How to Save Money on Food and Beverage

Here are some tips for saving money on food and beverage.

  • Know your history. Will everyone who registers for the meeting eat every meal? By looking at historical patterns of how many people actually attend food functions, and how much they consume at breaks and at cocktail parties, you won’t pay for meals and drinks that aren’t being consumed.
  • Control what’s served. On breaks, food-service workers will often refill empty coffee urns to the top, even if there’s only five minutes left in the break period. That’s a lot of coffee—and cash—going to waste. Ask them to check with planning staff before refilling, particularly in the last few minutes of the break. Instead of filling up a full 10 gallons, maybe you authorize another gallon or two instead. Same thing with wine. Tell food service personnel to open one bottle of red and white per table and fill glasses only on request because many people don’t even drink wine. If a table requests more wine, have the servers check with the planner before opening another bottle. There may be half empty bottles unused at other tables.
  • Bulk breakfasts. For continental breakfasts, order in bulk, not per-person packages. The packages often include two bagels, three cups of coffee, two juices—in other words, more food than is necessary. By ordering in bulk, you can cut it in half, figuring people will eat one bagel, two cups of coffee, one juice, etc. And if it’s a full breakfast, offer buffet meals, not plated.
  • Use house brand cocktails and wine instead of premium brands.
  • Negotiate bartender fees. If you agree to a beverage minimum, negotiate to eliminate the bartender fees if you meet the minimum.
  • For cocktail receptions, use stand-up tables instead of sit-down tables. People are more likely to network, which is good, but also, they are less likely to hang around and drink and eat all night—saving you money.
  • Lines are OK, to a point. At cocktail receptions, don’t be afraid of medium-sized lines at the bar. Long lines are a no-no, but lines that are 5 or 6 deep encourage networking and discourage over-indulging on cocktails.
  • Meet with the chef or catering personnel before the meeting to see if you can use the same menu as another group that was meeting in the facility. Asking the chef to preparing more of the same food in advance can result in cost savings. Also, check with the chef for seasonal or regional specialties, which may be less expensive.
  • Don’t pay more for drinks. Whether it’s a cash bar or hosted bar, don’t pay more for drinks than you pay in the hotel outlets (bars and restaurants).

RSS Share

Want to use this article? Click here for options!
© 2012 Penton Media Inc.


Acceptable Use Policy
blog comments powered by Disqus

Search 125,000+ Venues

Search Meeting Space

Find Event Venues with Cvent

The Meeting Planning Blog

Face2Face Latest Posts

Sign Up for Our Free E-Newsletters

Meetings Collaborative

Rate your experience with meeting venues and suppliers.

Facility / Hotel

 
Powered by: Meetings Collaborative
Aega Awards

Latest Webinar

Global Meetings: Risk Management A to Z
February 28 | 2p.m. EST

Organizations take on more risk than usual when booking meetings outside the U.S. Join our expert panelists and learn how to assess your overall risk, write contracts that protect your organization, manage currency exchange rate fluctuations, keep your travelers safe, and much more. View it on-demand now!

VIEW ALL ARCHIVED WEBINARS

Recent Comments

Powered by Disqus

Back to Top

Explore Our Newsletters


Meeting Planner Survival Guide

Whether you're a novice planner or a veteran, this compilation of must-read articles is your meeting planning resource.

Must-See Meeting Files

Visit the MeetingsNet expert-advice site, where we’ve got top meeting pros on camera answering a variety of your questions as well as a collection of educational—and sometimes offbeat—editors’ pick lists — from the top tech tools to the best books for meeting professionals.

Pharma Meeting Management Forum

8th Annual Pharmaceutical Meeting Management Forum
March 25-28, 2012 in Orlando, Fl
Register now!
Learn more about how healthcare reform will affect medical meetings.

Both forums are co-sponsored by Medical Meetings and The Center for Business Intelligence.

Suppliers/
Facilities/CVBs

MeetingsNet makes it easy to find the CVBs, tourist boards, and facilities you need for your next meeting.

Deal Finder

Special offers brought to you by MeetingsNet.

Find A Job

Targeted to all aspects of the hospitality and special events industry.

SMM PORTAL

Your source for Strategic Meetings Management info and intelligence

Facebook   Twitter   LinkedIn   RSS Feed

Inside Current Issue

January 2012 CMI

January 2012

January 2012 FIM

MM January 2012

Jan/Feb 2012 MM

December 2011

December 2011 RCM

December AM

December 2011 AM

Browse Back Issues