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April 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 to learn how our financial solutions can help your organization

     

3 Things every planner should know about event Insurance vs. deposit escrow accounts

“If we purchase event insurance, should we also consider escrow accounts for our advance deposits?” This is one of the top questions we get asked by clients.The answer is a definite “yes”! You should consider both solutions because event insurance and advance deposit escrow are different but complementary components of a solid event risk management strategy.

     

$1.5 trillion global meetings industry celebrates that meetings are expected to bounce back stronger than ever

GMID 2021 (Global Meetings Industry Day) took place virtually all over the world on April 8th. Hosted by MMB (Meetings Mean Business), various industry associations such as MPI, SITE held their own agendas, discussing various event industry topics. As reported in Northstar Meetings Group, April 9, 2021, MPI (Meeting Planners International) key takeaway focussed on the value and purpose of meetings and preparing for recovery. Preparing for recovery includes a potential staffing shortage to manage the expected pent-up demand – this is music to everyone’s ears. 

   
     

Silent victim of the pandemic: the knowledge economy

At Meeting Escrow, we couldn’t agree more with this article posted in M&C/Asia, April 1, 2021. Many deals, innovations or “ah-ha” moments, happen over a glass of wine, in a boardroom or at the golf course. There are just some things that can’t happen over a screen.  
     

Cruise incentive trips are on the rise from Indonesia's corporate market

M&C/Asia, March 26, 2021, One thing's for sure, local corporates are "keen to get back onboard". One locked-in year on, cruise incentives still prove to be a huge hit for Indonesia's corporates, and, according to one planner, even more so than land-based incentives.
     

Details of pilot events in Liverpool emerge as business & cultural sectors reopen

M&IT Magazine, April 6, 2021, The Government has announced details of the pilot events to be held in Liverpool that will form part of a science-led research programme to reopen the business and cultural event sectors.
     

Industry News

     

UPCOMING EVENTS WHERE WE HOPE TO CONNECT:

AIPC, Annual Conference, July 9-14, 2021, Lausanne (in-person)

ConferenceDirect, Annual Partners Meeting, Sept. 19-23, 2021, Las Vegas (in-person)

IMEX America, November 9-11, 2021, Las Vegas (in-person) 


   
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