mo.rocks<\/a>. In addition, they are already estimating a double growth digit for 2017.\u00a0<\/p>\n\u201cThe venue booking landscape is changing rapidly with consumers planning almost a year ahead of time. Some customers have even paid in advance, especially for popular venues,\u201d said Vincent Kok, Chief Eventgelist of VMO Rocks Sdn Bhd when announcing their latest growth figures since going live in 2015.\u00a0<\/p>\n
According to Kok, at the end of December 2016, VMO received RM39 million in inquiry value compared to RM9.5 million in 2015. The value of bookings also increased from RM223,000 in 2015 to RM1.19 million in 2016, a growth of more than five times.<\/p>\n
As of 30 June 2017, VMO\u2019s total number of bookings is already 2.2 times more than bookings made in the first half of 2016, giving VMO a competitive edge in the online event venue and services booking industry in the country and perhaps in the region.<\/p>\n
VMO\u2019s figures also show that restaurants are getting the bulk of the online booking revenue at 64%, followed by pubs at 17%, event spaces at 9% and cafes at 7%.<\/p>\n
\u201cConsumers today are serious about making online bookings and getting instant confirmation on the \u2018newest\u2019, \u2018hipster\u2019 and \u2018instagrammable\u2019 spaces in town,\u201d said Kok. \u201cThe hottest trend in the country currently, however, is booking \u2018blank spaces\u2019, where customers decorate and fill up a completely empty venue space by themselves.\u201d\u00a0<\/p>\n
While one may say that booking ahead is quite a common practice, especially for weddings given that this industry is vastly popular and very demanding, but the fact that many consumers are opting to book venue spaces online, receiving instant confirmation for dates and the menu as well as getting spoilt for choices from a range of different services available, such as florist, bands, photography, catering services and many more, simply at your fingertips, is surely a new phenomenon.<\/p>\n
\u201cThey want the \u2018WOW\u2019 factor! They want things fast! They want to curate their very own unique event with their selected venue, creativity and flexibility,\u201d said Kok. \u201cIt is in line with this that VMO now celebrates its new tagline, \u2018Celebrating Creatively\u2019!\u201d\u00a0<\/p>\n
VMO\u2019s recent success in raising half a million Ringgit in an equity crowdfunding campaign to further advance its business has seen an increase in listings to 1,000 establishments, and has already made its way to the shores of Sabah and Johor.\u00a0<\/p>\n
\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
Alternative and DIY event venues are all the rage nowadays when it comes to booking venues online as more and more Malaysians plan ahead to organise personalised events instead of the more traditional \u201cbeen there, done that\u201d venues. \u00a0 Popular Malaysian instant event venue and services portal startup, VMO Rocks Sdn Bhd saw a staggering […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-902","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=902"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/902\/revisions"}],"predecessor-version":[{"id":5349,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/902\/revisions\/5349"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}