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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.
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Book a discovery call with a Meeting Escrow specialist to learn how our financial solutions can help your organization | |
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Zero positive Covid-19 cases at UK pilot business event | |
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As reported in CMW, May 28, 2021, Public Health officials and scientists in Liverpool, UK have found the city’s recent pilot events did not cause any detectable spread of Covid-19 across the region. | |
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Client confidence is rising but there is still a fear of commitment | |
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Northstar's UK Pulse Survey finds that although client confidence is growing, there is still a fear of commitment when it comes to moving forward with live events. Meeting Escrow's Vice President of Operations, Liz Holtby, shares her experiences after having helped clients with program cancellations and postponements throughout the pandemic in 2020. She outlines risk management strategies that can help clients confidently move forward with future events. | |
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MIS: The biggest live MICE event of the year in Europe | |
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This article in Kongres Magazine, May 10, 2021, got it right: “a professionally organised meeting is one of the safest places to be”. And by that, it means putting all the critical security measures in place such as: Antigen tests, FFP2 masks, ventilation of the venue and distancing. In addition to physical health & safety measures, this crisis has also made many organizations think about financial security. Meeting Escrow’s financial risk management tools provides event planners with assurance to rebook events safely and securely. | |
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Meetings Industry Association updates reopening guidance for sector | |
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M&IT, May 17, 2021, outlines the “Recovery Roadmap” on reopening of the business meetings and events industry safety guidelines. The roadmap includes best practices and standards in the industry adopted alongside government protocols driven by science and medical advice. At Meeting Escrow, we have been working hard to help clients and vendors secure future events. In addition to physical health & safety requirements, financial risk management tools are equally necessary so that clients can sign vendor contracts with assurance knowing that vendor advance deposits will be held securely in escrow. This is a win-win for both clients and vendors. To learn more about how escrow trust solutions can help your organization, please book a discovery call with one of our Meeting Escrow specialists: https://calendly.com/meeting-escrow-team/discovery-meeting-mt30mins-ns-ll-lh | |
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Is It time to rethink the DMC business model? | |
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A new white paper from ADMEI lays out ways planners can strengthen their relationships with destination management partners. The full white paper is available here. Also, featured is an interview with Lorenzo Pignatti, ADMEI president as well as CEO and founder of Italy-based TerraEvents, and Jill Tate, CEO of Boston-based Corinthian Events & Newport Hospitality, a DMC Network Company and a member of the ADMEI Focus Group/Task Force. | |
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Financial incentives from destinations around the world | |
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The United Kingdom is the latest destination to offer incentives to attract future group business. Applications have opened for VisitBritain’s Domestic Support Fund, a new initiative to kickstart the recovery of the UK business events sector. The £100,000 Domestic Support Fund is available for not-for-profit organisations and charities hosting meetings, conferences and events in the UK from 21 June to 17 December 2021. | |
| For more links to destination incentive programs, please click the link below. | |
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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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