Call Icon -The Loft on King Street+416.363.8388

Top Event Budget Tips for Your Holiday Party

‘Tis the season to be jolly!

‘Tis also the season to start planning holiday parties and RSVP-ing to all those event invitations you’re receiving. An office Christmas party here, a family reunion there, and multiple soirées with your friends – there’s no doubt about it that your December calendar will be chock-full pretty soon. 

While the most festive time of the year beckons you to be in the party mood, it does not mean you should break the bank to be merry. With these event budget tips, the holiday season will be bright and golden – without it causing a fortune.

An event space decked out in holiday decorations


Book the Venue in Advance

The holiday season is always bustling with busy bees doing their Christmas shopping and planning fun and fabulous holiday parties. In line with this, you can already guess that event spaces will be in high demand. You haven’t truly experienced the Christmas rush unless you’ve scrambled last minute to find the perfect venue for your event. 

Break this stressful pattern by reserving an event space about three months in advance. By doing this, you’ll have the opportunity to choose the venue, date, and time without battling it out with other people with the same event space preferences.

Moreover, booking the venue in advance means you’ll be taking full advantage of lower rates. We all know how everything becomes magically more expensive once December comes around, so this is a great tip to keep in mind. 

Depending on the location you select, reservation rates can range from affordable to extravagant. Booking during an off-peak time or weekday can help you stay within the allocated budget. 

Curate a Delectable Yet Affordable Menu 

Food is the life of the party. There’s no denying that. You can play great music, go all out on decorations, and have a fantastic night of surprises prepared, but if the food doesn’t invite your guests back to the buffet table for seconds, you’re in trouble.

A fantastic menu is always a crucial element of any holiday event. One of the most useful event budget tips we can give you is to curate a menu that is both exquisite and affordable at the same time. 

If you find yourself at The Loft On King this Christmas, then you’ll be immersed in a world of delicious and budget-friendly catering options. We pride ourselves in the Latino flair that is provided by Pablo’s Snack House. Featuring a selection of shareable plates, you can count on it that the unparalleled flavour of our signature cuisines will put a smile on your attendees’ faces. 

Less Decor Is Less Expensive Yet More Elegant

Have you ever heard of the saying, “less is more”? Well, it can apply to multiple things in life – including holiday decor.

Yes, truckloads of fairy lights, towering Christmas trees, intricate centrepieces, kilos of confetti, and bunches of balloons can truly unleash the Yuletide cheer; there’s no doubt about that. However, when you’re only going to be using them for one party, you might want to refrain from getting carried away. 

Don’t fret, though, because decorative wintertime elements no longer have to come with exorbitant price tags in this era of minimalism. If you know how to find the ideal balance between beauty and practicality, you’ll discover great buys in lesser quantities but better quality. A Christmas tree here, some lights sprinkled over there, and mistletoe by the door can bring all the holiday magic you need. 

Say yes to minimalistic Christmas party decor – it’s one of our top event budget tips!

Send Out Digital Invitations

It’s a shame that nobody really sends hand-written letters anymore. Honestly, we doubt if people still remember what it’s like to buy stamps or open an envelope. On the flip side, technology is incredibly convenient and it helps us minimize the use of paper, ultimately saving trees. 

Choosing to send out digital invitations to your guests contributes massively to saving on expenditures. No paper, no ink, and no risk of the message getting lost in the mail. Also, we have a hunch that Mother Nature would appreciate it!

Transform Your Team Into Event Specialists

Rather than looking elsewhere for a DJ, band, emcee, and party planner, why not look for volunteers among your family, friends, or staff members who are willing to contribute their talent to your holiday party?

Does your cousin live to perform on stage? Why not have them host the event or do a song number? Is your friend a pro at interior design? Why not ask them to help you plan the decor? Perhaps your colleague has a knack for music and would be happy to provide the soundtracks to the celebration.

With your nearest and dearest working together, your holiday party is slated to be a phenomenal success. You know what they say; teamwork makes the dream work! It’s one of the top event budget tips you should definitely take into consideration. 

A person pouring champagne into a glass

Bring Your Holiday Party to The Loft on King

The sophisticated function halls at The Loft On King are made to cater to all your private and corporate events. Being an enchanting blend of rustic grace and urban elegance, you can plan the holiday party of your dreams without it costing a fortune. It’s the perfect space to bring all these event budget tips to life!

Whether it’s an office Christmas party, a family reunion, a school dance, or a gathering with friends, this holiday season’s events are bound to be extraordinary – especially since it’s most likely your first post-pandemic holiday party.

Make Christmas merry, bright, and budget-friendly here at The Loft On King. Reserve your event space today