Venue hire is the practice of renting a space for an event, such as weddings, parties, corporate functions and conferences. There are three primary types of venue hire: package deal, dry hire and sub-contracted.

Packages

The most common venue hire type is a package, wherein the venue has combined their services into one price. This makes budgeting for couples much simpler, as they can ensure they have all necessary items for their big day.

When selecting a package for your special event or party, there are numerous factors to take into account. Consult an experienced wedding and events planner for guidance.

Costs

The price of renting an event space in NYC varies considerably based on its size and how long you need to use it for. It also depends on how many guests you plan to bring with you.

If you are hosting an intimate dinner or social gathering, then finding a more cost-effective space may be possible. On the other hand, if hosting a large conference or event, then it is imperative that the venue can adequately meet all of your requirements.

Dry Hire

A dry hire option is an economical way to save money on your special event or party. The cost of dry hire is significantly cheaper than other options, giving you the freedom to source your own suppliers.

Catering, bar services or audio visual (AV) companies may all be included. As there are so many types of dry hire venues to choose from, it’s wise to get multiple quotes before selecting one that works for your needs.

Couples looking for a wedding venue often appreciate having their own dedicated coordinator. Couples appreciate when the coordinator takes time to listen and assist them with planning their special day, and they appreciate when the venue manager follows up on any inquiries or quotes to see if additional assistance is necessary.

Micheal emphasizes the importance of finding a talented sales team when starting a special events business. He suggests searching local networks and Facebook groups for talent as well as reaching out to existing contacts who are familiar with venues.

It’s essential that your event coordinator have a positive attitude and will go the extra mile to guarantee your special day is a success. A qualified venue coordinator will listen attentively to what you have to say, offer helpful suggestions, and collaborate with you on the big day so everything runs smoothly.

Cancellations

For large events, it is essential that your venue has a cancellation policy in place to safeguard both money and guests. Additionally, research if there is a backup plan in case an unexpected emergency arises such as a storm or fire.