What Prospera Place does

Prospera Place is a multi-purpose sports and entertainment arena located at 1223 Water Street in downtown Kelowna, British Columbia, Canada. Opened in March 1999 (originally as Skyreach Place until 2003), it is the largest arena of its kind in the Okanagan region and Interior BC, with a maximum seating capacity of 6,886 for hockey games and 7,835 for concerts. The venue is owned and operated by GSL Group, a Vancouver-based development and entertainment company. It serves individual consumers attending live events, corporate clients purchasing premium hospitality, event organizers and promoters running trade shows and concerts, and organizations renting ice for corporate or private hockey use. Anchor tenant is the Kelowna Rockets (WHL), and the venue attracts over 1,000,000 attendees annually.

The core product is the physical venue itself, supported by an in-house ticketing company (Select Your Tickets), a food and beverage concession partnership with Eventium (operating six outlets), a fine dining restaurant (Manhattan Point), luxury suites, premium club seats, and ice/venue rental services. Prospera Place has no proprietary technology platforms, APIs, or software products; its operations are event-driven and relationship-mediated. Published ticket prices range from $59 to $250 per seat depending on event and seat selection, and event parking is $20.

Revenue is generated across five streams: ticket sales (transaction-fee model through Select Your Tickets), food and beverage concessions (operated by Eventium), sponsorship and advertising (reaching over 1M annual attendees), venue and ice rentals (professional services), and premium offerings (luxury suites and club seats). The corporate client segment is served through annual suite leases and club seat season packages. Event distribution is executed through the venue website, organic social media, email newsletters, and the in-house ticketing platform. The parent GSL Group operates the venue as part of its broader Sports & Entertainment division, with career listings hosted on gslholdings.com.

Name

Prospera Place

Legal name

Prospera Place

Website

https://prosperaplace.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

1–10 employees

Short description

Prospera Place is Kelowna, BC's largest multi-purpose sports and entertainment arena, hosting hockey games, concerts, comedy shows, and major events for over 1,000,000 attendees annually. It is owned and operated by GSL Group and serves as home to the WHL's Kelowna Rockets.

Ownership category

akta.pro rank

Product category

Live Entertainment Venue

NAICS

Spectator Sports (7112), Promoters of Performing Arts, Sports, and Similar Events with Facilities (71131)

SIC

Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Arenas & Indoor Sports Centers (MPAKAEAB)

akta.pro secondary industries

Arena & Stadium Operations (Large-Capacity Venues) (MPAGALAA), Venue Booking, Ticketing & Event-Day Services (Box Office, Guest Services) (MPAKAEAO), Event Operations & Venue Services (Box Office, FOH/BOH, Concessions) (MPAIAFAL), Concession & Stadium / Arena Catering (THAFAIAG), Sports & Arena Event Venues (Stadiums, Arenas) (THAHAAAF)

Keywords

• Multi-purpose arena
• Live entertainment venue
• Sports event hosting
• Concert venue rental
• Premium hospitality suites

Headquarters

HQ city

Kelowna

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Ticket Sales: Primary revenue from ticket sales for hockey games, concerts, comedy shows, family events, and sporting competitions. Managed by in-house ticketing company Select Your Tickets.
2. Food & Beverage Concessions: Eventium operates concessions throughout the arena including Water St. Grill, Walking Taco, The Greek, Box Pizza, The Local, and L'Arena Cafe. Manhattan Point restaurant offers fine dining on level 2.
3. Sponsorship & Advertising: Corporate partnership opportunities including arena bowl displays, concourse displays, exterior displays, score clock display, staircase ads, and vinyl print ads. Reaches over 1,000,000 annual attendees.
4. Venue Rentals: Rental of ice for corporate events and hockey, full venue rentals for events, trade shows, conventions, and community events.
5. Premium Offerings: Luxury suites (up to 18 guests with private entrance, en-suite washroom, dedicated host), premium club seats with exclusive lounge access, priority parking, and merchandise discounts.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Prospera Place operates Kelowna's largest multi-purpose sports and entertainment arena (6,886-seat hockey / 7,835-seat concert capacity), home to the WHL's Kelowna Rockets and host venue for concerts, comedy shows, family events, figure skating competitions, trade shows, and community gatherings. The facility offers in-house ticketing through Select Your Tickets, food and beverage concessions via Eventium, premium hospitality (Luxury Suites, Premium Club Seats, Manhattan Point fine dining), and rental services for ice time and full venue use.

Product overview

Prospera Place is a single physical venue (not a software product) operating as Kelowna's premier multi-purpose arena. The core offering is the 7,835-capacity facility itself, supplemented by ticketing services through the in-house Select Your Tickets platform, food and beverage operations via Eventium, and premium hospitality options including Manhattan Point restaurant, Luxury Suites, and Club Seats. Ancillary offerings include ice and venue rentals for private events.

