When we were planning the shortlist criteria for the Venue Team of the Year Award, we immediately recognised that a good venue can excel in different areas. Not one single metric would do our venues justice. But, a combination of the data we have on a venue gives a great picture of how likely a venue is to succeed on the platform.

We've come up with an index which comprises of the following:

  1. A venue's response time for web enquiries from direct customers {50%}
  2. A venue's conversion rate for web enquiries from direct customers {25%}
  3. A venue's conversion rate for enquiries introduced by a Venue Expert {25%}

Each of these measures will be weighted accordingly, and the combined result will give us the Hire Space Index for a shortlisted venue.

If you have any questions about the awards, or anything else, please get in touch via eventlab@hirespace.com!

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