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Swanage Railway General Discussion

Rasprava u 'Heritage Railways & Centres in the UK' pokrenuta od Rumpole, 10. Listopad 2012..

  1. 80104

    80104 Member

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    Yes but this is a very specialist activity and requires knowledgeable and skilled staff to deliver the experience expected and demanded. That is not to say that it cant be done but SRC would need to say that this is something that they are going to do and resource it accordingly.
     
  2. martin1656

    martin1656 Nat Pres stalwart Friend

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    Enough of the problems, how about the solutions.
    The timetable should be one that's easy to understand, and relatively understandable
    early season, have one engine in steam, on Saturdays, 1 steam, + diesel ( loco, or dmu) sundays,
    re introduce printed timetables and distribute them too every hotel, camp site guest house and b&b in the area, with ideas for days out around the railway using the railway as the way to get there,
    run a trial DMU evening service to corfe, in partnership with the council to advertise the bars, pubs restaurants, possibly offering discounted fares, if the council can grant aid it, but as ever it has to be advertised,with offers to make people staying in the area think, lets do it,
     
  3. 35B

    35B Nat Pres stalwart

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    Agreed - in an ideal world. But I suggest that the constraints of where the railway operates to need to be borne in mind, along with a view of how price sensitive demand is. Sadly, there's a reason why the Swanage, and many other, seaside branches died in the first 25 years of BR. Do we know, for example, what the correlation of Swanage Railway ticket sales is to local holiday bookings - do the trends align, or is the railway suffering particularly? Ditto re. other local attractions.

    Which takes us to @martin1656 at post #9422 - these are all good ideas, but do we actually know that they're the right medicine for the problem? Is there any analysis that tells us that this gut feel - which I share - is actually appropriate to Swanage's issues?
     
  4. Alan Kebby

    Alan Kebby Well-Known Member

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    Indeed it is something that would need to be done properly. However the rewards are potentially quite high. When we were looking at wedding venues, it was quite normal for the price to be double or tripled once the word wedding was mentioned, compared to booking the same venue for some other event.

    If an experienced wedding planner was employed, then a few weddings could cover their salary as well as generating a healthy return for the railway.

    I’m sure this is one of the options the SRC will consider, alongside others ideas. It will be interesting to see what the new commercialised Swanage Railway ends up looking like.
     
  5. 35B

    35B Nat Pres stalwart

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    Trust me, this is not the money for old rope that it appears. If that experienced planner is hired, their salary will be added to the cost base, and will need to be backed up with investment to create an offering that will appeal to couples. I'd be pleasantly impressed if that delivered a return before 2025, assuming all goes well - and that's assuming that preferred suppliers are used who bring all the kit to the railway, allowing things to be done without investment in assets.
     
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  6. Pete Thornhill

    Pete Thornhill Resident of Nat Pres Staff Member Administrator Moderator Friend

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    Weddings aren’t always the golden egg you believe.
    It’s the industry I work in and although my business has continued to do well there has been a contraction of wedding venues over the last few years.

    Ross on Wye is a good local example, there were five main venues in the town and its outskirts. Over the last few years all have closed apart from one.

    Generally the wedding industry is quite robust, during recession people still got married and the same is true for the current cost of living crisis, although I’ve found a shift to more midweek weddings as the venues charge less for the hire, this has actually benefited my business as over the last two years I’ve done more weddings in the week than ever before, as I charge the same for these it means I’ve actually increased business to the point it’s my full time job, but, at the same time it’s getting tougher as more and more venues find that they cannot make enough money to keep going who have found it’s more expensive than you may think to even just provide the venue. You need staff to run it and you need to be doing an awful lot of weddings to make it viable. You get the odd venue which still operates on the limited licensing offered under TENS but they are few and far between and those still operating are doing so for a bit of supplementary income to another part of their business and not actually making much at all in reality. The venues that are still successful and more importantly generating decent profits are basically wedding factories, churning out wedding after wedding, week after week. Even some of those have closed though. Like heritage railways the industry has changed over the last few years, it’s not what it once was and not as profitable as you think in your other post.

    I’ve worked in the industry for over two decades and watched it change. Sure there have been a couple of new venues pop up but a lot more have thrown in the towel after realising it’s not easy anymore, especially if you are employing outside contractors for things like catering which have all increased in cost not just by a little bit, but substantially in the last few years which is why all those wedding factories I mentioned earlier do it all in house in the main or have long standing deals with local suppliers, neither of which is cheap.

    I’m not saying that it’s impossible to establish something now or make money from it but looking at the Swanage set up, I would be wary of trying it, especially if the finances are in a poor state, as it could quite easily become a money pit while getting established and any potential reward could come too late.
     
  7. Pete Thornhill

    Pete Thornhill Resident of Nat Pres Staff Member Administrator Moderator Friend

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    This is pretty spot on, as I just posted it isn’t easy at all and getting established is the difficult part especially against other venues already operating.
     
