For this assignment, you will be describing, comparing and contrasting the differences between two event suppliers and their business models. SELECT ONE of the following business type comparisons:
- DMOs and DMCs OR
- Hotels and Convention Centers OR
- General Service Contractors and Specialty Service Contractors
1. Give a complete list of the services each vendor provides to event planners.
2. Discuss how the two types of businesses are similar and how they differ.
3. Explain how the supplier typically charges for the services provided.
4. Explain the profit centers for the vendors. (5 pts) and if the vendor relies on other revenue streams.