Mr. Pat Christenson's Presentation on Live Music

Mr. Pat Christenson's Presentation on Live Music

LIVE MUSIC REPORT SNSEC IMPACT OF LIVE MUSIC • 85% of attendees are from out-of-market vs. traditional market • LET of 9%; $7M gross for Rolling Stones • Hotel room tax; overall visitor spend • Branding - Las Vegas #1 live music destination in the world. “Yes, [we had] net reduction of 21 shows at the T-Mobile Arena, okay? And then in addition to that, we had the seven fewer, including the Mayweather-MacGregor fight in August of 2017, which doesn't repeat itself.” Caesars CEO Mark Frissora Q2, Earnings Summary (7-19-18) - Call Transcript AVERAGE TOTAL SPEND PER VISITOR/PER TRIP NFR $2,630 PBR WORLD FINALS $2,080 NASCAR ROCK ’N ROLL WEEKEND MARATHON $1,860 $1,830 BASKETBALL TOURNAMENT SAW A SHOW- $1,620 CONCERT $1,530 AVG. SPEND PER VISITOR $1,320 Source: Las Vegas Convention & Visitors Authority Downtown Las Vegas Events Center Las Vegas Venues & Festival Grounds Opened: 2014 Capacity: 12,000 Las Vegas Motor Speedway Opened: 1998 Capacity: 135,000 Las Vegas Festival Grounds Las Vegas Motor SpeedwayOpened: - 13 miles 2015 Capacity: 80,000 33 acres Life is Beautiful Orleans Arena Started: 2013 Opened: 2003 Capacity: 50,000 Capacity: 9,000 T-Mobile Arena Las Vegas Convention Opened: 2016 Center Capacity: 20,000 Opened: 1959 MSG Sphere Square Footage: 2.2M Opening in: 2020 Las Vegas Stadium Capacity: 18,000 Opening: 2020 Mandalay Bay Events Capacity: 65,000 Center Sam Boyd Stadium- - 9 miles Opened: 1999 Capacity: 12,000 Sam Boyd Stadium MGM Grand Garden Opened: 1972 Arena Thomas & Mack Center Capacity: 34,680 Opened: 1993 Opened: 1983 Capacity: 17,000 Capacity: 17,222 South Point Arena and Equestrian Center Opened: 2006 Capacity: 4,600 South Point - 6.1 miles Tournament Bowling Plaza Opened: 2014 Lanes: 60 lanes Smith Center - 6 miles Smith Center Opened: 2002 Las Vegas Concert Venues Capacity: 2,050 Colosseum at Caesars Palace Opened: 2003 The Pearl at the Palms Capacity: 4,298 Opened: 2001 Capacity: 2,600 The Chelsea Opened: 2013 Capacity: 2,500 Brooklyn Bowl Park Theatre Opened: 2009 Opened: 2016 Capacity: 2,400 Capacity: 5,300 Zappos Theater at Planet Hollywood Opened: 1976 Capacity: 7,000 The Joint at Hard Rock Opened: 1995 Capacity: 4,200 House of Blues at Mandalay Bay Opened: 1999 Capacity: 2,500 South Point - 6.1 miles NEW VENUES • 360 feet tall by 500 feet • 360 degree 170,000 SF exterior in HD • 18,000 seats, with suites and luxury amenities • Sound beams sent directly to each seat • Vibrations (bass) built into floor • Use venues video and acoustics to create custom v. touring shows WHAT HAS IT COST THE DESTINATION? HOW DO WE MAXIMIZE GROWTH? .

View Full Text

Details

  • File Type
    pdf
  • Upload Time
    -
  • Content Languages
    English
  • Upload User
    Anonymous/Not logged-in
  • File Pages
    8 Page
  • File Size
    -

Download

Channel Download Status
Express Download Enable

Copyright

We respect the copyrights and intellectual property rights of all users. All uploaded documents are either original works of the uploader or authorized works of the rightful owners.

  • Not to be reproduced or distributed without explicit permission.
  • Not used for commercial purposes outside of approved use cases.
  • Not used to infringe on the rights of the original creators.
  • If you believe any content infringes your copyright, please contact us immediately.

Support

For help with questions, suggestions, or problems, please contact us