Tuesday, July 23, 2013

Display Planning - Banquet Food Prices - How do you Negotiate


Are you new as well as negotiating banquet prices or are you aware that how hotels think around negotiating banquet food? What can and can not be negotiated during the traveling to process? So, what is actually your experience as a visit and Event Planner been if it issue comes up?

Are banquet menus prices set in stone? Some are and nearly everyone is not.

Remember that hotels make its money from room written estimates. The profit margin grows into higher. On banquet food there exists a smaller profit margin, so there is less for you to use and hotels normally fails to offer discounts unless nowadays requests and they possess a reason to barter.

Banquet food pricing comprise of three items, food pay out, staff labor and returns. Since the food rank and staffing takes up so much of the banquet price, it is extremely hard to ask your Catering Manager in order to lower the price.

However, for the reason that hotel is reluctant to give up prices, you still might have some options. Ask your Catering Manager to travel to with the Chef and you simply need menu that has a coffee food cost so the resort can still maintain their income, yet allow them to lower cost the banquet item.

I have worked primarily Chefs and they always have a variety of menu items in their hip pocket on work for both their cost your budget.

An example of this can be a banquet for a teenage YMCA group. Banquet menus may run $20 - $30++ for normal beef, chicken or fish items. However, teenagers would like to be fed and will likely be happier with spaghetti, beef sauce, a small occupied salad, plain rolls also a simple dessert (Chef's choice). The food cost with menu is much lower and also hotel can still earn money online and the group can fit the expenses into their budget.

Another way is always to ask your Catering as opposed to Convention Service Manager to travel to with the Chef and request a simple buffet with Chef's selection of entree, starch and sweet. This would not last a high powered corporate wedding, but might work for lunch for individuals just trying to feed great. Again, the Chef can have his food cost in line and you will fit something into your meeting budget that will work.

So, are banquet menu prices set in stone? Some are and nearly everyone is not. Sometimes it is negotiate special food items and pricing to be able to "make it work" the web group and the hotel.

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