M.I.C.E. Venues
| July 12, 2010 De Vere Venues Joins Forces With Ricoh Arena | |
| The Ricoh Arena in Coventry and De Vere Venues have agreed to partner to bring a market leading proposition to the meetings, conferences and hotels market. The Ricoh Arena will rebrand its hotel as part of De Vere Venues this month while De Vere staff will be selling the venue's conference and events facilities on behalf of the Ricoh Arena. With the Compass Group continuing to operate the day to day management of the site; the Ricoh sales and management team will now benefit from the £300 million annual pipeline that De Vere Venues brings to the partnership. Plans for the hotel which will be the newest De Vere Venue include a £1 million development project which will see the expansion of the hotel to include additional bedrooms and the launch of a De Vere training suite. The 5,000sq ft training centre will incorporate De Vere Venue's signature training and meeting space, syndicates and bespoke breakout and coffee points. The Ricoh, which can accommodate up to 5,000 delegates, expects to complete the expansion by the end of the year. Daniel Gidney, Chief Executive of the Ricoh Arena, commented: "We are looking forward to establishing the De Vere at the Ricoh Arena as part of our major investment plans to drive the business forward. We will shortly have around 15,000 sqm of conference, exhibition and meeting space - which is more than Wembley! "The De Vere sales team will be working with the Compass team to promote the flexible facilities that we have and to continue growing the B2B aspect of the Ricoh Arena." Tony Dangerfield, De Vere Venues CEO, said: "We are delighted to announce our latest contract win. At De Vere Venues we pride ourselves in our ambitious growth strategy and the Ricoh Arena is a fantastic asset to our diverse portfolio. In a time when other businesses are struggling its great to see our team continuing to grow the De Vere Venues brand." | |
