You know the routine: Call for a flight the day before you want to travel, and be prepared to open your wallet and shell out the big bucks for your ticket. Now multiply those last-minute fees by the number of meeting attendees, then add in higher costs for the hotel, the catering, the audio/video equipment… and you can kiss your budget – and your beauty rest – goodbye.
Couple that with the fact that the lead time for meetings is getting shorter and shorter (the average for meetings of up to 100 attendees is 90 days or less, according to a Meetings Monitor survey), and meeting planners’ lives are getting more and more hectic.
But planning a meeting with a short lead time doesn’t have to be a huge headache or a drain on your bank account. Here are some strategies to help keep costs – and your sanity – firmly in hand:
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