Etc Venues adds Midlands venue and tops £7m

Etc Venues has announced a 35% rise in turnover and confirmed its first non-London event space. The company has reported an increase in turnover to £7.05 million for the six months to December 31st 2007, compared to the same period in 2006. “We continue to benefit from our investment in quality at our venues and from clients increasingly switching away from residential training to non-residential training,” said managing director Alastair Stewart. “We remain optimistic about maintaining this level of growth in our second half.’’ Meanwhile, the company’s eighth venue will be Maple House, based in Birmingham and is set to open its doors in June following a £1.5m refit. “Our clients have continuously suggested Birmingham as an area where there is a shortage of high quality dedicated venues,” Stewart said of the move. The Maple House site includes 13 training and meeting rooms, the largest seating 150.

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