CHAPTER 1

Convention Center Business Fundamentals: Derivatives

Space Use (Occupancy Rate)

KPI: Net Square Footage (NSF) vs. GSF Rented for Exhibit Halls—NSF/GSF Ratio

Owner

Sales Department

Data Sources and Collection

The Sales Department will maintain a record of NSF/GSF ratio.If the “KPI: Operating Profit or Loss Statements for Each Event” is used and its work sheets completed, then through linking spreadsheets using MS Excel, this KPI can be automatically updated very soon after each event

Reporting Frequency

Semi-annually or more frequently if data are collected by linking spreadsheets per the above.

Why This KPI Is Useful

There should be concern when occupancy of exhibit halls is stable, but NSF has declined. In a case like this, ...

Get Improving Convention Center Management Using Business Analytics and Key Performance Indicators, Volume II now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.