Convene, a provider of dedicated meeting and event venues in the U.S. and U.K., has 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 percent. The new commission rate will take effect for all programming that actualizes after July 1.
Third-party agencies will receive a 10 percent commission for all events held within the Convene portfolio, inclusive of etc.venues, via the following structure:
- U.S. events—10 percent commission will be paid on the actualized meeting package revenue, which includes the day delegate rate and/or reception packages.
- U.K. events—10 percent 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 provider of corporate meeting and event spaces, offering everything needed for a turnkey experience including: thoughtfully designed spaces to maximize collaboration and productivity, full-service production services, catering, and a dedicated A/V team for in-room and hybrid tech support. Etc.venues is a leader in urban day-conferencing, providing the space needed for corporate events, trainings and conferences. Convene acquired etc.venues in February of this year, growing its global network of meeting, event and flexible office locations to 39 venues across nine cities in the U.S. and U.K.
Learn more at www.convene.com.
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