| | | | | | | | | | Dear Guest, Welcome to Meeting Escrow's monthly newsletter featuring articles related to financial & risk management solutions for meetings and events: 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 to learn how our financial solutions can help your organization | | | | | | Spain’s first Covid era events show what’s possible – and powerful | | | | Grant Snider, Meeting Escrow president, was invited to speak at the SpainDMCs recent convention on how our Advance Deposit Escrow solution is an ideal tool for DMCs and other suppliers to propose for clients seeking risk management solutions for their pre-paid deposits. Fay Taylor, President, MTZ Destination Management Company & President of SpainDMCs was delighted with the positive response from her DMC industry colleagues. Said Taylor, “many of us did not realize how flexible the escrow solution is and how it is a much better tool than bank guarantees or letters of credit to propose to clients”. Fay Taylor has also been working diligently on getting large live events back up and running safely in Spain, as described in this article, Meetings & Incentive Travel, April 14, 2021. | | | | | | Meeting Escrow supports COVID-19 relief aid in India | | | | Given health centres and citizens in India are overwhelmed by the virus, Meeting Escrow will be making a donation to assist in relief efforts for the COVID-19 surge in India to the Hemkunt Foundation through the SITE India Initiative.We stand in solidarity with our colleagues around the world with this crisis, specifically our Business Development Colleague of the Asia/Pacific market, Nitin Sachdeva based out of New Delhi. | | | | | | | | | | | | According to the latest Northstar UK PULSE Survey by Paul Harvey, almost three quarters of planners are currently focused on booking or researching live, in-person events. This is a reminder for planners considering the use of financial risk management solutions such as bank guarantees, letters of credit or escrow solutions for advance deposits, to do so early in the planning stages and definitely before signing vendor contracts. To learn more, book a discovery call with one of our Meeting Escrow specialists: https://calendly.com/meeting-escrow-team/discovery-meeting-mt30mins-ns-ll-lh | | | | | | Rebuilding traveller confidence in the wake of COVID-19 | | | | As reported in Phocuswire, April 27, 2021 - COVID-19 has pushed the risk management mandate up the corporate priority ladder. There was 9-11, SARS, the market crash in 2008, now COVID-19; what’s next? Accelerating recovery will be the need to include a plethora of tools for the “risk management” toolbox. Risk management recovery requirements include physical health and safety, contract flexibility and financial security. At Meeting Escrow, we provide many financial trust solutions to make sure that event planners can book future meetings and event with confidence. Please book a discovery meeting with one of our specialists and learn how our tools can assist your organization: https://calendly.com/meeting-escrow-team/discovery-meeting-mt30mins-ns-ll-lh | | | | | | U.S. Hotel construction pipeline remains strong | | | | As reported in Lodging, May 3, 2021, according to Lodging Econometrics’ (LE’s) Construction Pipeline Trend Report for the United States, the total U.S. construction pipeline remains strong in spite of the pandemic travel restrictions. In fact, projects and rooms in the early planning stages are up significantly year-over-year. | | | | | | | | | | | | | | | | UPCOMING EVENTS WHERE WE HOPE TO CONNECT: AIPC, Annual Conference, July 9-14, 2021, Lausanne (hybrid)
ConferenceDirect, Annual Partners Meeting, Sept. 19-23, 2021, Las Vegas (in-person) Direct Selling Association, Annual Meeting, Oct. 31-Nov. 2, 2021, New Orleans (in person)
IMEX America, Nov. 9-11, 2021, Las Vegas (in-person)
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