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The Future of Meeting Planner Commissions

How Communicating Can Help Grow Your Career 🗣️

WINTER SPRINGS, FLORIDA, USA — June 17, 2024

Hey, you ever notice how the world feels like it’s in constant chaos?

Wars popping up, economies shifting, and then there’s the whole election year drama. But let’s cut through the noise and talk about something under the radar that’s actually shaking things up: meeting planner commissions.

Before “The VID” hit, meeting planners were raking in a sweet 10% commission.

This was the gold standard, the norm.

Then, right before the pandemic, it got slashed to 7%.

Imagine getting a third of your paycheck swiped overnight. It was a gut punch to the industry.

Then, The VID threw everything into disarray.

Even as things started to bounce back, that 7% stuck.

It was the new normal, and it sucked.

But here’s where it gets interesting: as the economy shifts again, those commissions are climbing.

We’re talking 10%, 12%, even hitting 15% in some cases.

What’s this tell us? It’s a signal.

Future bookings are slowing down, and hotels are feeling it.

They’re upping their game, offering more to get planners on board.

This isn’t just about money; it’s about the industry’s resilience and adaptability.

So, what’s the takeaway here? Embrace the change.

Look for these subtle shifts that others might miss.

Every challenge is an opportunity to grow and innovate.

Stay sharp and be ready to pivot when needed.

The future’s uncertain, but with the right mindset, you can navigate it with confidence.

Here’s what you do: keep your eyes on these commission trends and let them guide your moves.

The market might be a wild ride, but your ability to adapt is your superpower.

Let’s turn these changing tides into opportunities.

Stay smart, stay flexible, and ride the wave. 🏄‍♂️

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