Meetings, Events, and a Ride in a Trabi: A Conversation with VenueSuite at ITB Berlin

VenueSuite announced demand-based pricing for meetings and events, applying room revenue management logic to meeting spaces with early results showing increased bookings on lower-demand dates.

Meetings, Events, and a Ride in a Trabi: A Conversation with VenueSuite at ITB Berlin

At ITB Berlin, Simone Puorto squeezed into the back of a Trabi XXL with Ralph Van Hooijdonk, Founder and CEO of VenueSuite, for a conversation about meetings and events technology, the state of M&E distribution, and why the industry has been so slow to apply revenue management logic beyond the guestroom. The Trabi XXL is the iconic East German car in its stretched limo version, cruising between the exhibition hall and the Olympic Stadium.

MICE has been the forgotten corner of hotel revenue

The conversation started with a shared observation: meetings and events have been treated as a side note for decades. Rooms got the attention, the tools, and the revenue management sophistication. M&E got a static form on the website and a promise to get back to you within a few days.

Ralph confirmed this without hesitation. The effort required to book and manage a meeting or event has always been out of proportion to the revenue it generates, which is exactly why hotels focused their energy elsewhere. But that equation is shifting. Square meter revenue is getting harder to ignore, and the expectation from corporate bookers, who are often repeat customers with preferred venues, has changed. They want to book themselves, on their own schedule, and they will not wait.

The RFP problem is a starting point problem

The core issue VenueSuite is addressing is straightforward: when a booking request comes in with incomplete information, everything that follows is reactive. Back and forth emails, missing details, delayed proposals, and eventually a booker who has already moved on to the next property on their list.

By giving bookers a self-service booking engine that captures all the relevant attributes upfront, including space, F&B, AV requirements and availability, VenueSuite turns the process around. The booker does most of the work. The hotel can send a branded proposal in two or three clicks. According to their own benchmarking, 50 to 60 percent of clients are now responding within half an hour. The industry average, where a static contact form and a follow-up email chain is still the norm, is measured in days.

Demand-based pricing comes to M&E

At ITB Berlin, VenueSuite announced demand-based pricing for meetings and events within its direct booking engine. The idea is simple: the same logic that has driven room revenue management for years, adjusting rates based on demand, now applies to meeting spaces. High-demand days like Thursdays, which are chronically overbooked in the M&E segment, hold their rate. Lower-demand days are priced more attractively to stimulate bookings that might otherwise go elsewhere.

It is a first step toward full dynamic pricing for M&E, which Ralph acknowledged is still further down the road. But the direction is clear: meeting spaces, F&B packages, and event inventory should eventually be managed with the same precision as guestrooms. Early results from clients already testing the feature show more interest in lower-demand dates without compromising peak-day rates.

The revenue manager's role is changing

The conversation ended with a question about where revenue management is heading. Ralph's view: systems will make more and more of the decisions, and the revenue manager's job will shift toward supervision and strategy. Overruling a system trained on large amounts of data requires real confidence and expertise. The day-to-day execution will increasingly be automated. The human role becomes one of setting direction and stepping in when the data alone is not enough.

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Our suite of venue booking solutions help hospitality venues in managing their business meeting & event reservations from offline to online. It gives corporate clients an intuitive booking experience, enabling them to book a space 24/7 on the venue's website. Via automated and personalised guest communications during and after the booking process, operational efficiencies are realised.

Simone Puorto is a techno-philosopher, consultant with over 25 years of international experience, and the prolific author of five best-selling books exploring the intersection of technology and the travel industry.

Acting as a ‘neutral’ broker and publisher of hotel business information, Hospitality Net is the #1 ranked global website for the global hospitality community. Hospitality Net enables all industry stakeholders to amplify visibility on its platform and connect with the industry globally through a membership business model, unlike any other publishing initiative in the industry.

VenueSuite is a Netherlands-based SaaS provider focused on digitizing and accelerating meeting- and event sales for hotels. Its Event Management & Reservation System connects enquiry handling, proposal creation, CRM, and direct booking within one cloud-based environment — enabling hotels to move from enquiry to confirmed booking more efficiently.

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