Convention and Visitors Bureaus in Minnesota
Revenue benchmarks for convention and visitors bureaus businesses operating in Minnesota.
#32 of 50 states-44.4% vs national avg
Average Revenue
$555K
per year
Businesses
38
in Minnesota
Revenue / Employee
$126K
per year
Labor Cost
55.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
0.7
firms per 100K in MN
Total Revenue
$21.1M
all firms in MN
Total Employees
167
in MN
How Minnesota Compares
National Average$997K
Minnesota$555K
Difference$442K (-44.4%)