What is destination management company? (DMC)
With an overall rise in the capacity of people to invest in tours and travels, a lot of it is because the burgeoning middle class-tourism sector is growing faster than ever before. A rise in tourism activities have facilitated the emergence of destination management companies (DMC).
A DMC serves as a medium to provide local destination knowledge, and also act as an extension of the company. DMCs are hired to perform third-party functions which, by the way of providing professional services, help in organizing out-of-town event programs and services.
The success of a DMC lies within its ability to form excellent professional relationships, gather local resources, and rests on the company’s extensive knowledge of the local area. It serves as a great means to facilitate corporate events. The logistics offered by a DMC are as follows:
- They facilitate meet and greet with those who are participating in the event.
- They take care of the transport and transfers from the airport and internal traveling too.
- Hotel accommodation, arranging food, locating and informing about restaurants, activities, excursions, conference venues are all taken care of by a DMC.
- DMCs are all responsible for themed events and gala dinners.
DMCs provide for a creative as well as a professional medium to organize events. They are hired by companies who want to host events outside their local areas. This is largely because these companies are well aware of local caterers, transport facilities, hotels and other availabilities that can be provided for them at the said budget.
Hiring DMCs ensures that the cultural norms and local expectations are taken care of. It also ensures that the clients are not overcharged or cheated by locals. They basically serve as the middle men or the intermediaries between the client and all the services that they require.
A local planner knows where and how to find the best entertainment, freshest food, most helpful staff, and best travel routes. A DMC is essentially a highly specialized consultant for practically every aspect of out-of-town event programming. In non-English speaking countries, a DMC may also help to overcome language barriers.
DMC’s generally have great buying power in their specialist areas and can deliver packages that are normally unobtainable by the general public. Thus, DMCs take care of program design, logistics management, supplier management and accounting.