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January 2021

   

Dear Guest, 

Welcome to Meeting Escrow's monthly newsletter featuring articles related to our financial & risk management solutions for meetings and events globally: advance deposit escrow accounts, foreign currency exchange protection, single vendor payment management, event insurance and VAT recovery.

Book a discovery call with a Meeting Escrow specialist and learn how our trust account solutions can help your organization

     

Smooth sailing for Meeting Escrow clients throughout COVID-19 crisis

In 2020, Meeting Escrow’s solutions helped clients during COVID-19 with cancelled and postponed programs.  Read about how the solutions worked well for both our client and their vendors.

     

Mergers and Acquisitions – A Top Trend for 2021?

Blog post written by:  Liz Holtby, Meeting Escrow.  

I came across this recent article, “Mergers and acquisitions among top trends for 2021, says HBAA”, which I found particularly relevant given event industry suppliers are experiencing the most significant liquidity crisis ever. Mergers between hotel chains, DMCs and other meetings and incentive suppliers could be a foreseeable reality to stay alive in this economic environment.

   
     

Meeting Planners Salary Update: Event Organizer Jobs to Return Post-Vaccine

As featured on December 21, 2020, in Northstar Meetings Group, a meetings industry hiring expert says event-organizing firms will have the upper hand when job openings become available again, and compensation might be lower than the $87,251 pre-Covid average from the 2020 Meeting Planner Salary Survey.
     

Mexico Saw a Holiday Bump in Tourism Amid Pandemic Surge

As reported on January 12, 2021, Meetings & Conventions, Quintana Roo, the country's tourism crown jewel, welcomed more than 900,000 tourists spanning the end of 2020 and the start of 2021.
     

Greater Miami CVB books its first major citywide 2021 conference

As reported on December 15, 2020, in Conference & Meeting World, The Greater Miami Convention & Visitors Bureau (GMCVB), in partnership with the Miami Beach Convention Center (MBCC), has secured its first conference booking for 2021 and is cautiously optimistic about the outlook for the New Year.
     

Scottish Government announces £13m of new funding for events industry

As reported on December 15, 2020, in Conference & Meeting World newsletter, The Scottish Government has announced new funding of £13m (US$17.3m) to provide further support for the events sector in the country, much of which has been unable to operate during the Covid-19 pandemic. Of this, £6m has been committed for the establishment of a new fund which will open this week to support event businesses which are critical to Scotland’s events sector, and without which the capacity to deliver major events would be significantly reduced.

     

Industry News

     

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