PRESIDENT of the newly renamed Marquee Event Group in Austin, Texas, Damon Holditch, CSEP, CERP, purchased his party rental business in 1985 and turned it into one of the top party rental companies in the area. In 2000, he painted all his trucks...
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QUESTION: What do you get when you take one real estate broker, add a love of at-home entertaining and a dash of entrepreneurial ambition? Answer: Charlie Feldbaum. The former college finance major and one-time stockbroker says it was his desire...
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WHEN business booms, a rental company can outgrow its showroom quickly, and while making a move is never easy, an investment in a special space can really pay off. Party Rental Ltd. discovered this when it relocated its New York showroom, which...
Los Angeles-based Classic Party Rentals announced today that it has acquired Atlanta Party Plus, based in Atlanta, and Carolina Party Plus, based in Charlotte, N.C. The deal means that Classic now has 18 locations and generates combined annual...
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“A typical 40-truck fleet can be paying as much as a million dollars more for fuel now than they were two years ago,” according to Alex Walker, CEO of Toronto-based Cube Route's on-demand logistics management service. Party rental companies feel...
Joe Valente has a big job handling big events. As general manager of DC Rental in Arlington, Va., he oversees a $13 million operation that serves some 6,500 events a year, including U.S. presidential inaugural balls, big-time sporting events and...
SPECIAL EVENTS MAGAZINE: When we interviewed Fred in 2002, we talked about how the party rental business was perceived by the investment community as a fragmented moneymaker with no clear-cut leaders. How would you describe it now...
TOO costly, too cumbersome — that's the opinion most event rental operators hold of bar-coding, the inventory management system that uses scanners to read an item's identifying labels printed with “bars,” or lines. This data is fed into various...
ELEGANT crystal, fine china, lavish linen — event rental is a high-touch business. But managing rental inventory has traditionally been a low-tech affair, due to the challenges of managing a vast array of products that move in different quantities...
