Private management of publically owned venues started with a need in New Orleans. The iconic Louisiana Superdome was mired in debt, losing about $12 million in 1976.
Professional venue managers like Denzil Skinner knew there was room for a major turnaround. Skinner enlisted A.N. Pritzger of Hyatt Hotels fame to contract management of the dome for the city. The fee was based on a percentage of debt reduction, recalled Mike McGee, Barmac Consulting (formerly owner of Leisure Management Int...

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