Contractual Risks: Do You Know What You Are Signing?
Extensive contract reviews and negotiations are an integral part of planning and executing successful meetings and events. Hotel and vendor contracts are never originally written in clients’ favor. Without knowing what to negotiate, add-in or re-write, many clients have found themselves in sticky and expensive situations that could have been avoided.
Clear and consistent contracts minimize expenses, mitigate potential risks and ensure high levels of service and successful events. Aladdin Travel’s professionally trained team of meeting planners tailors each contract to the specific needs of clients and reviews every word of every contract. The primary goal is to minimize clients’ potential risk.
Our planners are specialists in contracting practices and industry trends. This knowledge allows us to negotiate better contracts as we navigate the ever changing meeting industry on our clients’ behalf. Our team has a collective 100+ years of experience in the industry and includes Certified Meeting Planners (CMPs) and a Certified Meeting Manager (CMM).
A well-crafted contract promotes good relationships and manages expectations. We cannot overstate the importance of contract negotiations when planning a meeting or event. Do you know what you are signing?
- Contractual Risks: Do You Know What You Are Signing? - March 27, 2017
- Sarahbeth experiences Portugal! - April 28, 2015