Ways to Protect Your Event when Rebooking

Putting off firm decisions about rebooking a scheduled event might seem like a prudent choice. But as a growing number of postponed meetings and conferences are being pushed to late 2020 and early 2021, industry insiders warn that such a wait-and-see approach could pose greater challenges for planners than taking the leap and rebooking now.

Why a Wait-and See Approach Might be Riskier than Rebooking your Meetings Now by Northstar Meetings Group

There are ways to protect your event when rebooking. Work with the hotel and other vendors on attrition and cancellation clauses. There are also financial risk-mitigation tools available to assist you when it comes to the postponement of your events. Consider using a third-party financial company to hold payment deposits in escrow.