NHL Arena for 30,000 fans. Why, Why Not?
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10-09-2007, 02:09 PM
Join Date: Dec 2005
Originally Posted by
Every NHL has made a model/matrix of seats/cost/prices/taxes \.... EVERYTHING.
It has nothing to do with construction at all, Maintenance is also minimal.
Think of it as a price matrix, like a bell curve. Say at 18,000 seats you can charge 45$(average a ticket). Say you add a seat what is the increase/decrease in price. Say for 18,500 you can charge 42$, or 22,000 you can charge 30.
There is literally thousands of variables (all different for each market). And you have to enter them into the market model. The amount of seats to price is generally like this in the shape of a upsidedown U.
I could make a quick model on excel but I am too lazy. Basically price rises as you add seats, then stagnates, then lowers as you add more.
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