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Business Summary: Hall of Fame Resort & Entertainment Company is a resort and entertainment company. The Company is the owner of the Hall of Fame Village, which is a multi-use sports and entertainment destination centered around the Pro Football Hall of Fames (PFHOF’s) campus and the DoubleTree by Hilton located in downtown Canton. The Hall of Fame Village consists of the Tom Benson Hall of Fame Stadium, the ForeverLawn Sports Complex, and Hall of Fame Village Media. The Tom Benson Hall of Fame Stadium hosts multiple sports and entertainment events, including the National Football League (NFL) Hall of Fame Game, Enshrinement and Concert for Legends during the annual Pro Football Hall of Fame Enshrinement Week. The ForeverLawn Sports Complex hosts camps and tournaments for football players, as well as athletes from across the country in other sports such as lacrosse, rugby and soccer. Hall of Fame Village Media leverages the sport of professional football to produce exclusive programming.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Hall of Fame Resort & Entertainment Co revenues decreased 12% to $21.2M. Net loss applicable to common stockholders decreased 18% to $56.9M. Revenues reflect Event Rents And Other Revenues decrease of 17% to $11.5M, Hotel revenues decrease of 8% to $6.9M. Lower net loss reflects SERVICES-MISCELLANEOUS segment loss decrease of 40% to $29.7M.