In a statement released on Monday by Rx Venue Management, which has managed the venue for the past 20 years, it was revealed that the Ticketpro Dome would be closing down due to an inability to operate optimally due to the Covid-19 pandemic and lockdown restrictions.
The statement said that, “This is another devasting blow for the exhibitions, events, and entertainment industry due to Covid-19. The ban on public gatherings has meant that during 2020 – and now 2021 – the Ticketpro Dome has been unable to operate”.
The Ticketpro Dome was sold by its owners, the Sasol Pension Fund, to a third party that does not operate in the events industry.
To combat the effects of the Covid-19 pandemic and lockdown restrictions, the Ticketpro Dome had launched a “hybrid event” model in 2020 to facilitate online interactions, however this incurred two major costs – for both the physical and online aspects of events- with the events themselves lacking the full-person experience that were drawcards, to begin with.
The official handover of the venue will take place on 7 September 2021.
Sources: Business Tech, MSN
Follow FiND iT on Facebook here.