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Aramark Sports + Entertainment Becomes the Foodservice Provider for Reno Tahoe
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
Aramark (NYSE:ARMK) has secured a multiyear agreement to operate food and beverage programs at four key venues in Reno, Nevada: the Reno-Sparks Convention Center, Reno Events Center, National Bowling Stadium, and Reno-Sparks Livestock Events Center. This partnership aims to enhance guest experiences and celebrate the local culinary culture. Aramark will provide a range of services including concessions and catering at these facilities, which host various sporting and cultural events.
Positive
Secured a multiyear foodservice agreement for four major venues in Reno, enhancing market presence.
Will operate at venues with substantial capacity and diverse events, potentially increasing revenue streams.
Opportunity to enhance guest experiences, aligning with local culinary culture, which may boost customer satisfaction.
Negative
None.
Aramark to operate food and beverage programs at Reno-Sparks Convention Center, Reno Events Center,National Bowling Stadium, and Reno-Sparks Livestock Events Center
PHILADELPHIA--(BUSINESS WIRE)--
Aramark Sports + Entertainment, a division of Aramark (ARMK), today announced that it has become the new foodservice provider for Reno Tahoe. Reno Tahoe operates four entertainment facilities in Reno, Nevada – the Reno-Sparks Convention Center, Reno Events Center, National Bowling Stadium, and Reno-Sparks Livestock Events Center – which host a variety of sporting competitions, national meetings, and tradeshows, as well as equestrian and livestock events.
Reno-Sparks Convention Center (Photo: Business Wire)
“Reno Tahoe is a spectacular destination with endless, year-round entertainment opportunities,” said Aramark Sports + Entertainment President and CEO Alison Birdwell. “We are thrilled to be working with Reno Tahoe to deliver a food and beverage program at each of its unique facilities that can enhance the guest experience and represent the culinary culture, heritage, and diverse communities of the area.”
As part of the multiyear agreement with Reno Tahoe, Aramark Sports + Entertainment, which provides more than 150 award-winning food and beverage and facility service programs in premier sports and entertainment venues in North America, will operate concessions, clubs, as well as premium and catering services at the following venues:
Reno-Sparks Convention Center: Housing 600,000 square feet of meeting space, 380,000 square feet of contiguous exhibit space, and 53 breakout rooms, the Reno-Sparks Convention Center is the largest convention facility in Northern Nevada and hosts a wide variety of events, including conventions, trade shows, corporate meetings, consumer shows, sporting events and competitions, and community events.
Reno Events Center: The multi-use Reno Events Center seats up to 7,000 and hosts regional sporting events, national competitions, and a variety of family shows and headline entertainers.
National Bowling Stadium: The first facility in the United States dedicated solely to bowling competition, the National Bowling Stadium attracts regional and national bowling tournaments from 50 to 60,000 people. It is home to 88 championship lanes, including the 10 lanes added in 2012 at the Kingpin Club by Brunswick, a training and entertainment venue featuring a full bar with a lounge atmosphere. It is also home to the only satellite location of the International Bowling Museum and Hall of Fame.
Reno-Sparks Livestock Events Center: Sitting on 43 acres near the University of Nevada, Reno, the Reno-Sparks Livestock Events Center is the proud home of the Reno Rodeo and hosts a variety of livestock and equestrian events, circuses, motocross and monster truck shows, conventions, and cultural events.
"We are excited to welcome Aramark back to Reno Tahoe's premier meetings and events facilities," said Reno Tahoe President and CEO Charles Harris. "Food service and customer service are two of the most critical amenities we provide to groups and events customers, and Aramark has a storied history of excelling in both."
About Aramark Sports + Entertainment
Aramark Sports + Entertainment serves more than 150 award-winning food and beverage, retail, and facility service programs in premier stadiums, arenas, convention centers, cultural attractions, performance venues, and unique entertainment destinations across North America. The company has received accolades for industry innovations including autonomous markets, dining concepts powered by artificial intelligence, and high-profile events like NBA All-Star 2022 and MLB at Field of Dreams. In 2021, Aramark entered into a strategic collaboration with the Philadelphia-based Starr Restaurant Organization, led by entrepreneur and James Beard Award-winning restaurateur, Stephen Starr, which will bring the renowned culinary visionary’s highly sought-after concepts to clients throughout Aramark Sports + Entertainment’s portfolio. Aramark ranked No. 1 In the Diversified Outsourcing Services Category on FORTUNE’s 2022 List of ‘World’s Most Admired Companies’ and has been named to DiversityInc’s “Top 50 Companies for Diversity” list, the Forbes list of “America’s Best Employers for Diversity,” the HRC’s “Best Places to Work for LGBTQ Equality” and scored 100% on the Disability Equality Index. Learn more at www.aramark.com and connect with us on Twitter and LinkedIn.
About Reno Tahoe
Reno Tahoe is a dynamic, four-season resort destination in a spectacular natural setting – where America’s largest alpine lake meets “The Biggest Little City in the World.” Here, genuine Western heritage and hospitality are served up alongside a region in the midst of an exciting transformation, offering travelers world-class attractions, outdoor adventure and an annual calendar of cultural, culinary and sporting events. Reno Tahoe is marketed by the Reno-Sparks Convention and Visitors Authority (RSCVA), an organization established in 1959 to promote convention and tourism business in Washoe County, which includes Reno, Sparks and North Lake Tahoe. For more information, go to www.VisitRenoTahoe.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect our current expectations as to future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. In this press release these statements include, but are not limited to, statements related to our growth strategy and future business development opportunities. In some cases forward-looking statements can be identified by words such as "outlook," "aim," "anticipate," "are or remain or continue to be confident," "have confidence," "estimate," "expect," "will be," "will continue," "will likely result," "project," "intend," "plan," "believe," "see," "look to" and other words and terms of similar meaning or the negative versions of such words. These forward-looking statements are subject to risks and uncertainties that may change at any time, and actual results or outcomes may differ materially from those that we expected. Certain of these risks and uncertainties are set forth under the headings Item 1A "Risk Factors” and other sections of our Annual Report on Form 10-K, filed with the SEC on November 23, 2021 as such factors may be updated from time to time in our other periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov and which may be obtained by contacting Aramark's investor relations department via its website at www.aramark.com. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included herein and in our other filings with the SEC. As a result of these risks and uncertainties, readers are cautioned not to place undue reliance on any forward-looking statements included herein or that may be made elsewhere from time to time by, or on behalf of, us. Forward-looking statements speak only as of the date made. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, changes in our expectations, or otherwise, except as required by law.
