If you are a hotel, pub or bar owner and haven’t considered hosting private events yet in your venue, you are doing yourself as well as your business a great injustice. Private events are increasingly becoming popular, plus they come in handy during the low seasons. They also help in keeping your business relevant. So, what does it take to host a private event? Take all the tips given here to the bank, they are all from the most experienced individual event hosts and some of the most successful organisers of such events.
Use Your Resources to Your Advantage
Look at everything your venue offers and use them for marketing it as a perfect venue for a private event. The more you can provide, the better. Private parties are supposed to be intimate, and there should always be a sense of exclusivity. Assure the people you are hosting that your venue can meet all their conditions.
Use Your Past Data to Determine Cost
One of the key things you should always be keen and careful about is setting the price for the event. Look at your revenues per night and use the data to determine the right amount to charge factoring all the other requirements that come with hosting a private event. It also depends on the time of the year, and the day the event is taking place. Remember you are in business, look at the different factors to decide on the best price for such an event.
If you want to succeed in private events hosting, you have to be open-minded. Whether a client is looking into holding a corporate event, product launch or a wedding to your venue, be ready for whatever reason it is they want to be there. Work around their needs and ensure everything is catered for.
Private events are a great way to make money during low seasons, don’t waste such an opportunity.