by geoff1711 » 21 Sep 2012, 09:09
You forget just how many Lakeside can seat.
Somewhere like The Metropole would want an up front payment, typically venues like this charge between £35 and £50 per head for a buffet meal and your seat, sometimes, but only sometimes, that may include 1/2 bottle of wine per head.
My industry has an award lunch for students who have gained their qualifications (Dip GAI) usually attended by 250 or so people, always early November non profit making, and costs £110 per seat, for which you get hire of the room and lunch, out of that ticket price they also hire in PA and lighting.
The Guild has to guarantee so many places and pay, in full, upfront.
Now I don't know what Lakeside charge, and I suspect they trust Bruce to fill the place, which he does, I think it seats close to two thousand, so a hotel with that capacity and wanting up front payment, someone has to stump up or guarantee close to £100,000. and that's without hiring in all the other bits and paying the musicians.
I would say conservatively you'd have to double the ticket price.
Geoff