Idealog Co., Ltd. Research release Is it influenced by inflation? ! The budget for 2024 year-end party will increase per person!

[Idealog Co., Ltd.] [Survey release] Is it influenced by inflation? ! The budget for 2024 year-end party will increase per person! ​
Idealog Co., Ltd. Press release: November 5, 2024 [Research release] Is it an influence of inflation? ! The budget for 2024 year-end party will increase per person! ~Venue Best Search comparative analysis of December usage data of 2023 and 2024~
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As a result of a comparative analysis of reservation inquiry data for year-end parties in December 2023 and December 2024, Venue Best Search found that there is an increasing trend in budgets and number of participants in 2024. Research overview – Target data: Venue Best Search inquiry information (mainly inquiries from corporations) – Number of samples: 1,207 in December 2023, 1,449 in December 2024 (excluding data under budget consideration) ## # Main findings 1. Increased budget cap – Inquiries for high price ranges of 12,000 yen or more per person increased by approximately 18.8% compared to the previous year
https://prcdn.freetls.fastly.net/release_image/83218/11/83218-11-bdb850d5ea31398008aff5c23194441d-861×581.png 2. Slight increase in number of participants – Approximately 3.7% increase in reservations for 101 or more people compared to the previous year – In particular, reservations for 101 to 200 people increased by about 6.5% compared to the previous year Consideration 1. Consideration of the rising trend of the budget ceiling – Changes in the market environment due to global inflation and rising raw material costs – An expression of a company’s welfare initiatives, etc. 2. Consideration regarding increase in number of participants – Due to recovery from the coronavirus, there is a tendency to return to holding large-scale events – Increasing importance as an opportunity for face-to-face communication as remote work spreads For year-end parties in 2024, it is thought that in addition to responding to price fluctuations, people will begin to emphasize opportunities for face-to-face communication. At Venue Best Search, we will work to investigate and lead the banquet market in the post-corona era. ■ Request for article citation When quoting this article, please comply with the following. ・Please write “Venue Best Search (Idealog Co., Ltd.)” in the credit. ・When quoting on the website, please provide a link to “Venue Best Search” (https://kaijosearch.com/). ■About Idealog Co., Ltd. In addition to operating “Venue Best Search”, the venue search site for corporations and organizations that has the largest number of listed facilities in Japan, we also operate “LP Craft”, a landing page (SEO page/advertisement page) generation service. Management site: Venue Best Search https://kaijosearch.com/ *If you would like to be featured, please use the link below.
https://kaijosearch.com/inquiry/ ■Company profile Company name: Idealog Co., Ltd. Address: THE HILLS HONGO 5F, 2-17-12 Hongo, Bunkyo-ku, Tokyo 113-0033 Representative: Representative Director Atsuyuki Ohno Established: January 9, 2013 Capital: 9 million yen Business content: Media business/consulting business URL:
https://idealog.co.jp/