Signed contract + budget cut + penalties = HELP!!!December 5, 2012
DESTINATION: North America
SITUATION: We’ve all experience budget cuts, but this client’s budget was cut some time after the contract was signed and they no longer had the funding to cover the expenses and would be subject to penalties. Now What?
SOLUTION: Global Cynergies’ has placed programs with over 170 brands within 125 chains. Our Account Executive worked with the brand global sales office and presented a business case to move the meeting from the original property to another within the brand that would better fit the client’s current budget and objectives. Assistance after the contract!
BENEFITS: The client was able to hold the meeting at an alternative venue within the reduced budget without incurring any residual penalties. The brand was able to retain the meeting by moving the conference and also benefitted by opening up space at the originally contracted property which was in a higher demand destination. Everybody wins!