up £9.6m.

Travelodge chief executive Peter Gowers told the BBC that strong growth in London was being offset by declining sales in the rest of the UK. He added: “These are uncertain times and we are not immune from the short-term challenges, but beyond, we remain confident that there are more opportunities ahead.

“We’ve invested in better quality and choice for our guests, while staying true to our budget roots.”

The chain has 575 existing properties across the UK. It has not yet been confirmed if the new hotels will be equipped with conference or meeting facilities.

Proposed cuts by City Council to Convention Bureau budget condemned by Edinburgh’s academic leaders

More than 75 of Edinburgh’s most respected academics and researchers have united in their condemnation of the proposed 2019/20 budget cuts to Marketing Edinburgh, as drafted by the City of Edinburgh Council last month.

Speaking in support of Convention Edinburgh, the business tourism arm of Marketing Edinburgh, leaders from across fields including medical sciences, paediatrics, ecology and data sciences, have voiced their concern that the cuts would not only damage the city’s future as a superior conference and meeting destination, but the ‘world-leading academic ecosystem’ Edinburgh is renowned for.

More than 75 members of the ‘Edinburgh Ambassador’ Programme, managed by Convention Edinburgh, have voiced their concerns through letters to councillors or by submitting their views through the City of Edinburgh Council consultation hub. Between them, they represent some ofEdinburgh’s most respected business, scientific and academic institutions, including all four of the city’s universities, Roslin Innovation Centre and Edinburgh Royal Infirmary. They have all worked or are currently working closely with Convention Edinburgh to bring prestigious and valuable conferences to the city, which have a lasting legacy for the Scottish Capital. From research collaboration to driving forward innovation, hosting conferences in Edinburgh benefits the city in the long term through economic and social progress.

With Marketing Edinburgh facing 89% budget cuts over the next two years, a reduction of £790,000, the future of the organisation and the Edinburgh Ambassador Programme is in jeopardy. This is a group of more than 540 academics and industry leaders who Convention Edinburgh support to bring conferences to Edinburgh.  Since 1998, Edinburgh Ambassadors have secured 1,348 conferences with 528,605 delegates to Edinburgh which resulted in an economic impact of £900M for the city. 

Felicity Mehendale, honorary senior clinical lecturer at the University of Edinburgh, said: “Without the professional expertise and help from Marketing Edinburgh, I would not have been successful in winning the bid for the four-yearly International Cleft Conference in 2021 – this will be the first time it has ever been held in the UK.

“Winning bids for prestigious international congresses brings significant business to Edinburgh and many repeat visitors. However, bidding is now extremely competitive, and we simply cannot rely solely upon the academic reputation of Edinburgh – we absolutely need an organisation like Marketing Edinburgh to help with the many aspects of conference bidding which is beyond our remit as academics.”

In a letter to City of Edinburgh Council, Dr Richard Reardon, senior lecturer in Equine Surgery, The University of Edinburgh University said: “Removing more than £0.5M from Marketing Edinburgh’s financial plans would leave Scotland’s Capital as the only major city in the developed world without a Convention Bureau. Who else will champion Edinburgh on a national and global scale as a conference destination? Who else will act as the critical lynchpin between academia and the city, leading on city bids and persuading associations to hold their conferences in Edinburgh? As plans currently stand, no-one will. I would ask that all Councillors play your part in ensuring their survival.”

Professor Jessie Kennedy Dean, research and innovation office, Edinburgh Napier University said: “Convention Edinburgh has assisted me in bringing several conferences to the city, without their help this would have been less likely to happen. Running conferences is work over and above normal academic duties, which brings esteem to the University, in addition to the economic benefits to the city and therefore plays a vital role in the success of Edinburgh’s institutions.”

Brian Corcoran, CEO, Turing Festival said: “Turing Fest brings many business visitors into Edinburgh every year. Our mission is to take that number – of investors, entrepreneurs, start-ups, global tech companies, technical talent, customers – up to 10,000 over the next few years, which will help establish Edinburgh internationally as one of Europe’s best tech hubs. Marketing Edinburgh has been a great support to us in our journey so far – helping source venues and hotels and creating synergies by connecting us to other operators in the city.

“Frankly, we are much more likely to be successful in creating the UK’s flagship tech conference in Edinburgh if there are resources like Marketing Edinburgh in place to help us.”

Amanda Ferguson, head of business tourism, Convention Edinburgh said: “Conferences foster knowledge exchange, innovation and networking, attracting world-leading specialists as delegates and speakers. As host city, this is a unique opportunity to showcase their research and Edinburgh’s strength in that field. This results in collaborative research, investment and ultimately jobs.

“Reducing our budget by such a large amount means we would no longer be able to support our ambassadors to bring conferences to the city and thereby deny the city important economic impact and opportunity to show case the strength of our knowledge economy.

“Without a body that unites public and private sectors in the city’s promotion and economic development, we will severely compromise Edinburgh’s ability to attract conferences. I would ask that Edinburgh’s Councillors work with us to find an alternative solution that will not jeopardise the good work underway by Marketing Edinburgh and our ambassadors.”

Business tourism is a significant contributor to the Edinburgh economy with delegates spending double that of a typical leisure tourist and critically coming out with the busy summer months. This helps sustain a year-round tourism sector in Edinburgh.  In 17/18 Convention Edinburgh confirmed 108 conferences, meetings and other corporate events with a total economic impact of £72m.

Edinburgh Councillors will vote on the city’s 2019/20 proposed budget on 21 February.