# Multi-Venue Event Consolidation

This guide explains how to consolidate event and function models across multiple venues and locations in Model Reef.

You will:

* Represent venues and event types in the branch structure.
* Reuse event profitability and staffing models across sites.
* Aggregate event performance into venue, regional and group views.
* Use scenarios to compare portfolios and strategies across venues.

Model Reef does not replace your operational booking and ticketing systems. It consolidates the financial outcomes of event activity across venues.

## When to use this pattern

Use this pattern when:

* You run events across several venues or locations.
* You want consistent economics for event types across sites.
* You need venue, region and group level event reporting.
* You want to test portfolio and strategy changes for the events business.

It combines with:

* Event and Function Profitability Model
* Seasonal Revenue Planning
* Staffing Rosters for Events
* Group Level Consolidated Reporting

## Architecture overview

Multi venue event consolidation uses:

1. Branch hierarchy
   * Venue branches for each location or site.
   * Sub branches for event types and key series.
2. Standardised event models
   * Shared templates for event revenue, cost and staffing.
   * Local adjustments for capacity, pricing and cost levels.
3. Consolidated reporting
   * Venue level and regional event performance.
   * Group level event P\&L, cash and key KPIs.
4. Scenario logic
   * Different event mix, pricing and staffing strategies by venue.
   * Open, close, refurbish or repurpose venues.

{% stepper %}
{% step %}

### Standardise event templates and apply across venues

First build an event profitability and staffing template for one venue as described in the other guides, including:

* Event and package level revenue variables.
* Direct event COGS, staffing and service cost variables.
* Roster and seasonality drivers.

Once you are satisfied with the template, duplicate it for each venue branch and adjust:

* Capacity and typical event sizes.
* Local pricing and revenue drivers.
* Local wage and cost rates.

This creates a consistent structure that can be consolidated.
{% endstep %}

{% step %}

### Organise venues, regions and group branches

In the branch tree, structure venues and regions, for example:

* Events Group
  * Region - City A
    * Venue - Ballroom A
    * Venue - Rooftop A
  * Region - City B
    * Venue - Hall B
    * Venue - Outdoor B

Ensure that event templates under each venue are consistent so that:

* Event types can be compared across venues.
* Reports can aggregate easily by region and group.
  {% endstep %}

{% step %}

### Build venue, region and group event reports

Use reporting tools to create:

* Venue level event P\&L, showing revenue, direct costs, staff and contribution.
* Regional event reports aggregating venues in each region.
* Group level event reports that aggregate all venues.

Use common categories so line items are comparable across venues, for example:

* Event Revenue.
* Food and Beverage COGS.
* Event Staff Costs.
* Other Event Direct Costs.
* Event Contribution.

You can also include charts and tables for:

* Events, guests and revenue by venue and region.
* Contribution per event and per guest.
* Utilisation and capacity metrics if you track them.
  {% endstep %}

{% step %}

### Integrate with wider hospitality group reporting

If events are part of a broader hospitality group model, combine event branches with:

* Regular venue trading branches for day to day operations.
* Central and head office cost branches.
* Group funding and capital structure variables.

This allows group level reports to show:

* Event business as a segment within the wider group.
* Total venue performance including both event and regular trading.
* Consolidated group P\&L, Balance Sheet and Cashflow.

Use filters and segment views to isolate event performance when required.
{% endstep %}

{% step %}

### Use scenarios for portfolio and strategy changes

Clone the base model into scenario models to explore:

* Opening new event capable venues.
* Closing or repurposing underperforming venues.
* Changing the mix of event types at specific sites.
* Adjusting pricing and staffing strategies across regions.
* Different marketing and channel strategies for event sales.

In each scenario, adjust:

* Event and guest drivers by venue and region.
* Pricing and cost drivers per venue.
* Central cost and funding assumptions if strategy changes are large.

Compare scenarios using:

* Event contribution by venue, region and group.
* Venue and group level EBITDA.
* Cashflow and funding requirements.
* Portfolio metrics such as events or contribution by venue and region.
  {% endstep %}
  {% endstepper %}

## Check your work

* Venue templates are consistent and differences are intentional and documented.
* Consolidated reports reconcile with venue totals and internal management views.
* Scenario results help answer real portfolio and strategy questions.
* The model remains understandable to both local managers and group leadership.

## Troubleshooting

<details>

<summary>Consolidated event results do not match internal reports</summary>

Confirm that all event branches are included, that starting points match and that category mappings align with existing reporting structures.

</details>

<details>

<summary>Hard to compare venues</summary>

Standardise naming, categories and templates, and ensure that event types are defined consistently across sites.

</details>

<details>

<summary>Model becomes slow or complex with many venues</summary>

Group smaller venues into cohorts and keep full detail only for major sites, or use separate models per region and consolidate at a higher level where needed.

</details>

## Related guides

* [Build a Multi Scenario Valuation Pack](/how-tos/valuation/build-a-multi-scenario-valuation-pack.md)
* [Build an M\&A Consolidation Model](/how-tos/investment-and-transactions/build-an-m-and-a-consolidation-model.md)
* [Tax Variables: what is, rules, what it affects](/help/drivers-variables-and-timing/tax-variables.md)
* [Modifier Driver Fields](/syntax/drivers-syntax/modifier-driver-fields.md)


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