Banquet Hall Industry Statistics

Statistics has it that the banquet hall rental party rental industry in the united states of america is worth 5 billion with an estimated growth rate of 2 3 percent.

Banquet hall industry statistics.

The bureau of labor statistics 2018 the events industry in the usa provides over 5 9 million jobs. Sic 7359 naics 532299. Busy mediterranean restaurant offering 2 separate rooms sharing one big kitchen with equipment and experienced employees one room holds 40 people for dine in and the the other 100 people for private parties and events both have been recently remodeled open mon sat 11am to 9pm for dine in and to go orders. Our los angeles banquet hall has everything you need to eat drink dance and be merry.

The banquet hall business plan and business development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Project report on banquet hall project report on banquet hall includes present market position and expected future demand technology manufacturing process investment opportunity plant economics and project financials. Restaurant banquet hall for sale mediterranean restaurant banquet hall. Market size industry statistics.

Our product line also features comprehensive information regarding to how to start a banquet hall business. The banquet hall will have an annual revenue growth rate of 16 per year the owner will acquire 500 000 of debt funds to develop the business. The loan will have a 10 year term with a 9 interest rate. There are about 9 645 registered and licensed party rental banquet hall rental businesses in the united states and they are responsible for employing about 50 470 people.

Banks consultants sales marketing teams accountants and students all find value in ibisworld. Industry statistics cover all companies in the united states both public and private ranging in size from small businesses to market leaders in addition to revenue the industry market analysis shows information on employees companies and average firm size. State of the art led lighting system. Party and event rentals.

Spacious white marble dance floor. Amenities our event hall offers. Industry market size for caterers. Find industry analysis statistics trends data and forecasts on party event planners in the us from ibisworld.

Get up to speed on any industry with comprehensive intelligence that is easy to read. Working in the event industry the projected growth for meeting convention and event planners is expected to increase 11 in the usa between 2016 2026 faster than average.