Banqueting: Difference between revisions
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''A good starting point for as an example of the cost of hotel 'equipment', you can find in this guide: https://www.nehmer.com/costguide. <br> | ''A good starting point for as an example of the cost of hotel 'equipment', you can find in this guide: https://www.nehmer.com/costguide. <br> | ||
This gives an overview of costs related to renovating the rooms.<br> | This gives an overview of costs related to renovating the rooms.<br> | ||
Use [https://operto.com/hotel-renovation-costs-per-room/ Operto] or [https://cdn.horwathhtl.com/wp-content/uploads/sites/2/2020/01/Industry-Report_ITALY_Construction-Renovation-Costs.pdf horwathhtl] to get inspiration and insights | Use [https://operto.com/hotel-renovation-costs-per-room/ Operto] or [https://cdn.horwathhtl.com/wp-content/uploads/sites/2/2020/01/Industry-Report_ITALY_Construction-Renovation-Costs.pdf horwathhtl] to get inspiration and insights. Check these sites to get a grip on [[costs]] of new [[investments]]. Feel free to use another guide, if that is more appropriate for your hotel. Do not get lost in too many details; rather thinks in hundreds and in thousands of euro's.'' | ||
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== Groundplan of the banqueting section ==__NOEDITSECTION__ | == Groundplan of the banqueting section ==__NOEDITSECTION__ | ||
The big banqueting hall can be rented as a whole or by one section, two sections together of three together. For all (maximum) four halls there | The big banqueting hall can be rented as a whole or by one section, two sections together of three together. For all (maximum) four halls there is technical equipment available, and there are sufficient facilities to run 'obvious' activities. All halls have a view to the north, where the park is situated. The emergency exits are also in this direction. Unluckily, the grounds of the hotel end directly two meters outside of the building in this part. This means, there is nothing allowed or possible on the outside; these grounds belong to the municipality. Only in case of emergency, the guest can flee into the (municipality) park. There only is a small terrace of two meters, in fact, these are more made to help the maintenance of the building than to use for activities. These 'terraces' are now used by smokers or people who just want to be on the outside during a break. <br> | ||
The big banqueting hall can be divided into four smaller units which each have their own equipment, facilities, doors etc. | The big banqueting hall can be divided into four smaller units which each have their own equipment, facilities, doors etc. | ||
* Part 1, 2 and 3 are alike (approx. 15 x 20 meter) they can each hold up to 70 people. | * Part 1, 2 and 3 are alike (approx. 15 x 20 meter) they can each hold up to 70 people. | ||
* Part 4 is the smallest one (10 x 12 meter), this part can hold up to 40 people. <br> | * Part 4 is the smallest one (10 x 12 meter), this part can hold up to 40 people. <br> | ||
So if these are all in use, making one big banqueting hall, there | So, if these are all in use, making up one big banqueting hall, there is space for (3 x 70) + 40 = 250 guests. So, this is possible in one adjoined hall , or in four separated ones. <br> | ||
A disadvantage is that the walls separating the banqueting halls, (if divided) are ''foldable'' and this makes the rooms rather noisy. <br> | A disadvantage is, that the walls separating the banqueting halls, (if divided) are ''foldable'' and this makes the rooms rather noisy. <br> | ||
There is a separate entrance for the banqueting guests and there is also (indicated by P) a parking lot, which can hold 60 cars especially for the banqueting guests | There is a separate entrance for the banqueting guests and there is also (indicated by P) a separate parking lot, which can hold 60 cars especially for the banqueting guests. <br><br> | ||
[[Image:groundplan_B_emeraldforesthotel.jpg|thumb|600px|center| <center>''Groundplan Emerald Forest Hotel - section B banqueting''</center>]] | [[Image:groundplan_B_emeraldforesthotel.jpg|thumb|600px|center| <center>''Groundplan Emerald Forest Hotel - section B banqueting''</center>]] | ||
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== Prices and revenue ==__NOEDITSECTION__ | == Prices and revenue ==__NOEDITSECTION__ | ||
It is very interesting to know what is profitable in this hotel at the moment you take over. <br> | It is very interesting to know what is profitable in this hotel at the moment you take over. <br> | ||
There is not much detailed information on the results of banqueting yet, just check the page [[Operating_review]]. It seems that as you take over, a kind of 'fixed' amount of € 231,636 revenue per year achieved with banqueting and other revenues | There is not much detailed information on the results of banqueting yet, just check the page [[Operating_review]]. It seems that as you take over, a kind of 'fixed' amount of € 231,636 revenue per year was achieved with banqueting and other revenues. This € 231,636 composes: | ||
* the banqueting itself, approximately € 100,000 | * the banqueting itself, approximately € 100,000 | ||
* [[other revenues]] generated by things like bicycle renting, usage of facilities, from special request and usage of the [[Facilities]] etc. | * [[other revenues]] generated by things like bicycle renting, usage of facilities, from special request and usage of the [[Facilities]] etc. | ||
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== Demand in the market for banqueting == | == Demand in the market for banqueting == | ||
If we look at the past | If we look at the hotel's past numbers on this, we also see the revenue (€ 100,000) and we know the average banqueting price (€ 27,50) on taking over. So we can do some calculation as on the possibilities in banqueting turnover because we also know the capacity of the banqueting halls.<br> | ||
There is an opportunity to | There is an opportunity to create a [[terrace]] next to the banqueting halls, though this will take some of the parking space. For now, it holds 60 places, but this easily is enlarged to 40 tables end 240 seats (so people). | ||
<br><hr> | <br><hr> |
Revision as of 19:37, 29 June 2023
→ Go! Category:Hotel info
What does the hotel look like?
