Question

Topic: Research/Metrics

Business Model For Conventional Center

Posted by Anonymous on 4/16/2010 at 7:38 AM ET 500 Points
Hi
Can anyone guide me the best and innovative business model for Conventional Center"

- Expenditure
- Revenue ( some innovative ways)

Sorry to trouble your mind, but would be requiring urgent for analysis..

welcoming your best shot

Heena
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RESPONSES

  • Posted by koen.h.pauwels on 4/16/2010 at 8:10 AM Accepted
    Hi Heena,

    Do you mean 'Convention Center'? 'convential' means something else! also, can you give us some more background as to the location and target audience of this convention center?

    cheers
  • Posted by steven.alker on 4/16/2010 at 8:54 AM Accepted
    Yes I was thinking "Centre of wha”t or what centre? Also size, numbers, facilities where, possible uses and so on

    If you really did mean a conventional centre then read Simon Smolin and avoid marketing Black Holes.

    They have very unconventional centres
  • Posted by steven.alker on 4/16/2010 at 8:54 AM Member
    Yes I was thinking "Centre of wha”t or what centre? Also size, numbers, facilities where, possible uses and so on

    If you really did mean a conventional centre then read Simon Smolin and avoid marketing Black Holes.

    They have very unconventional centres
  • Posted by mgoodman on 4/16/2010 at 10:12 AM Accepted
    You will need to clarify your question and provide some additional information. Where? Who are current customers? Is this even a going business? What have you tried? What worked and what didn't? Etc.
  • Posted on 4/17/2010 at 1:33 AM Author
    Hi All

    By the conventional center I mean the place for event, exhibition, seminars etc.
    The project is in India ( Goverment land), we need to develop a business model for the same.

    This would be 100 odd acres with mix of Hotel facility (which is obvious too), but i need to understand some innovative ways by which we can have revenue generated other than fix fees of delegates and shows....

  • Posted by Jay Hamilton-Roth on 4/17/2010 at 2:09 PM Accepted
    Other than rentals for other events (weddings, private parties, performances), the space itself could be used by a college class space, art museum, film stage, etc.
  • Posted by koen.h.pauwels on 4/18/2010 at 6:25 AM Member
    moreover, entertainment and catering typically add a lot to the revenues; I found such plans for US convention centers such as those in LA and Minneapolis:

    https://docs.google.com/viewer?a=v&q=cache:ck5_c5LIa9wJ:www.ci.minneapo...
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