Venue profile · OVG Hospitality
Venue profile: Coastal Arena hospitality transition
A property-level review of an arena hospitality transition, from RFP structure to first-season operating results.
Executive summary
- 01
The award was decided by a capital and development package rather than the culinary program.
- 02
First-season per-cap rose while transaction counts fell, indicating mix change rather than volume growth.
- 03
Premium inventory was rebuilt before general concessions, setting the revenue curve for the term.
Key metrics
- Term length
- 12 years
- First-season per-cap change
- +13%
- Premium inventory added
- 3 clubs
Transition sequence
- 2024 Q2
RFP issued
Capital participation and premium redevelopment named as evaluation criteria.
- 2024 Q4
Award announced
Incumbent of 18 years replaced.
- 2025 Q3
Premium build completed
Three club spaces opened ahead of general concessions works.
- 2026 Q1
First full season reviewed
Per-cap up, transactions down, premium mix materially higher.