Hotel Sourcing Tips #26 - Why plan NOW for meetings and events for 2023 and beyond?

1. Due to compression and other issues, you may find it difficult to find space for 2023 – even for later in the year – contract sooner rather than later.
2. The hotel industry is still struggling with staff and supply shortages, so capacity may be limited for your preferred dates. 
3. Wait too long and you could miss your desired location, hotel, or venue.
4. Avoid planner burnout – continued short-term meetings may not be sustainable for the staff. 
5. The short-term booking window can result in higher event costs. It just makes “sense” to budget and plan more than 90 days out! 
6. Costs keep rising – lock in rates when you can now! 
7. Now may be the time to hold a meeting in Europe – take advantage of the best exchange rates in 20 years! 

It makes good business sense to plan your meetings and events for the future now.  Longer planning times pay off in terms of your staff’s well-being, quality of the event, participant attendance, and overall budget. It hasn’t gotten any easier this year, in fact there are more variables than ever, so if you haven’t already, start the process now.  

Why not let us help save you time and money, at no cost or obligation? It’s what we do all day, every day! Contact us today at info@globalcynergies.com to get started!