At a time when some companies are scrubbing DEI from their websites and annual reports, others in the meetings industry are speaking out about the importance of diversity.
Trump-imposed tariffs on imports from countries including Canada, Mexico, and China are forcing event planners to navigate rising costs and operational uncertainties.
Tariffs can trigger unexpected cost spikes for both planners and suppliers. Building flexibility into contracts through substitutions and force majeure protections can help mitigate financial surprises and keep events on track.
As policy shifts create challenges for business events, Nicola Kastner, CEO of the Event Leaders Exchange, has voiced her concerns on LinkedIn. The industry response she has received highlights the need for advocacy to protect in-person gatherings.
Federal layoffs are sending shockwaves through the government meetings sector, leading to widespread event cancellations and millions in lost hotel revenue. The ripple effects extend beyond hotels to meeting planners, sourcing companies, and event tech firms who rely on steady government business.
The Trump administration’s new tariffs and government travel restrictions are dealing a blow to cross-border business events. With U.S. delegate attendance declining and high-profile cancellations like Canada House at SXSW, the industry faces mounting challenges.