Football season brings a list of perks to its fans, such as concessions, box seats, team rivalries, and the good ole passion for the game. Owners and facility managers, however, are thinking of how to deliver these perks in a way that can make them money, and keep their fans loyal.
The NFL has continued to do well over the seasons, according to a 2014 report by Forbes, the average team value is $1.17 billion, up 5% over last year. Each team received $180 million last season from the NFL from national media, sponsorship and licensing deals.
Forbes also concluded that the biggest separators between the teams are their stadiums and the revenue derived from each venue.A stadium’s appearance and the contents are extremely important, but the maintenance is another crucial aspect to allow owners to adjust cost and save money year over year on their assets.
Big Ticket Items in Stadiums
There are 31 stadiums in the NFL, and all have these top six ticket items that people purchase. Prices range based on stadium and location.
- Admission ticket – Average ticket price ranges from $54-$118
- Premium ticket – Average premium ticket price ranges from $140-$567
- Concession Hot Dog – Price ranges from $3-$6
- Beer – Price ranges from $5-$9
- Souvenirs – Price ranges from $15-$32
- Parking – Parking lots range from $10-$75
Now, in order to provide a pleasant experience for the guests, not only do owners need to provide the items listed above, but they need to improve on them.
Out of the 31 stadiums, 27 have been renovated between 1997-2015, and 17 of those have been renovated just in the last two years. Renovations such as, scoreboards, video boards, new concession stands, upgraded suites, fresh paint, new names, and new seats; these are just some of the top changes stadiums are doing to maintain the upkeep to attract new patrons and keep current ones.
Field maintenance is another crucial part to the game, and stadiums have two options: turf or grass. Those that choose turf pay a minimum of $52,500 a year while those who have grass pay $5,000 a year. This cost doesn’t include other routine maintenance such as, lighting, water management, and cleanliness of the stadium just to name a few.
Maintenance is a hefty task for any facility or operation, but especially a sports stadium. The proper installation of a CMMS can help with monitoring assets and keeping staff alert of potential problems to avoid extra spending costs especially when they need to be directed elsewhere.
CMMS for Stadiums
Money will always be a factor in any stadium or situation, so the key to better maintenance is being able to grab the low hanging fruit with a CMMS. This is commonly referred to as the 80/20 rule where 80% of the maintenance problems come from 20% of the assets. This makes it important to concentrate stadium maintenance resources on the assets that cause either the most problems or the most expensive problems.
Top 5 Reasons for Having a Stadium CMMS
- At the core of a CMMS, are the records of each asset’s location, description and maintenance history. This knowledge enables stadium maintenance management to identify assets that have a higher frequency of work orders so that preventive maintenance and inspections can be scheduled accordingly.
- When problems are reported or identified, a CMMS automates the work request and work order process so that time consuming paperwork is eliminated. This gives maintenance crews more time to spend completing work orders. More importantly, it allows stadium maintenance to be more proactive resulting in fewer major repairs and replacements.
- Properly maintained stadium assets will need less energy to operate. This is very important for high dollar assets such as display panels, broadcasting equipment, kitchen equipment and HVAC.
- When using mobile devices, stadium crews performing inspections for everything from seating to parking areas find that work can be done faster. This is because the handheld device can display an inspections checklist pre-loaded with inspections criteria. Inspections results are input directly into the mobile device so that the results can be transmitted back to management. What might have taken days can now be done in hours.
- The increased automation and control of work management processes enables more work to be done with the same amount of resources. This will directly impact the cost of labor of stadium operations.
A CMMS solution for sports stadiums can help lower labor expenses, extend the useful life cycle of assets and lower stadium energy costs. In today’s world, the financial impact of a CMMS system for stadium owners is tremendously positive.