Search
The Caterer

Moving Venue set for Jubilee bank holiday revenue boost

Moving Venue set for Jubilee bank holiday revenue boost

Event caterer Moving Venue will achieve a bank holiday revenue boost of 72% compared with last year, as a result of business related to the Queen's Diamond Jubilee.

Gross revenue for the weekend will be £44,000, up from just £12,000 in 2011 and the caterer is expected to increase its labour spend by 65% on its full and part time workforce, as Moving Venue caters for more than 1,500 guests at Jubilee celebrations.

According to Moving Venue managing director Richard Beggs this goes against the negative economic focus from much of the media when addressing activities involving the Royal Family.

"Last year the Royal Wedding was considered an over-indulgence of expenditure and the additional bank holiday frivolous," he said.

"Recently the media reported a likely £8b loss to the country for the cost of the forthcoming Diamond Jubilee. This loss was again linked to the media's view of another unnecessary bank holiday.

"Aside from the great pride Moving Venue detects among clients, suppliers and staff in the British feelgood factor, many companies have elected to celebrate the achievements of our Queen with stunning events over the forthcoming celebration weekend."

Beggs said this has enabled Moving Venue to benefit from the additional boost in weekend revenue, adding that while the caterer had only two events on last year's bank holiday it is booked to operate at eight large Jubilee events.

"This is a trend likely to be common in all parts of our industry," he added. "What a welcome change to the double dip recession and Greek crisis, both of which the media regularly update us on. Hopefully our industry's good fortune will be picked up by the media and reported on."

This weekend Moving Venue will cater for 470 guests at Cannon Bridge Roof Gardens while they watch the river procession as well as work with Thames Luxury Charters to serve VIP guests, including members of the Royal family and government, on seven boats during the river pageant.

By Janie Manzoori-Stamford

E-mail your comments to Janie Manzoori-Stamford here.

Tabletalk
Tabletalk
If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.catererandhotelkeeper.com/tabletalk

Catererandhotelkeeper.com jobs

Looking for a new job? Find your next job here with Catererandhotelkeeper.com jobs

Blogs on Catererandhotelkeeper.com ](http://www.catererandhotelkeeper.com/blogs) Catch up with more news and gossip on all Caterer's blogs
[E-Newsletters](http://www.catererandhotelkeeper.com/email-newsletters.htm)[ For the latest hospitality news, sign up for our E-newsletters
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.