omniture

"Hot" Hong Kong Startup VenueHub Shakes Up the Events Industry

2014-04-08 09:30 3863

HONG KONG, April 8, 2014 /PRNewswire/ -- VenueHub, an online platform recently named as one of HK's "20 Hottest Startups" by Hong Kong Business magazine, is enabling Hong Kong organisations and individuals to generate extra cash outside of normal business hours. In the same way that AirBnB enables property owners to earn supplementary income renting out their vacant rooms, VenueHub provides a similar service for renting out spaces for events.

"It's quite simple really, we connect those looking for a function or party venue with those who have a space to cater for that event", said VenueHub co-founder Adam Whiting. "Our core business is matching up individuals and event managers with restaurants, bars and hotels, but we've noticed people are being increasingly attracted towards quirky, 'novelty' venues. Previously these venues had nowhere to promote their facilities specifically for the purpose of event hire. That's where we are essentially opening up a whole new market."

One example success story is BoConcept, an upmarket Danish furniture showroom in Central which is now using VenueHub to promote their showroom as an event space outside of normal business hours. It's truly a win-win situation; BoConcept earn income out of their facilities in a previously 'dead' time of the day, venue-bookers have an exciting and original option to choose from.

VenueHub has also started listing houses that people want to rent out for private events, as well as other spaces such as galleries, multipurpose venues and co-working offices. "It's all about giving the user maximum variety and choice", Whiting added.

Whiting believes that VenueHub is changing the face of the events industry: "We expect to see more unique venues come on board as the website gains further traction, although the bulk of our customer enquiries will likely remain to our restaurant and bar clients. If VenueHub opens up a whole new pool of previously underutilised event spaces in Hong Kong, and earns our clients buckets of cash in the process, then we see that as a positive outcome for the events industry here."

Visit VenueHub at: http://www.venuehub.hk

Source: VenueHub
collection