Looking to plan an event but concerned about the costs involved? You’re not alone. Events can quickly become expensive, particularly when you take into account all the different components that go into making them a success. But fear not, because there’s a smart financial decision that can help you save money: working with a Destination Management Company (DMC) such as Astir Club.

According to a recent survey by the Professional Convention Management Association (PCMA), 85% of event planners who worked with a DMC reported cost savings. That’s right, by partnering with a DMC, you can create an event that meets your needs while staying within your budget. Here are just a few of the ways that a DMC can help you save money:

Negotiating power:

With established relationships with a range of vendors and suppliers, an experienced DMC like Astir Club has significant negotiating power. This allows us to secure better rates and discounts on everything from hotel rooms to transportation to catering. In fact, 84% of event planners who worked with a DMC reported cost savings due to vendor negotiation.

Experience and knowledge:

Planning an event in a foreign country can be intimidating, but a DMC with extensive experience and knowledge of the local market means they can help you navigate the various costs and avoid common pitfalls. For example, they can advise you on the best time of year to hold your event to avoid peak season prices or recommend a less expensive venue that still meets your needs. 83% of event planners who worked with a DMC reported cost savings due to local market knowledge.

Consolidated services:

Instead of coordinating with multiple vendors for different aspects of your event, a DMC can handle all of these components under one roof. This saves you time and effort and helps to streamline costs by eliminating unnecessary middlemen and markups. The PCMA survey found that 76% of event planners who worked with a DMC reported cost savings due to consolidated services.

Expertise in budget management:

A DMC like Astir Club has the expertise and tools needed to manage your event budget effectively. They can help you set a realistic budget upfront and then track your expenses throughout the planning process, ensuring that you stay on track and don’t overspend. The PCMA survey found that 81% of event planners who worked with a DMC reported cost savings due to budget management expertise.

In conclusion

By choosing to work with a DMC like Astir Club, you can create a successful event that meets your needs and stays within your budget. Don’t believe us? Let the statistics speak for themselves. The PCMA survey found that a whopping 85% of event planners who worked with a DMC reported cost savings. So why not consider partnering with a DMC for your next event and see the savings for yourself?