  8. Jon Lever

    Jon Lever New Member

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    Not many certainties in there that I can see to encourage confidence. Does it not occur to you that one of the reasons why many venues charge higher rates for weddings as opposed to other events is because of the higher costs involved? What's the going rate for an experienced wedding planner?
     
  9. Pete Thornhill

    Pete Thornhill Resident of Nat Pres Staff Member Administrator Moderator Friend

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    At least £25k, more for someone decent.
     
  10. 35B

    35B Nat Pres stalwart

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    So a cost of employment that will probably be £40k+...
     
  11. Pete Thornhill

    Pete Thornhill Resident of Nat Pres Staff Member Administrator Moderator Friend

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    Yes, and the 25k is at the lower end of the scale!!!
     
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  12. Alan Kebby

    Alan Kebby Well-Known Member

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    But if you are making significantly more than £25k / £40k a year from wedding bookings then it could be worth doing.

    All I’m saying that although it might be necessarily happen, this is just one of many ideas that the Swanage Railway should (and probably already is) at least consider.
     
  13. Alan Kebby

    Alan Kebby Well-Known Member

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    No higher costs in the venues I looked at. It was simply venue hire cost, nothing else included, which jumped massively as soon as you said it was for a wedding.
     
  14. Steve

    Steve Resident of Nat Pres Friend

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    The NYMR used to do weddings and actively promoted them. However, it pulled out of it several years age. I wonder why if it is as lucrative as is being suggested? Or was it simply that it wasn’t?
     
    Last edited: 6. Studeni 2023.
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  15. 35B

    35B Nat Pres stalwart

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    Absolutely - but both @Pete Thornhill and I are saying, from our separate experiences, that this idea is one that needs to be looked at very carefully because the reality is a lot tougher than the headlines suggest, especially if there's no capital available for speculation.
    Because people will pay more for weddings* than for other events.

    * - not sure I get this; we had our wedding celebration in the old school opposite the church, and did it so simply as to make any wedding planner weep...
     
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  16. Alan Kebby

    Alan Kebby Well-Known Member

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    Maybe it wasn’t for the NYMR. It’s just one of the many options that the Swanage Railway needs to consider to see if it would work for them.
     
  17. Pete Thornhill

    Pete Thornhill Resident of Nat Pres Staff Member Administrator Moderator Friend

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    That’s just one cost though and one 25k is the lower end. If you operate under Temporary events licences (TENS) you are limited in how many you can put on, to do more requires more licensing so immediately there’s another cost. Then even just for venue hire you have things such as cleaning costs as just one example. It’s something that requires a lot of thought and deep pockets to become established and successful.

    Looking at my own bookings the other issue which @35B touched on, it’s not going to make an instant profit either. In the main, especially in high end venues weddings tend to be booked long in advance. 2024 for me was basically booked out long ago for me and 2025 is getting pretty full too. I even have a couple of weddings already booked in for 2027 which illustrates its a long term journey from getting established until you see decent returns. The vast majority of people getting married next year will already have chosen their venues etc so you need to look at the longer term, I’m not sure the Swanage railway have that sort of timeframe available to then before seeing a return especially when awaiting these bookings they still have costs such as the aforementioned wedding planner who needs paying from day one.

    Sane at the SVR, they used to offer a package which included receptions in the Valley Suite but no longer do, what’s interesting there is they use wedding caterers for their dining train but still decided it wasn’t worth offering the package deal they used to.
     
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  18. johnofwessex

    johnofwessex Resident of Nat Pres

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    It seems to me that the obvious example of how to make some money is the 'fish and chip' train

    The railway provides the seats and someone else does the hard work of selling and organising.

    Polar Express ditto
     
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  19. Cuckoo Line

    Cuckoo Line Member

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    Interesting to note that other railways in SE are holding there own, Bluebell apparently expected to better their forecast for 2023 and KESR doing quite well , see AGM report as per the KEsR thread. swanage meet regularly with these so I would hope they are taking note of the good things these are doing.
     
  20. 80104

    80104 Member

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    It is challenging to correlate local holiday bookings with Swanage railway ticket sales due to a lack of robust visitor data. Visit Dorset endeavour to collate visitor data but it is usually published considerably "post event". Furthermore 1) the vast majority of visitors to Swanage are "day trippers" 2) air bnb owners - who now appear to form a considerable % of the bed stock - do not tend to provide data for obvious reasons.

    I wonder when and on what basis the fare levels were actually set. Judging by changes over the past few years it appears that the fare levels were set "donkeys years ago" and are simply increased based on some form of "assessment of inflation and cost increases." No account is taken of elasticity of demand.

    Other local attractions do not usually publish their visitor numbers for analysis. However The Tank Museum has C200K visitors per annum proving the enduring fascination with warfare.

    With reasonable bounds it is a good idea. Arguably the F and C is the best because it uses existing services which would be running anyway. However you have to have very robust and accurate cost data so you ensure that the fare / price you quote to the third party not only covers your costs but gives a suitable profit margin on top because you are foregoing running a similar event yourself. The other disadvantage is that the PE and F+C customers are not your customers so you can not collect their data for targeted marketing of future events.
     
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