6 Rent Party & Events Venue Success Stories [2023]

Pat Walls

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Updated: July 24th, 2023

A Rent Party & Events Venue

Businesses use event venues for various purposes, including meetings, tradeshows, conferences, product launches, etc. On the other hand, individuals host birthdays, weddings, and other celebrations at event venues.

According to the latest statistics, the events industry is growing rapidly. Events provide a great marketing tool for businesses, and events are crucial for strengthening relationships.

The demand for event venues increases as individuals and corporates host more events annually. If you have some unused space and are enthusiastic about hosting events, you can start an events rental business.

To start, choose a niche, and market your business. You can focus on corporate events, social and entertainment events, or general venues suitable for any setting and party theme.

Here are some real life success stories of starting a rent party & events venue:

1. Simply Decor and Events ($420K/year)

Akshay Patel (from Albuquerque, New Mexico, USA) started Simply Decor and Events ago.

Revenue

$35K / month

View case study

Team

1 founders / 2 employees

Case Study

Hello, I am Akshay Patel from Albuquerque, NM the land of enchantment. I started an event rental and decor company that led me to an event venue. The View Event Center is a lavish space that is an indoor and outdoor event venue with panoramic city views. Our high-end venue with experienced staff will assist from venue decor to the smallest details entailed in making memories of a lifetime. Simply Decor, Tents, and Events ensures exclusive decor and thrives to bring your event to life through customized, elegant decor for all of their clients.

The full-service company will individually work with every client to design their event that will intrigue every eye in the room. Our company is broad that we get many different types of customers and we make many great connections with them as well. The company was making upwards of $380,000 a year.

how-i-started-a-35k-month-event-decor-business

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How I Started A $35K/Month Event Decor Business ➜

Learn more about starting a rent party & events venue:

Where to start?

-> How much does it cost to start a rent party & events venue?
-> Pros and cons of a rent party & events venue

Need inspiration?

-> Examples of established rent party & events venue
-> Marketing ideas for a rent party & events venue

Other resources

Part of

Ing A Rent Party & Events Venue: Everything You Need To Know

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4. Peerspace

The easiest way to book meeting rooms, event venues, filming locations & more. Explore 13,000+ spaces, read unbiased reviews, and find a space near you.

Website traffic: 1.06M/month
Business rank: #24.3K

Check out their full website ➜