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Event Facilities in the US Procurement Price, Data and Insights
This report is intended to assist event facility renters, including banquet rooms, exhibit halls, conference rooms, and classrooms. Conference centers, hotels, and universities are the primary suppliers of event facility rentals. Buyers rent event facilities for various uses, such as corporate meetings and business expositions.
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What’s included in this market coverage
IBISWorld's research coverage on the Event Facilities procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Event Facilities market in the United States includes University Event Facilities, Sports Arenas, Hotel Event Facilities and Convention Centers. Standard coding in this coverage includes ISIC-681-Real estate activities with own or leased property, NACE-68.20-Rental And Operating Of Own Or Leased Real Estate, NAICS-531120-Lessors of non-residential buildings (except mini-warehouses) and UNSPSC-90111600-Meeting facilities.
What common market terminology is included?
Common market terminology included in the Event Facilities procurement coverage includes Booking (A room or facility reservation.), Complete Meeting Package (CMP) (A collection of services, including room rental and catering, bundled into a single price.) and Venue (The building or area in which an event is to take place.).
What companies are included as top suppliers?
The top companies covered in the Event Facilities procurement report as suppliers are Oregon Convention Center, Metropolitan Pier and Exposition Authority, Las Vegas Convention and Visitors Authority, Georgia World Congress Center Authority and Events Dc.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Event Facilities market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per hour, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Event Facilities market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Event Facilities procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Event Facilities market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Event Facilities market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Event Facilities?
The 2026 benchmark market price for Event Facilities is $760 per hour. Prices have increased at a CAGR of 4.76 from 2023-26.
Who are the top vendors in the Event Facilities market?
The top vendors in the Event Facilities market include Oregon Convention Center, Metropolitan Pier and Exposition Authority, Las Vegas Convention and Visitors Authority, Georgia World Congress Center Authority and Events Dc.
What industries supply the Event Facilities market?
The top industries supplying the Event Facilities market are Audio & Video Equipment Manufacturing in the US, Semiconductor & Circuit Manufacturing in the US, Food Service Contractors in the US, Fruit & Vegetable Wholesaling in the US, Meat, Beef & Poultry Processing in the US, Janitorial Services in the US and Janitorial Equipment Supply Wholesaling in the US.
What is the supply chain risk for Event Facilities?
Low vendor financial risk enhances buyer stability and improves contract predictability.. Stable input costs and steady demand have supported the financial health of event facility vendors, resulting in consistent profitability. Buyers benefit from reduced risk of service disruptions or sudden price changes, as suppliers are generally able to maintain reliable operations. Procurement teams can prioritize long-term partnerships and negotiate multi-year contracts with greater confidence, while continuing to monitor market conditions for any emerging financial pressures.
What factors affect the price of Event Facilities?
Event facility pricing varies significantly based on location, with venues in prime urban centers or high-demand areas commanding higher rates. Proximity to transportation hubs, hotels, and attractions further influences costs, as premium locations offer added convenience and prestige.
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