This specification introduces a new iCalendar [RFC2445] component VVENUE to provide detailed venue information for an event. The currently existing iCalendar standard (RFC 2445) provides only a simple text field ("LOCATION" property) for specifying the location where an event (or "TODO" item) will occur. This is inadequate for use cases where structured location information (e.g. address, region, country, postal code) is required or preferred, and limits widespread adoption of iCalendar in those settings.
This specification is targeted at communicating detailed information about venues at which events occur; it is not intended to provide the level of location information necessary for resource scheduling.