Corporate Event Venues

Meeting planners often tell us that they don’t need to send requests for proposals (RFPs) through the Cvent Supplier Network because they hold events at the same venues year after year, and they already have established relationships with contacts at the property. While this loyalty and consistency can certainly help establish trust and improve your bottom line, repeatedly defaulting to the same venue and event agreements may be throwing precious company dollars out the window.

Why did you choose that venue for your event the first time around?  Was it in a convenient location?  Was it the only property with the amenities your group needed? Or did it all come down to the price? Whatever the reason, the hospitality industry is constantly in flux, and you could stand to benefit from all the changes. Perhaps several new hotels or restaurants have been built in your event destination in the last few years.  Maybe a run-down property has undergone a huge renovation. And - most importantly - maybe your preferred event venue has significantly changed its pricing.

One benefit to searching the 100,000+ global suppliers on the Cvent Supplier Network is that it’s a great way to learn about new venues in your area and stay up-to-date on what they have to offer. For instance, you can filter the search results in your metropolitan area to show only venues that are offering special Cvent promotions! Even if you insist on having your event at the same location every year, it’s good to know what else is available.  Sending an RFP using the Cvent Supplier Network is a great way to get some proposals from other area venues.  With these proposals in hand, you may find that you could negotiate a lower rate at your current venue! Just because they gave you a great deal two or three years ago doesn’t mean that it’s still the most competitive rate out there (especially given the recent changes in the marketplace). 

So, do a little homework on the Cvent Supplier Network today to make sure you’re getting the best deal at your next meeting or event!