Hall of Fame Resort & Entertainment Company (NASDAQ:HOFV) Q3 2023 Earnings Conference Call November 14, 2023 8:30 AM ET

Company Participants

Anne Graffice - Executive Vice President, Global Marketing and Public Affairs

Michael Crawford - President and Chief Executive Officer

Benjamin Lee - Chief Financial Officer

Conference Call Participants

Jack Vander Aarde - Maxim Group

David Marsh - Singular Research

Operator

Good morning, and welcome to the Hall of Fame Resort & Entertainment Company's Third Quarter 2023 Earnings Conference Call. This conference call is being recorded, and all participants are in a listen-only mode. We will open up the conference up for questions-and-answers following the prepared remarks.

I will now turn the conference over to Anne Graffice, Executive Vice President, Global Marketing and Public Affairs.

Anne Graffice

Good morning and thank you for joining us for our third quarter 2023 earnings conference call. Our latest press release and supplemental slides were posted yesterday evening after market hours. These documents can be found in the Investor Relations section of our Web site, which is hofreco.com. After this brief introduction, Michael Crawford, our President and Chief Executive Officer will give an update on the company's strategy and outlook. Benjamin Lee, Chief Financial Officer, will then provide analysis of the quarter's financial results.

During today's call, we will make forward-looking statements that reflect the company's current expectations about future plans and performance. These statements rely on assumptions and estimates and actual results may differ materially due to risks and uncertainties. I encourage each of you to read the full disclosure concerning forward-looking statement [technical difficulty] company uses non-GAAP results to evaluate performance internally as detailed in the press release.

I will now turn the call over to Michael Crawford. Michael?

Michael Crawford

Thank, Anne. Good morning, everyone. It's a really nice fall day here in Canton, Ohio, so great to have the opportunity to update all of you on what's been going on with the company over the last quarter, and as we think about going forward. I think we all know November 11 was Veterans Day, so we had a very nice day on campus at the village, celebrating and thanking our veterans for their service, both current and past.

There's been a lot of things happening over the last quarter, and progress at the village. Some of the key highlights, I'll start with attendance. And it's been very interesting for us on the attendance front. We've implemented a new tool, sort of a geo tracking AI [technical difficultly]. And I'll talk a little bit more about that in a moment. But what we've realized is that attendance is growing, and we're actually exceeding our attendance forecast, which is great for us because it offers us an opportunity to monetize against growing attendance in the future.