DTB Blog - Industry News
At the start of each new year, certain members of the DTB team are tasked with forecasting what the next 12 months will be like for the purposes of strategic planning. This year is no exception.
Nearly every sector of our economy has something to say about the June Brexit vote. That includes the hospitality sector. Despite a sharp decline in hospitality spending in the last month heading up to the referendum, spending has rebounded nicely since.
Earlier this year (2016), it became apparent that banks and other financial institutions had to be a lot more careful about how they used corporate hospitality to entertain clients.
Corporate hospitality took a hit, along with most sectors of the economy, when the financial crisis ensued during the previous decade. But with economic expansion accelerating since 2012, corporate hospitality is back as a force to be reckoned with.
Who doesn't love the arrival of spring? With spring comes warmer temperatures, more opportunities to be outdoors and, of course, more hospitality events that DTB can schedule for clients.
There is no doubt that sporting events are ideal when it comes to corporate hospitality; here at DTB, we offer a number of superb packages to various top sporting events all over the UK as well as overseas. We know the excitement of a sports event can help give our customers and their clients the chance to bond while creating memories that will be with them forever.
Consider the following situation: you’ve decided to invest in corporate hospitality for a potential new client. Winning their business would be hugely advantageous to your company, and no expense is too large—if it would impress the new client. After deciding to hold a hospitality event that allows your client to have a unique London experience, a new conundrum emerges: does your business plan this event internally, or partner with an outside event company?