Friday, July 22, 2011

SMG is awarded Full Management Contract for Movistar Arena in Santiago, Chile

Hiller Inversiones has selected SMG, the global leader in convention, arena, and stadium management, as private manager of its Movistar Arena. The arena complex with 31,000 square meters of indoor space has a capacity of 16,419 people for concerts, includes two multipurpose sport courts, 23 private suites and boxes, 5 private meeting rooms, 2 exhibition halls, and parking for more than 2,000 cars.

“All of us at SMG are delighted with this decision. We have enjoyed a close and productive working relationship with Hiller Inversiones. We look forward to its continuation and the opportunity to provide world-class events and management for this terrific arena," said Wes Westley, President and CEO, SMG.

SMG was chosen following a highly productive three year consulting contract, during which time the facility acquired a major naming rights deal and in 2010 surpassed more than a 100 days of occupancy.

Movistar Arena is South America´s premiere indoor concert venue, hosting international acts such as WWE, Jamiroquai, John Fogerty, Kenny Rogers, Ennio Morricone, Backstreet Boys, Motley Crue, Seal, and Ozzy Osbourne, during 2011, and is SMG´s first full management account on the continent.

Daniel Hiller: "In the past three years SMG has provided us with a great deal of support and ideas to improve our business and product. The next logical step in our relationship was to pursue the full management agreement and allow SMG the opportunity to fully demonstrate why it continues to be the industry vanguard.”

VP of Business Development, Jochi Davila who has worked on the project since first initiating contact with Hiller Inversiones in 2007, leads SMG´s developmentefforts in Santiago and neighboring areas. “For the past three years SMG has been so proud to have been involved with the Movistar arena and Hiller Inversiones. We look forward to capitalizing on the successes we have achieved and to many successful years together,” said Jochi.