Banqueting: Difference between revisions

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== Photos of the banqueting halls of Emerald Forest Hotel ==__NOEDITSECTION__
== Photos of the banqueting halls of Emerald Forest Hotel ==
The banqueting halls offer flexible configurations, ranging from intimate setups to larger events, depending on the needs of your guests. Below, you’ll find a selection of photos that provide a visual overview of these various setup possibilities, giving you a better idea of the space's versatility.<br>
The banqueting halls offer flexible configurations, ranging from intimate setups to larger events, depending on the needs of your guests. Below, you’ll find a selection of photos that provide a visual overview of these various setup possibilities, giving you a better idea of the space's versatility.<br>


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== Details on the banqueting halls ===
== Details on the banqueting halls ==
The large banqueting hall offers flexibility and can be rented as a single unit or divided into one, two, or three sections. Each of the four halls is equipped with its own technical equipment and facilities, making them suitable for a variety of events. All halls offer a view to the north, facing a park, with emergency exits leading in that direction. However, the hotel grounds extend only two meters beyond the building on this side, as the land beyond belongs to the municipality. This limits outdoor activities, though guests may use the small two-meter terrace during breaks, primarily for smoking or stepping outside. <br>
The large banqueting hall offers flexibility and can be rented as a single unit or divided into one, two, or three sections. Each of the four halls is equipped with its own technical equipment and facilities, making them suitable for a variety of events. All halls offer a view to the north, facing a park, with emergency exits leading in that direction. However, the hotel grounds extend only two meters beyond the building on this side, as the land beyond belongs to the municipality. This limits outdoor activities, though guests may use the small two-meter terrace during breaks, primarily for smoking or stepping outside. <br>
The banqueting hall can be divided into four smaller units:
The banqueting hall can be divided into four smaller units:
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In total, when combined into one large space, the hall can accommodate up to 250 guests. However, when divided, the foldable walls between the halls can lead to increased noise levels.
In total, when combined into one large space, the hall can accommodate up to 250 guests. However, when divided, the foldable walls between the halls can lead to increased noise levels.


Additionally, there is a separate entrance and parking lot (labeled as P) for banqueting guests, with enough space for 60 cars.r><br>
Additionally, there is a separate entrance and parking lot (labeled as P) for banqueting guests, with enough space for 60 cars.<br>
== Banqueting Revenue ==
== Banqueting Revenue ==
It is essential to understand what is profitable in the hotel at the time of acquisition. Currently, there is limited detailed information on the performance of the banqueting operations, but you can review the available data on the [[Operating_review]] page. At the time of takeover, it appears the hotel generated a steady annual revenue of approximately €231,636, which includes:
It is essential to understand what is profitable in the hotel at the time of acquisition. Currently, there is limited detailed information on the performance of the banqueting operations, but you can review the available data on the [[Operating_review]] page. At the time of takeover, it appears the hotel generated a steady annual revenue of approximately €231,636, which includes:

Revision as of 13:47, 15 September 2024

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What does the hotel look like?

To see what the hotel looks like, there are eight pages:
→ Go! Rooms | Reception | Restaurant | Hotel exterior | Banqueting | Facilities | Park | Terrace

Upgrading?

For a reliable starting point on hotel equipment costs, you can refer to this Nehmer Cost Guide. It provides an overview of expenses related to room renovations. Alternatively, you may also consult Operto Operto’s guide or horwathhtl the Horwath HTL report for further insights. These resources will give you a clear idea of renovation and investment costs.

It's recommended to focus on broader estimates, such as figures in the hundreds or thousands of euros, rather than getting caught up in excessive details.


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 beverage, though most 'arrangements' hold the following elements

  • Facilities as in equipment (beamers, laptops etc.)
  • Renting of spaces to meet
  • Food and beverage
  • 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.

Emerald Forest Hotel's video playlist on the banqueting

Please explore the videos showcasing the banqueting halls of the hotel. These videos primarily focus on the layout and setup of the banqueting spaces. To view all videos related to this item, simply click on the three small bars in the top right corner of the video. This will display the full playlist, allowing you to select the videos you'd like to watch.

Video playlist banqueting at the Emerald Forest Hotel

Prices

In the past, there has been limited information on how pricing was calculated in the hotel. Historically, sales prices in this market ranged from €25 to €30 per person per day, with Emerald Forest typically using €28 as their benchmark.
Prices depend largely on the specific offerings. The mentioned figures represent an average; for instance, January often sees fewer bookings, while May traditionally experiences higher demand, with numerous meetings often combined with hotel room bookings. Additionally, most published prices are based on rack rates, meaning they are negotiable.


Photos of the banqueting halls of Emerald Forest Hotel

The banqueting halls offer flexible configurations, ranging from intimate setups to larger events, depending on the needs of your guests. Below, you’ll find a selection of photos that provide a visual overview of these various setup possibilities, giving you a better idea of the space's versatility.

Banqueting at Emerald Forest Hotel

Groundplan of the banqueting section


Emerald Forest Hotel banqueting section groundplan
Groundplan Emerald Forest Hotel - section B banqueting


Details on the banqueting halls

The large banqueting hall offers flexibility and can be rented as a single unit or divided into one, two, or three sections. Each of the four halls is equipped with its own technical equipment and facilities, making them suitable for a variety of events. All halls offer a view to the north, facing a park, with emergency exits leading in that direction. However, the hotel grounds extend only two meters beyond the building on this side, as the land beyond belongs to the municipality. This limits outdoor activities, though guests may use the small two-meter terrace during breaks, primarily for smoking or stepping outside.
The banqueting hall can be divided into four smaller units:

  • Sections 1, 2, and 3 are identical, measuring approximately 15 x 20 meters, each with a capacity of 70 people.
  • Section 4 is smaller, at 10 x 12 meters, with a capacity of 40 people.

In total, when combined into one large space, the hall can accommodate up to 250 guests. However, when divided, the foldable walls between the halls can lead to increased noise levels.

Additionally, there is a separate entrance and parking lot (labeled as P) for banqueting guests, with enough space for 60 cars.

Banqueting Revenue

It is essential to understand what is profitable in the hotel at the time of acquisition. Currently, there is limited detailed information on the performance of the banqueting operations, but you can review the available data on the Operating_review page. At the time of takeover, it appears the hotel generated a steady annual revenue of approximately €231,636, which includes:

  • Banqueting, accounting for around €100,000.
  • Other revenues from sources such as bicycle rentals, facility usage, special requests, and the use of Facilities.

Notably, this group of customers contributing to the revenue seems to have minimal overlap with those booking hotel rooms at this stage.

Market demand for banqueting

Looking at the hotel's historical figures, we see a revenue of €100,000 from banqueting, alongside an average price of €27.50 per person at the time of takeover. Based on this, we can project potential revenue from banqueting, particularly given the known capacity of the banqueting halls.
Additionally, there is an opportunity to enhance this offering by creating a terrace adjacent to the banqueting halls. While this expansion would reduce some of the available parking space, the terrace currently holds 60 places and could easily be expanded to accommodate 40 tables and 240 seats, offering significant potential for increased capacity and revenue.


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