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Convention center reports steady bookings; Baker Tilly cites 3.4% food-and-beverage growth and $5.3M cash balance
Summary
Oak View Group reported 12 November events and a healthy sales pipeline for 2026; consultant Kyle Grossman of Baker Tilly said December food-and-beverage distributions rose to $289,000 (3.4% over Dec. 2024) and the board's November cash balance was just over $5.3 million, with placeholders for the roof ($388,000) and river project ($450,000) moved into early 2026.
Oak View Group, the convention center manager, told the Vigo County Capital Improvement Board on Dec. 17 that November production included 12 events over 14 days with nearly 1,500 attendees and gross revenues around $97,000. The firm reported a sales funnel of roughly $1.3–$1.4 million for future business, 40 definite contracts already in place for 2026, and retention of about 55% of repeat annual clients.
"In November, we had 12 events that we hosted, which accounted for 14 total days. Total attendance for the month was almost 1,500 and gross revenue was around 97,000," the Oak…
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