Convention and Visitors Bureaus in Michigan
Revenue benchmarks for convention and visitors bureaus businesses operating in Michigan.
#12 of 50 states+17.3% vs national avg
Average Revenue
$1.2M
per year
Businesses
39
in Michigan
Revenue / Employee
$146K
per year
Labor Cost
55.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
0.4
firms per 100K in MI
Total Revenue
$45.6M
all firms in MI
Total Employees
313
in MI
How Michigan Compares
National Average$997K
Michigan$1.2M
Difference+$173K (+17.3%)