As the COVID-19 pandemic continues to evolve, it is painfully apparent that our hospitality industry will take the initial economic brunt. Event cancellations, facility closures and travel bans have already manifested in a multitude of employee layoffs and widespread concern as to where our industry will land and how soon we can get back to business as usual.
Although our company acronym is ESP, we don’t have a crystal ball as to how this situation will be resolved. Wish we did. What we do have is a combined staff experience of well over 100 years. As ESP’s President says, “That’s a lot of bad economies.” And through the years, although not to this extent, ESP has dealt with many times of crisis: September 11th, the most recent banking crisis of 2009, Ebola, to name a few. And, what we have found in each case is that our industry is more than Force Majeure or Impossibility of Performance contract clauses. It is our human connection and the relationships we’ve developed over the years that have helped us to get through it and will help us to get through this Coronavirus outbreak as well.
If you could use certified experts in your corner, we can support you that way as well. Please let us know if you need assistance with canceling or rescheduling current programs or help planning future programs. Our comprehensive Force Majeure and Impossibility of Performance contract clauses have saved clients millions.
Obviously, this situation is stressful for those responsible for the planning of meetings and events as they attempt to balance the safety of themselves and their families with business continuity, their stakeholders and attendees. We want you to know that our hearts and prayers are with you.
Until then, stay safe!
Your friends at Event Source Professionals Inc.