To see what the hotel looks like, there are eight pages:
→ Go! Rooms | Reception | Restaurant | Outside hotel | Banqueting | Facilities | Park | Terrace
A good starting point for as an example of the cost of hotel 'equipment', you can find in this guide: https://www.nehmer.com/costguide.
This gives an overview of costs related to renovating the rooms.
Use Operto or horwathhtl to get inspiration and insights. Check these sites to get a grip on costs of new investments. Feel free to use another guide, if that is more appropriate for your hotel. Do not get lost in too many details; rather thinks in hundreds and in thousands of euro's.
Photos of the banqueting halls of Emerald Forest Hotel
The banqueting halls can be used in different configurations; from small to very big. Find some photos underneath, that will give you an impression of the 'possibilities'.
Emerald Forest Hotel's video playlist on the banqueting
Have a look at the videos related to banqueting. These videos are mainly on the banqueting halls of the hotel. To see all the videos related to this item, click in the video in the top right corner on the three small bars.
Then you will see all the videos in this playlist, and you can choose the ones you want to see.
Info on banqueting
Banqueting services are services offered by Emerald Forest Hotel, as almost all hotels do. Generally, it is an interesting and profitable business. Banqueting services are services rendered in a hotel for a meal, usually dinner or lunch, and especially for groups. A banquet has a predetermined menu and will also have food stations set up for self-service. There are different types of banqueting styles.
The services are very much linked to special occasions around individuals, for instance, weddings, birthdays and other festivities. Though, they can also be linked to the business market of meetings, incentives, congresses (MICE market) and (small) exhibitions.
There is always a link to food and beverages, though most 'arrangements' hold the following elements
- Facilities as in equipment (beamers, laptops etc.)
- Renting of spaces to meet
- Food and beverages
- Special services, for instance, extra bandwidth (internet) assistance (secretary etc.)
- Possibilities to stay overnight, so hotel rooms
Banqueting is, in most cases, divided into a separate unit in the hotel and has its own manager.
Prices
There is not much information on how this used to be calculated in the hotel: Sales prices in this market, in the past, ranged from €25 to €30 per person per day, Emerald Forest used to calculate with € 28.
Prices largely depend on what you are offering exactly. The prices mentioned are an average. Of course, there are weeks, for example in January, in which lesser bookings are made, but there are also weeks like in May, traditionally, that there are a lot of meetings often combined with hotel rooms etc. Furthermore, most prices, if published, are rack rates: this means that they are negotiable.
The prices are not really decisive to the customers in deciding to book the banqueting product or not, research has proven this.
Groundplan of the banqueting section
The big banqueting hall can be rented as a whole or by one section, two sections together of three together. For all (maximum) four halls there is technical equipment available, and there are sufficient facilities to run 'obvious' activities. All halls have a view to the north, where the park is situated. The emergency exits are also in this direction. Unluckily, the grounds of the hotel end directly two meters outside of the building in this part. This means, there is nothing allowed or possible on the outside; these grounds belong to the municipality. Only in case of emergency, the guest can flee into the (municipality) park. There only is a small terrace of two meters, in fact, these are more made to help the maintenance of the building than to use for activities. These 'terraces' are now used by smokers or people who just want to be on the outside during a break.
The big banqueting hall can be divided into four smaller units which each have their own equipment, facilities, doors etc.
- Part 1, 2 and 3 are alike (approx. 15 x 20 meter) they can each hold up to 70 people.
- Part 4 is the smallest one (10 x 12 meter), this part can hold up to 40 people.
So, if these are all in use, making up one big banqueting hall, there is space for (3 x 70) + 40 = 250 guests. So, this is possible in one adjoined hall , or in four separated ones.
A disadvantage is, that the walls separating the banqueting halls, (if divided) are foldable and this makes the rooms rather noisy.
There is a separate entrance for the banqueting guests and there is also (indicated by P) a separate parking lot, which can hold 60 cars especially for the banqueting guests.
Prices and revenue
It is very interesting to know what is profitable in this hotel at the moment you take over.
There is not much detailed information on the results of banqueting yet, just check the page Operating_review. It seems that as you take over, a kind of 'fixed' amount of € 231,636 revenue per year was achieved with banqueting and other revenues. This € 231,636 composes:
- the banqueting itself, approximately € 100,000
- other revenues generated by things like bicycle renting, usage of facilities, from special request and usage of the Facilities etc.
This group of customers bringing this revenue seems to have hardly any links to the customers booking the hotel rooms, so far.
Demand in the market for banqueting
If we look at the hotel's past numbers on this, we also see the revenue (€ 100,000) and we know the average banqueting price (€ 27,50) on taking over. So we can do some calculation as on the possibilities in banqueting turnover because we also know the capacity of the banqueting halls.
There is an opportunity to create a terrace next to the banqueting halls, though this will take some of the parking space. For now, it holds 60 places, but this easily is enlarged to 40 tables end 240 seats (so people).
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