AEG facilities

AEG Management Leads LA Convention Center to Millions in Reserves

Celebrating three years with the Los Angeles Convention Center on Dec. 20, AEG Management is celebrating another achievement of leading the convention center to $6.1 million in reserves and annual operating surplus. This ended in a record-breaking financial result for the LACC along with many other improvements since the partnership began in 2013.

Since the management change, the LACC increased operating profits each year and surpassing its initial goal of $2.1 million in the first five years in only three years with $6.1 million instead.

LACC Reports Record Year

AEG Facilities, the world’s leading sports and live entertainment company, provides venue management and other specialized programs in operations, guest services, ticketing, booking, sales and marketing. This management has recently gained attention from its management of the Los Angeles Convention Center, as its 2015–2016 fiscal year yielded exceptional results. LACC reported a successful financial and operational year-to-date with the venue exceeding revenue expectations and nearly tripling the prior year’s profits.

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