Standard Commission for Third Party Agencies Across Entire Portfolio
Posted May 6, 2024 By ConveneConvene and etc.venues to offer 10% commission to agency partners in the US and UK
Convene, the largest single provider of dedicated meeting and event venues in the U.S. and U.K., announced that it is standardizing its global commission percentage paid to third-party agencies across its entire portfolio - both Convene and etc.venues locations - to 10%.
Third-party agencies will receive a 10% commission for all events held within the Convene portfolio, inclusive of etc.venues, via the following structure:
- U.S. events - 10% commission will be paid on the actualized meeting package revenue, which includes the day delegate rate and/or reception packages.
- U.K. events - 10% commission will be paid on the value of the contracted booking (excluding VAT), which includes the day delegate rate, room hire, and pre-booked food and beverage.
Convene is a premium provider of corporate meeting and event spaces, offering everything needed for one-stop-shop experience including: thoughtfully-designed spaces to maximize collaboration and productivity, full-service production services, catering, and a dedicated A/V team. etc.venues is an established leader in urban day-conferencing, providing the space needed for corporate events, trainings, and conferences.
Convene acquired etc.venues in February of 2023, growing its global network of meeting, event, and flexible office locations to 35+ venues across nine cities in the U.S. and U.K.