Central Hall Westminster has today announced that it has exceeded its sales target by over £1m, achieving the highest turnover on record of £9m since the venue opened in 1912, a 15.4 per cent increase in turnover from the previous year.
The venue has said that this turnover predicts that it is ‘well on its way’ to achieving a target of £12.2m in 2021.
As Central Hall Westminster is a not-for-profit organisation, the money will be used to maintain its historic building and support a number of charitable activities.The company also contributed £1.7m to the funds of the Trustees of CHW Ltd in addition to spending £200,000 on refurbishments and improvements to the building. The Trustees of CHW is a registered charity which provides grant funding for local and international charities including the homeless cause, The Passage. It also funds a further programme of refurbishments for the building.
In its most successful year to date, the venue’s offering has been increasingly diverse, hosting events from concerts and live television shows to conferences and on-stage discussions.
The venue’s 2019 Annual Review revealed that the record turnover was boosted by a 60 per cent increase in conferences in 2019. These included events which tackled taboo and/or thought-provoking subjects such as Care International’s March 4 Women Jamboree and Megan Matthews’ ‘Megan’s Menopause Conference.’
Another area of growth was a 150 per cent increase in ‘In Conversation with…’ and discussion events, held on the stage in the venue’s Great Hall in front of an audience of over 2,000. Several ‘How To Academy’ events were held throughout the year featuring authors Elizabeth Gilbert and Lionel Shriver and the Spectator’s Douglas Murray among others.
Central Hall Westminster was chosen as the venue for CBS’s The Late Late Show with James Corden for the third year running and for the BBC’s New Year’s Eve national live broadcast for the seventh consecutive year. The sell-out New Year’s Eve concert featured Craig David and Central Hall’s production partner, White Light, provided all the lighting rigging for the live show.
Central London’s largest conference and event centre also benefited from a 50% increase in revenue generated from location filming within its historic building.
Managing director of Central Hall Westminster, Paul Southern, said: “Even though we were preparing for a year of huge change and faced many challenges in 2019, we are surprised and delighted that it has proved another record year for us and the range of events held here were more diverse than ever before. We will continue to build on this success to reach our target of a £12.2m turnover in 2021 which will further benefit a number of great charitable causes and help maintain our beautiful building.”