OK, @GoldfishMan. Here are my current numbers:
$500 for SB, plus $250 to $300 for hotel room plus room-service meals = $750 t0 $800 per event.
I am averaging 3 to 4 monthly meetings, so it is a total monthly budget of $2,250 to $3,200.
Nothing anywhere near $8k per month. But of course, $8k / $750 = 10 times a month -- but I don't have time for 10 meetings (more than 2 times a week!)