Banquet halls provide the perfect space for entertaining large groups of people. Because they are so spacious, they are commonly used for wedding receptions. Businesses also frequently rent them for awards ceremonies, meetings, and other corporate events. If you are getting ready to rent a banquet hall, try putting these tips into action to save money:
1. Choose the right time of the year for your event.
If you have any flexibility in terms of when you hold your event, it is best to schedule it during the off-season. Most venues are busiest during the summer months. As a result, they often charge higher rates. If you can hold your event during the winter, you may be able to save money on the space.
2. Compare prices.
Just like any other major purchase, you should spend some time comparing prices between the various banquet halls in your area. Contact a number of different venues to find out how much they charge. Be sure to ask about what is included in the price. After spending a little bit of time calling around, you should have a much better idea of which venues are the most affordable.
3. Consider the complete package.
When comparing rental prices, it is important to make sure that you understand what is included in the price. It goes without saying that it is cheaper to rent a space that doesn’t have any extra amenities than to rent a full-service banquet hall. Keep in mind, however, that you will still have to pay for things like catering and A/V equipment on your own, which can add to the total cost.
From a price standpoint, you may find it beneficial to go with a full-service banquet hall like the ones at the Liberty Grand (http://libertygrand.com) instead. They offer a lot of extra amenities ranging from a full-service bar to state-of-the-art lighting and A/V equipment. They also have high-end features like valet parking, designers who can assist with decorating, on-site security, and complementary suites. Choosing a banquet hall that offers these extra amenities may wind up saving you money in the long run even if the rental price is a little bit higher than a bare-bones banquet hall that doesn’t offer any extra services.
4. Hold your event during the middle of the week.
Banquet halls are usually busiest on the weekends. By planning your event during the middle of the week, you may be able to get a lower price on the space. Venues often offer lower pricing on weekdays, which can help you save quite a bit of money on the total rental cost.
Saving money when renting a banquet hall is just a matter of making smarter choices. One of the best ways to save is by being flexible. Booking the space during the off-season or on a weekday can help you get a lower rate. It is also important to focus on the big picture when comparing prices. For instance, you may find it beneficial to pay for a place that is more expensive to rent if it comes with a lot of extra amenities.