Hoover Met Complex posts third straight year with over $1 million net operating income and about 712,000 annual visitors

Representatives of the Hoover Met Complex reported to the Hoover City Council on Jan. 21 that the complex recorded approximately 712,000 visitors last fiscal year, generated roughly $91.3 million in economic impact for the community, and for the third consecutive year produced net annual operating income exceeding $1,000,000.

Shannon Eby, who presented the year-end performance indicators, said total visitors were within about 1,000 of the prior year’s high of roughly 713,000. Community usage increased by about 3,000 to about 74,000, and rental revenue reached $1.85 million. The report credited events such as the SEC baseball tournament for increased participant numbers that helped push event-related attendance higher.

Eby said the complex’s RV park has grown and that partnerships—such as a membership arrangement with Good Sam and a recent three-year exclusive sponsorship agreement with Andrew Sports Medicine and OS1 valued at $30,000 per year—are contributing to revenue. The report also said the complex generated more than 92,000 room nights.

On operating finances, the presentation said revenue exceeded budget by roughly $440,000, overhead expenses came in under budget by about $130,000, and net operating income finished at just over $1,000,000—about $300,000 better than budget. Eby said increased revenue raised cost-of-goods sold (cleaning, security, part-time staff) but that the net result was favorable.

Council members and city leadership commended the complex’s management for its performance and noted the facility’s role in producing local economic impact and room nights for hotels. Eby said the management expects continued growth in the upcoming fiscal year as new events fill previously open dates in the Findlay Center.