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What price would you rent for a party?

 
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bananacake



Joined: 01 Dec 2009
Posts: 380
Location: Adriatic Coast, Pescara, Italy

PostPosted: Sat Oct 15, 2011 5:20 pm    Post subject: What price would you rent for a party? Reply with quote

Hi there...

i was wondering if you could help me or point me in the right direction....

i received an enquiry from someone that wants to rent my property for 1 night to celebrate his birthday. They will be a total of around 15 or 20.

Generally, what should i be charging? What do other venues charge in Italy?

Obviously i should be increasing my rate as its only one night but by how much?

many thanks!
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camel



Joined: 07 Apr 2008
Posts: 367

PostPosted: Sat Oct 15, 2011 10:28 pm    Post subject: subject Reply with quote

How much would a hotel charge in your area for a single & a double room is good start.

In addition you can charge for the hall/dining room or other services that you provide. I would make more enquiries as to no of double rooms, breakfast. drinks, food etc and in case the party gets a bit boestrous resulting in excessive wear & tear I would be a charging for it as well.
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kendalcottages



Joined: 27 Nov 2009
Posts: 2475
Location: Kendal, between the Lake District and the Dales

PostPosted: Sat Oct 15, 2011 11:12 pm    Post subject: Reply with quote

Are they actually staying overnight or just using it as an evening venue? (I notice your place has just 4 bedrooms...)
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bananacake



Joined: 01 Dec 2009
Posts: 380
Location: Adriatic Coast, Pescara, Italy

PostPosted: Sun Oct 16, 2011 6:28 am    Post subject: Reply with quote

Hi there

Yes they will be spending the night (1 night). Even though the villa has 4 bedrooms its very spacious and we put extra beds in the corridor and living room.

My rates compared to hotel room rates are competitive but renting my property for an event like a party i feel should fall under a different rate category
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Harborfields



Joined: 05 Jul 2011
Posts: 360
Location: West Boothbay Harbor, Maine

PostPosted: Sun Oct 16, 2011 10:26 am    Post subject: Reply with quote

If the guests were to hold the party in a hotel, they would also be renting a function room (plus hiring the hotel's catering department, etc...). So you can't compare your rate to just a hotel room rate -- you should be charging more, too. Maybe you could do a little research and find out what the rates are in your area at venues that host weddings and the like, and then set a rate based on that?
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Last edited by Harborfields on Sun Oct 16, 2011 9:05 pm; edited 1 time in total
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kendalcottages



Joined: 27 Nov 2009
Posts: 2475
Location: Kendal, between the Lake District and the Dales

PostPosted: Sun Oct 16, 2011 7:24 pm    Post subject: Reply with quote

Personally speaking, if I was in your shoes, I don't think I'd want the booking.

To put extra beds in, etc., have extra laundry and presumably a much greater chance of damage with occupancy more than double what you would normally cater for... all for one night... doesn't seem worth the risk to me.
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revdev



Joined: 04 Mar 2011
Posts: 599
Location: Turkey

PostPosted: Mon Oct 17, 2011 10:21 am    Post subject: Reply with quote

kendalcottages wrote:
Personally speaking, if I was in your shoes, I don't think I'd want the booking.

To put extra beds in, etc., have extra laundry and presumably a much greater chance of damage with occupancy more than double what you would normally cater for... all for one night... doesn't seem worth the risk to me.


+1!
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bananacake



Joined: 01 Dec 2009
Posts: 380
Location: Adriatic Coast, Pescara, Italy

PostPosted: Mon Oct 17, 2011 12:07 pm    Post subject: Reply with quote

Just to clarify that I have actually added on top of the nightly rate all the costs/expenses plus increased damage deposit

Also it's off season for me now so additional bookings are always welcome Smile
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la vache!



Joined: 16 Feb 2005
Posts: 11068

PostPosted: Mon Oct 17, 2011 2:12 pm    Post subject: Reply with quote

I've done it before - car parking is one issue to consider as well as the insode arrangements. I didn't have any problems with my guests, just regret not charging a lot more than I did!
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bananacake



Joined: 01 Dec 2009
Posts: 380
Location: Adriatic Coast, Pescara, Italy

PostPosted: Mon Oct 17, 2011 2:20 pm    Post subject: Reply with quote

la vache! wrote:
I've done it before - car parking is one issue to consider as well as the insode arrangements. I didn't have any problems with my guests, just regret not charging a lot more than I did!


i have plenty of parking but - but yes that's what i need to figure out - how much MORE should i be charging.
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ianthy



Joined: 12 Mar 2006
Posts: 520
Location: Bologna, Italy

PostPosted: Sun Oct 30, 2011 9:03 pm    Post subject: Reply with quote

Hi
I usually get 4-5 of these types of requests a year especially when the pool is open, so that they can party outside etc., It must be a personal choice but I always decline. You can not guarantee the numbers attending will be as stated and the increased opportunity for damage is just not worth the booking for a night. People partying around - pools and booze simply don't mix. As I said it needs to be a personal choice.
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