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:
Highlighted events of 2016 include:
Embracing one of Branson's core values of sustainability, the Branson Convention Center contributed to the environmental and cultural sustainability of the city by:
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:
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.