Any article about saving money on a banquet hall rental is a good article to read, and this one is brought to you by Tarrant Events Center, serving the Greater Fort Worth Metro area with our outstanding and affordable all-purpose event center. Call us at 817-996-3636 for more information.
If it is insider information you want about the event hall rental business, you have come to the right place. Let’s talk about saving money on a banquet hall rental.
What you can expect to pay for a banquet hall rental.
The rental price for a banquet hall rental is all over the pricing spectrum, and it is determined by the area in which you live and the number of event room rentals available. Let’s say the bottom of the price spectrum is in the $500 per event area; let’s say the top of the price range is $10,000 per event.
Our professional opinion is you will be looking somewhere in the $2000-$5000 range for a nice event center in a large city. Can you find something for less than that? Most likely, yes, but know that the quality of the event hall rental usually drops drastically once you are looking at bargain-basement prices.
It is entirely possible, too, that you will pay more during peak seasons than during slower rental seasons, and you will pay more for weekend dates than weekday dates. That is fairly standard across the nation.
Two ways to save money on a banquet hall rental.
Now that you know what to expect, let’s talk about saving money.
Most halls for rent will take reservations a full year in advance. This is important because the sooner you make a reservation, the better the chance you will avoid any price increases which may occur coming up on your planned event date.
The other way to stave off unpleasant surprises and save money in the process is to insist upon all inclusive pricing. This simply means there will be no surcharges or last-minute hidden fees, which happens more often than you might think. All inclusive pricing protects you against all of that, insuring that you will only be paying what you agreed to pay in the rental agreement.
And, as a bonus, we already mentioned that holding your event on a weekday, or during slow-rental periods, will also save you money.
Saving money on incidentals after the rental payment.
But wait, there is more money you can save, simply by adopting a DIY attitude. You can save money on decorations, on food prep, on entertainment, on florists, and on serving, simply by tackling those issues with a team of loyal and dedicated volunteers (or family and friends). And, because you made your reservation a full year in advance, you have loads of time for planning and preparation.
There you have it, some insider advice when planning a banquet hall. For more tips, call us and we will help if we can.
A final word about Tarrant Events Center.
Tarrant Events Center is locally owned and operated. Call us and ask us about our ten floor plans, and the acre of landscaped grounds surrounding our events center.