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October 2020

   

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.

   

Top 25 Influencers of the Meetings Industry

Congratulations to this group of astute leaders of the Meetings Industry, selected by M&C editors. Saying this year has been challenging is an understatement, all of which put their plans into overdrive to develop solutions and plans for recovery. They’re leaders in every sense of the world working tirelessly for the betterment of the meetings industry, paving a path for all of us to weather this storm and come out better in years to come.

   
     

Meeting Escrow Advisory Board Update

At our recent Advisory Board (virtual) meeting, we had the opportunity to share some of the many exciting developments at Meeting Escrow since our last meeting which took place just prior to the global COVID-19 lockdown.  We reviewed several COVID-19 case studies showcasing how our solutions worked with program cancellations and postponements and how deposit funds were settled, resulting in a win-win for suppliers and clients.  Thank you Rudy AlofsBrett BarrowmanLori Cioffi and Martin Sirk for your continued insights and strategic guidance.
     

COVID-19: Malaysia hosts seamless event for 4,500 delegates

As Professor Dr. Markus Stucker, GSP President, says “the venue’s safety measures were no hindrance: just like we got used to wearing masks in the supermarket, it’s no problem to stick to the rules of hygiene during this congress.”

     

Key Insights From the 2020 Incentive Industry Roundtable

Legal expert, Jonathan T. Howe on event liability, discusses that proving a venue is responsible for a participant contracting COVID-19 is difficult since an incentive program, meeting or event results in a lot of exposure making it difficult to pinpoint.

     

How CVBs Are Surviving in the Age of COVID-19

With revenues from hotel occupancy taxes down severely, convention and visitor bureaus are examining alternate ways to find funding and stay relevant. COVID-19 has forced DMOs around the world to rethink its financial model and service offerings. Did you know that one of Meeting Escrow’s many financial service offerings includes start-up financing to Local Organizing Committees that are hosting international events?

     

Industry News

UPCOMING EVENTS WHERE WE HOPE TO CONNECT:


IMEX America / PlanetIMEX, Oct. 12-16, 2020

SITE Canada Education Day, Oct 28, 2020 

   
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