Differentiator

Problem solved

Functional benefit

Products and services

• Prospera Place Arena Venue Kelowna's largest multi-purpose sports and entertainment venue, hosting WHL hockey games (Kelowna Rockets), concerts, comedy shows, family events, figure skating competitions, trade shows, and community events. Maximum seating capacity is 6,886 for hockey and 7,835 for concerts.
• Select Your Tickets

Quantifiable outcome

• 1,000,000+ annual attendees across events
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core, minor and flagship.

• Kelowna RocketscoreStrategic or Co-development Partner · 1 January 1999Primary home ice tenant since venue opening in 1999. WHL hockey team representing the Okanagan region. Venue hosts 34+ regular-season home games plus pre-season and playoff games annually.
• Select Your TicketscoreChannel Partner/ Reseller/ DistributorIn-house ticketing company managing all ticket sales for events at Prospera Place. Operates physical box office at Gate 1, online platform, and phone sales.
• EventiumcoreStrategic or Co-development PartnerFood and beverage concession operator providing all concessions throughout the arena including Water St. Grill, Walking Taco, The Greek, Box Pizza, The Local, and L'Arena Cafe.
• Indigo ParkingminorOthersManages the parking lot at Prospera Place on a first-come, first-served basis with no in-out privileges. Event parking rate is $20.
• GSL GroupcoreOthersVancouver-based development and entertainment company (formerly RG Properties) that developed and operates Prospera Place. Operates commercial and recreational facilities throughout BC including other sports and entertainment venues.
• Canadian Hockey League (CHL)flagshipStrategic or Co-development PartnerHost venue for 2026 Memorial Cup, one of Canada's most celebrated hockey championships. Tournament brings together playoff champions from WHL, OHL, and QMJHL plus host Kelowna Rockets.
• Skate CanadaflagshipStrategic or Co-development PartnerHost venue for 2026 Skate Canada International as part of the ISU Grand Prix of Figure Skating Series, welcoming world's top figure skaters.
• City of KelownaminorStrategic or Co-development PartnerPartnership for complimentary Kelowna Transit service for fans with game tickets and registered volunteers during Memorial Cup tournament.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• SaskTel Centre: Multi-purpose arena in Saskatoon, Saskatchewan hosting WHL hockey (Saskatoon Blades) and major concerts. Comparable in scale, junior-hockey tenancy, and mix of touring entertainment and community events in a mid-sized Canadian market.
• Abbotsford Centre: Multi-purpose arena in Abbotsford, BC hosting AHL hockey (Abbotsford Canucks) and touring entertainment. Comparable as a mid-capacity BC arena with a hockey anchor, premium hospitality, and a similar mix of concerts, family shows, and community events.
• CN Centre: Multi-purpose arena in Prince George, BC hosting WHL hockey (Prince George Cougars), concerts, and events. Comparable as another mid-capacity WHL-anchored BC arena serving a smaller regional population base in a similar market tier.
• Budweiser Gardens: Multi-purpose arena in London, Ontario hosting OHL hockey (London Knights) and major concerts. Comparable as a mid-sized Canadian arena with a successful junior hockey anchor, premium offerings, and similar touring entertainment programming.
• Scotiabank Centre (Halifax): Multi-purpose arena in Halifax, Nova Scotia hosting Halifax Mooseheads (QMJHL) hockey and concerts. Comparable as a mid-sized Canadian arena with junior hockey, touring entertainment, and a similar premium hospitality and F&B mix.
• Brandt Centre: Multi-purpose arena in Regina, Saskatchewan hosting WHL hockey (Regina Pats), concerts, and events. Directly comparable as a mid-capacity WHL-anchored Canadian arena with similar premium offerings, F&B operations, and touring entertainment programming.
• Western Financial Place: Multi-purpose arena in Kamloops, BC hosting WHL hockey (Kamloops Blazers), concerts, and events. Closely comparable as a similar-sized Interior BC WHL arena with premium hospitality and an overlapping touring entertainment market.
• South Okanagan Events Centre: Multi-purpose arena in Penticton, BC hosting WHL hockey (Penticton Vees), concerts, and events. Most directly comparable as a similar-sized Interior BC arena serving an overlapping Okanagan catchment with a junior hockey anchor tenant.

Broad incumbents

• Rogers Arena: Home of the Vancouver Canucks and a major concert and event venue in Vancouver, BC. Comparable as a multi-purpose arena in the same province, but serves a much larger metropolitan market and offers direct head-to-head competition for touring acts that might otherwise route through Kelowna.
• Twin Elm Arena / Canadian Tire Centre area venues: Canadian Tire Centre in Ottawa is a comparable mid-tier Canadian multi-purpose arena with NHL hockey, concerts, and family events. Useful comparable for understanding how a similarly positioned venue monetizes hockey, concerts, and premium hospitality in a mid-sized market.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks4 records

Key highlights7 records

Customer concentration

• Xx.com/prosperaplace
• LinkedInlinkedin.com/company/prospera-place

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Prospera Place