Venue Reservations boosts revenue by £1.1m

The Crown Group's free venue finding service Venue Reservations increased its revenue by £1.1m in 2009.

Venue Reservations boosts profits by £1.1m
Venue Reservations boosts profits by £1.1m

The online database generated £5.3m worth of business in 2009, compared to £4.2m in 2008, by placing venue hire, event and catering bookings into Crown Group venues.

The largest proportion of these - 60% - were for conferences, with 15% each for meetings and award ceremonies/gala dinners, 5% for Christmas parties and 5% for reception and networking events.     

Charles Beer, CEO of the Crown Group said: "The amount of revenue Venue Reservations has generated is outstanding, especially when you take into consideration the difficult economic climate of 2009 which led to some companies not holding events." 

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