A sign of the times

[CRAZY K]

Just had confirmation a client is not able to commit to booking for a Birthday next year ( after extensive quotes and enthusiastic discussions) because the partner is working in an occupation badly affected by the slump in the housing market and they have decided not to commit to anything at present--although clearly the situation will last way beyond next year.

I think this is a genuine reason and expect this to become more of an issue later in the year and next year.

The coming Xmas season could also be hit I suspect.

Cancellations could also be a feature of trading in the next couple of years.

I had the 4th July cancelled recently ( American Independence Day) which for you guys is a bit like New Years Eve being cancelled:eek:

Anyone else starting to experience this kind of thing?

CRAZY K

[Tom]

I have had a few. But the annoying thing is that i send out the booking pack and before they get it they phone me up to cancel so really there nothing i can do about it as they have not signed my t&c.

[rob1963]

I've not noticed anything yet, but I'm lucky to be in the South-East, which I'm assuming is where salaries are generally the highest & people have the most money.

[CRAZY K]

I've not noticed anything yet, but I'm lucky to be in the South-East, which I'm assuming is where salaries are generally the highest & people have the most money.

Not when the housing collapse hits Rob.

Anyone in the housing chain--- Estate Agents, Solicitors, Surveyors (all Professionals) in your area will all be badly hit

The booking that did not go ahead was in the South East area--well Dazs actually--Reading:D

Its unemployment more than reduced income which I think is the problem.

Lets hope for everyone things improve.

CRAZY K

[UltraBeat Entertainment]

And the problems only getting worse:(

In the last 2 months in my area I've seen 3 Estate Agents go out of business and a huge development of housing and flats grind to a halt due to the fact no one can afford to buy them anymore.

I haven't been directly affected yet but i fear it could only be a matter of time. it's like a domino. first builders, estate agents then the brick makers, concrete manufacturers, steel manufacturers and so on, and so on. this could cripple our country and there no sign of this coming to an end.

Hold on it's going to be a bumpy ride!:eek:

[Penfold42]

I think you are probably right....on the news yesterday the government warned of a recession similar to the 90....

..they said in about 3 months......reckon this is the start.....

..although I've had no cancellations YET!



So why am I posting this.....:D

[kd_entertainments]

at the end of the day, people still want to get married and if they are cutting back on the budget they will hire a disco all night rather than hiring an expensive band for the 1st half .:cool:

[PropellerHeadCase]

My protection against a recession? A pub/club residency - when times are hard people drink more.

[CRAZY K]

My protection against a recession? A pub/club residency - when times are hard people drink more.

At home after buying it for peanuts in Tescos:eek:

If you read the financial press today talking about the recession hitting the Licensed trade.

This is going to be different to the 90s recession.

CRAZY K

[rob1963]

when times are hard people drink more.


At home after buying it for peanuts in Tescos:eek:

My thoughts exactly.

[Solitaire Events Ltd]

This year has definately been slower in terms of multiple bookings for me, but Fridays have been a lot busier. Maybe people are getting better prices for a Friday rather than Saturdays?