News

Posted on: July 12, 2017

Branson Convention Center Reports Now Available for YE-2016 and Q1-2017

BCC

FOR IMMEDIATE RELEASE


The City of Branson has published the most recent reports of the Branson Convention Center for the Year Ending 2016 and 1st Quarter of 2017 as presented to the Board of Aldermen.

The 2016 Year-End Report showed that actual revenues of $4,337,371 came in $17,290 above the forecasted budget of $4,320,081, delivering a $22,748 better loss at of $398,783 than that budgeted of $421,531 398.

In 2016, the Branson Convention Center reported: 

  1. 2016 Estimated Group Attendance:  92K (2015: 75K which is a 17K increase year over year)
  2. 2016 Groups:  193 (2015:  219)/-26
  3. 2016 Group Event Days:  397.  (2015: 378 Days)/+19
  4. 2016 Group Room Nights at Hilton Properties:  38,907
  5. 2016 Estimated “NET” Per Capture Rate (Food/Beverage/Rental/Parking): 2016: $32.21/2015: $43.66 (ASCE & SYTA)

Highlighted events of 2016 include:

  • 2nd Annual FC Legacy Futsal Event with over 70 teams and 2,000 attendees and growing!
  • Vision Con Comes to Branson!  Southwest Missouri Premier Comi-Con Event
  • Branson Collector Car Auction Spring & Fall Auctions
  • 2016 Missouri Republican State Convention
  • Associated Electric Host Gala Dinner for Outgoing President Jim Jura
  • Loren Cook 75th Anniversary Celebration
  • 2016 Mid America Emmy Awards - Returning in 2019!
  • Boys & Girls Club “Thanks 4 Giving Gala” with Sugar Ray Leonard
  • 13 Cheer, Dance and Gymnastic Competitions!
  • 2016 Ended with a Nationally Televised RFA-MMA Fight viewed by over 45 million people in America!

Embracing one of Branson's core values of sustainability, the Branson Convention Center contributed to the environmental and cultural sustainability of the city by:

  • Creating the “Railway Herb & Garden” on property which produced product for catering clientele and for use by the Branson Convention Center culinarians in soups and salads.
  • Establishing the “Mayors for Monarchs Butterfly Garden”  in the South Parking Lot - an effort to further the initiative created by the Mayors of Missouri to help sustain the longevity and prevent the extinction of the Monarch butterfly population by creating a milkweed habitat that provides the nectar needed by Monarchs to live. 
  • Unveiling the first ever art program in collaboration with the Branson Arts Council featuring the works of more than 20 local artists in the upper level concourse. This showcase will rotate every six months for visitors to enjoy.
  • Achieving a 47% diversion rate through the commitment of the Branson Convention Center and SMG to recycle and compost.

The Branson Convention Center is well on its way to achieving similar results in 2017 as those reported in 2016: with March Net Revenues of $108,000, SMG topped its best first quarter since transitioning in 2014. To date, the Q1-2017 Report shows the Branson Convention Center is already experiencing a better loss than that forecasted, bringing in $140,ooo more revenue than budgeted. Actual revenue reported $993,000 compared to budgeted revenue of $853,000. With expenses of $119,000 above those budgeted, the P&L shows a better budgeted loss of $21,000 as of the close of first quarter.  

These reports may be found online in the reports library at www.BransonMO.gov/299/Reports. For more information about the Branson Convention Center, visit www.BransonCC.com or contact General Manager Marc Mulherin at MMulherin@BransonMO.gov. 


Media inquiries related to this content may be directed to Jennifer Langford, Communications Manager, City of Branson at JLangford@BransonMO.gov or by calling 417.337.0017.  


Receive Updates Via Text/SMS and Branson Alerts

The City of Branson provides multiple options for residents and visitors to STAY INFORMED via multiple information resources:

  1. Receive updates via email or Text/SMS messages delivered to mobile devices by subscribing at:  http://mo-branson.civicplus.com/list.aspx.
  2. Social Media – For up to date news and weather information throughout the City of Branson, follow social media updates posted on Facebook at: www.Facebook.com/CityBranson, www.Facebook.com/BransonMOFireRescue, and www.Facebook.com/BransonPolice, or on Twitter at: @CityofBranson, @BransonMOFire, and @BransonPD.  
  3. BransonALERTS is a free subscription service provided to all community members wherein users can select to receive updates via SMS/Text message to mobile devices, email, and automatic telephone calls. Visit http://mo-branson.civicplus.com/390/Branson-Alerts, then click the “Everbridge” option to get started.


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About the City of Branson, Missouri:  Located in Southwest Missouri, the City of Branson is committed to its citizens and to those who visit here, to ensure a safe and environmentally sound community. We will work as a team to maintain and promote the growth of our City, and to provide professional, courteous service to all through fair and open communication. We look to tomorrow, remembering yesterday, dedicated to excellence today.

About the Branson Convention Center:  Managed by SMG Management, the Branson Convention Center is a world-class meetings and events facility in one of our country’s most dynamic and entertaining destinations – Branson, Missouri. Resting at the heart of the $420 million Branson Landing development is a meeting planner, exhibitor and attendee’s dream. The Branson Convention Center is a high-tech architectural gem offering an exceptional 220,000 square feet of usable space, including one exhibit hall totaling 47,125 square feet attached to a 22,703 square foot ballroom. Meeting space also includes 14 flexible breakout rooms all within proximity to the ballroom and exhibit hall. Take advantage today and get the flexibility you need with every possibility for your next conference, banquet, wedding or special event.

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