Hello! I am also having my reception at Kool Beach Club. However, after our Welcome Party the night before, we are inviting anyone who is interested in staying out a little longer to join us at Blue Parrot for drinks/dancing/fireshow - so we get the best of both worlds! The biggest difference I see between the two is privacy and the amount of space you will need. At Blue Parrot, they have party areas that are seperated from the bar/club but obviously you can still see/hear everyone at the bar so it just depends how much privacy you want. Also, in terms of actual space, to me Kool seemed quite a bit larger than Blue Parrots VIP terrace; however, if you are having a smaller group the VIP area at Blue Parrot would def work. When I saw Blue Parrot during my site visit, they actually had a wedding that night and I did sneak a peak of their set-up and it was very beautiful! I really enjoyed both locations and see positives at either place. Good luck!