Corporates opt for downsized Christmas parties

Corporates are opting for smaller, departmental Christmas parties in 2011 in response to reduced budgets, according to a new report.

Corporates opt for downsized Christmas parties
Corporates opt for downsized Christmas parties

The trend has particularly affected large companies and public sector groups, according to Christmasvenues.com, which lists more than 5,000 Christmas events nationwide.   

Shared party nights and themed events were among key trends found in the survey, which analysed Christmas party requests data from October 2010 to October 2011.  

Increase

"The economy may have been fairly stagnant for four years but companies are looking to acknowledge employees’ hard work," said Christmasvenues.com sales director Simon Gray said. "Last year we saw a significant drop in enquiries, and the conversion rate was much lower against previous years. Since June 2011 we have seen a constant increase in site activity, which is 60% higher for September 2011 than 2010."  

He added: "We have seen a rise in large companies having smaller departmental parties and taking advantage of shared parties on reduced budgets. We have also seen many opting for trendy bars and clubs for this year’s office party."    

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