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Our businesses are quiet and dark, and being someone who has attended thousands of events in his lifetime (let alone built a business in the hospitality industry), this kind of silence is something I never thought I would witness or experience. Say I’m a restaurant and catering company. And I have 3 employees that make $110,000 each.
You’re here because you’ve realized you need event insurance and have questions. . This guide will walk you through everything you need to know: Why you need event insurance. The different types of event insurance. The cost of event insurance. And even obtaining a certificate of insurance for the event. .
This has especially been the case for businesses in the events, hospitality and restaurant industries, which have suffered much more than others when it comes to staffing shortages and employee retention for both management and service workers. Another says that 59% of hospitality and food service staff won’t be coming back.
.; Mindshare, media buying) Photo: Courtesy of Nutella STATE FARM AND T-PAIN: THE COLLAB YOU DIDN’T KNOW YOU NEEDED Back for a third season, State Farm’s “Gamerhood” live-streamed gaming competition is still aimed at Gen Z and packed with obstacles that serve as “insurable moments,” but the program has gotten a total design refresh.
On top of that, there’s a special Peerspace Host insurance policy to give you added peace of mind. The policy offers $1 million in liability insurance for hosts. And Peerspace’s simple and precise search features work to ensure that your target renters find you !
Making vendor connections can happen anywhere, but our experts recommend that venue owners start with attending local networking events for event planning professionals as well as asking around about vendors that stand out in your local hospitality industry. Safety is a huge priority when considering operations,” said Dianne.
Monique Jeffrey, CSEP/VP of Operations, Bramble Hospitality. Monique has spent the last 10 years as a certified special events professional (CSEP) and the VP of Operations with Bramble Hospitality, helping them run, manage, and grow their two wedding venues, Willowdale Estate and Briar Barn Inn. Pricing and packaging your services.
Hidden expenses to consider These often-overlooked costs can affect your budget if not reviewed carefully: Service charges reaching up to 27% of total costs Setup and teardown fees Insurance requirements Parking charges Technical equipment fees Labor costs for AV monitoring Box receiving charges Administrative fees Budget management works best with (..)
The dawn of the COVID-19 pandemic was a nightmare come true for the hospitality industry. To add even more pressure, the event management software Andrea depended on was in the process of a buyout and transition as the full force of the pandemic hit the hospitality industry. And then the whole team is alerted of those changes.
Ensure adequate insurance. Plan for guest engagement and hospitality. Double-check if any permits, insurances, or licenses are required to host your event, and ensure they’re procured. Ascertain that you’re covered for any liabilities, especially with large crowds or valuable inventory at stake. Guarantee technical support.
Top industries include pharmaceuticals/health products, insurance, electronics, and business associations (Center for Responsive Politics, 2018). Fourth city in which Ford will debut its self-driving vehicles (CNN, 2018). Access to 11,270 lobbyists who spent $2.59 billion in 2018. Washington’s landscape is ever-changing.
cash bar) and discuss additional permitting and insurance requirements early on. Do you have additional event insurance or do you need me to provide you with a carrier? Thats why Peerspace provides insurance to protect hosts in situations involving liability claims. Do you plan to bring and/or sell alcohol?
The National Restaurant Association Show welcomes hospitality professionals from May 17-20. This network has hospitality experts, venue managers, sales professionals, and entrepreneurs from downtown and suburban locations. Insurance Needs Commercial General Liability insurance is the foundation for Chicago corporate events.
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