The main revenue source for this particular meeting venue is the sale of sleeping rooms?
What is a hotel?
The main revenue source for this particular meeting venue is the sale of meeting space per square foot.
What is a convention center?
"Contractual" agreements between convention centers and meeting planners are referred to as:
What is a License agreement?
This is a contractual obligation of one party to compensate the loss incurred to the other party due to negligent acts. The duty to "hold harmless" or "save harmless".
What is Indemnify?
These trips are a method of promoting a destination or particular facility to a meeting planner. they are no-cost or low-cost trips for planners to personally review sites for their suitability for a meeting. These trips may be arranged by a DMC or a DMO.
What is Fam (familiarization) trip?
A strategy widely used by conference centers for charging a per person fee inclusive of sleeping room, meeting space, food & beverage charges, and audio-visual services?
What is a Complete Meeting Package?