Hall of Fame Resort & Entertainment Company (NASDAQ:HOFV) Q3 2023 Earnings Call Transcript

And then, again, continuing to focus on events and really growing sort of the lifeblood of the property, pulsing in new people over and over, exposing them to everything that we do is really important for us, driving visitation from outside of Canton, Ohio, regional visitation. And the last thing I’ll leave you with is we’re not only focused on doing this in Canton, Ohio. We’re also focused on outside asset growth outside of Canton, Ohio. And so, we have brought on a consultant that will help us think through a very small representation, restaurant bar representation that we can activate potentially with the brand of the Pro Football Hall of Fame. And think about how do we take a business model that allows for low capital investment on our part and enhanced visibility outside of Canton, Ohio in major NFL cities or major tourism destinations as well.

And so, we’ve done a lot of work on that front. We’ve created a concept. Our board has seen that. And we’re really interested to move forward with this as an opportunity to grow our company outside of Canton along with media growth and gaming growth. So, more to come on that, but something that can present some opportunity to expose our guests to our brand outside of the State of Ohio and really incentivize them to want to come to the football Mecca in Canton to see the Pro Football Hall of Fame, to see everything that we’re doing and experiences that we’re having here as well. We’re looking forward to a really good Q4. We’ve got events on the slate. We’ve got revenue that is being generated in multiple ways. And as we talked about synergy is a really important part while at the same time managing our expense base.

So, want to thank everybody and thank all of our shareholders, our board and especially our team. We certainly appreciate all the hard work. It’s a great team. They work tirelessly to try and make this company great for our guests to enjoy and one for our shareholders to invest in. So, thank you.

Operator: This concludes today’s conference. You may disconnect your lines at this time. Thank you for your participation.