Study Says Companies Using Tickets More
TicketOS, an online corporate ticketing solution provided by Razorgator.com, today released its latest corporate ticket index showing corporate ticket use for 1st quarter 2010. The index tracks key metrics regarding corporate ticket utilization and provides a snapshot of corporate-owned ticket inventory across North America. From January through April of this year, the study says that venues had 68% utilization, which the company says is up a whopping 45% from the same period in 2009.
The corporate ticket utilization trend continues to rise year over year according to Ticket OS. Club and stadium seating averaged 74, while suite seats averaged 66% for the period.
"Utilization numbers came in slightly higher than expected and the data points continue to demonstrate corporations are entertaining more frequently than they did a year ago," said John Wallace, General Manager of TicketOS.
According to Wallace, the following venues showed above average corporate-owned ticket volumes and utilization rates:
TicketOS, which says it manages season and sponsorship tickets on behalf of corporations in over 325 venues and teams across North America, is a service that aims to more efficiently manage spending, allocation and use of corporate tickets
TicketOS says it saw "unusually high utilization rates" from collegiate sports over the Winter, "ranging well over 85% across most venues... specifically college basketball."