Slow replies can cost you opportunities and reputation. Here are five major ways delayed responses can harm your venue.
Every moment counts when an event planner reaches out. Contacting a lead within five minutes can make you 21 times more likely to qualify that lead. compared to waiting 30 minutes. Meanwhile, studies show 78% of customers buy from the first business to respond.
A slow response does not just cost you a venue booking in the moment. It can shape how people talk about your venue long after the enquiry has gone quiet. When event planners feel ignored or left waiting, that frustration often gets shared.
14% of people who experience poor customer service will post about it on social media, and 20% will leave an online review. Planners talk to each other, and one bad experience can ripple through industry networks, damaging your venue’s reputation.
Repeat business is the lifeblood of most venues. In fact, 85% of all bookings come from existing customers, who convert at a 13% higher rate than new prospects. For meeting venues, more than 90% of medium and large venues rely on repeat clients, while hotels see just over 50%.
Slow responses signal poor service and make event planners question whether they can trust you to deliver, making them more likely to book with a venue that responds faster.
Event planners aren't just reaching out to your venue. They are contacting an average of 10 different spaces during the venue sourcing process. The number one factor that determines whether they move forward with a venue is simple; it’s the one that responds first.
If your team takes hours or even days to reply, you’re giving competitors a head start. Planners operate under pressure and don’t have time to chase venues for answers, expecting a response in 48 hours or less. Every slow response is a missed opportunity to secure a venue booking. Over time, these lost leads add up, reducing your pipeline and making it harder to hit revenue targets.
Every enquiry is a potential booking. However, slow responses significantly reduce your chances of conversion. Data shows that 78% of buyers choose the vendor that responds first, and responding within a minute can boost conversions by up to 391% compared to slower replies.
Slow follow-ups effectively hand business to the competition, impacting team momentum. Over time, this compounds shrinking revenue and making it harder to hit targets. Fast replies help your venue stay top-of-mind, improve sales efficiency, and convert more enquiries into events.
Event planners expect clear and prompt communication. According to Gitnux, 82% of consumers believe an immediate response is important, typically defining that as within ten minutes. When your team delays, planners feel ignored and may even question your ability to deliver when it counts.
Slow replies create stress and erode confidence in your reliability. In contrast, a fast, informative reply meets expectations and sets a positive tone for the entire booking process, building trust from the start.
The good news? Improving response time is easier than you think. AI automation can transform how venues handle enquiries, giving planners the answers they need, fast. Using automated responses means enquiries are instantly acknowledged, while AI-powered systems can qualify leads, provide accurate availability, and even suggest packages without human intervention.
• Faster response times
• Fewer lost leads
• Increased conversions
• Improved customer experience
• Greater trust and loyalty
iVvy now combines AI and automation to streamline your venue operations.
iVvyAI frees your team from repetitive admin, speeds up the sales process, and provides the clarity you need to grow revenue with confidence.
Our first product, Instant Proposal powered by hivr.ai, uses AI to read every inbound email enquiry, extract key details, qualify leads, and automatically enter event data into iVvy—so your team can create tailored proposals in minutes.
Your team can respond faster than competitors, win the first reply, and protect your sales pipeline without adding extra workload.
Venues using iVvyAI Instant Proposal have reduced response times by 30–50%, achieved up to 70% revenue growth, and increased conversions by 2–3x.