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Most of Seaport Entertainment Group Inc.’s revenue comes from the Seaport, a Lower Manhattan neighborhood where it combines restaurants, entertainment venues and rental properties. Concerts at The Rooftop at Pier 17 and other events draw visitors who can also spend at nearby restaurants and shops. Visitors pay for dining and entertainment, businesses pay for sponsorships, and tenants pay rent. Entertainment and hospitality generate most revenue; property rentals are a smaller source. Its restaurant interests include The Fulton, Carne Mare and a minority stake in Jean-Georges Restaurants.
In Las Vegas, the company owns the Las Vegas Aviators, the Athletics’ Triple-A baseball affiliate, and Las Vegas Ballpark. Fans’ spending on tickets, concessions and merchandise, together with sponsorships, brings in revenue. Other ballpark events provide income outside the baseball season. The Aviators’ affiliation depends on a license from minor-league baseball’s governing body, which also controls aspects of the team’s commercial operations.
The business depends on attracting visitors and filling vacant Seaport space, with outdoor events and restaurant traffic strongest in warmer months. Most Seaport properties sit under a long-term ground lease from New York City that the company must retain. In February 2026, The Tin Building by Jean-Georges closed and the building was leased to Lux Entertainment for a planned Balloon Museum. Lux owes no rent until Seaport completes a substantial renovation, making that rental income dependent on completing the work.
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Seaport’s results also depend on dining profitability and property occupancy, making its 25% interest in Jean-Georges Restaurants an important hospitality exposure these peers do not capture.
Madison Square Garden Entertainment Corp. competes with Seaport’s Rooftop at Pier 17 for New York audiences, event bookings and private events, primarily charging promoters to use its venues while Seaport earns concert ticket and event revenue. Watch MSG’s New York concert and private-event bookings for a read on competition for Rooftop business.
Vivid Seats Inc. shares Seaport’s exposure to concert and sports ticket spending: it connects ticket buyers and sellers and charges buyers service and delivery fees, while Seaport earns ticket and venue revenue from Rooftop concerts and Aviators games. Vivid Seats’ concert and sports ticket sales offer a wider view of the demand behind those Seaport businesses.
StubHub Holdings, Inc. and Seaport both depend on fans buying live-event tickets, but StubHub earns from connecting fans with ticket resellers while Seaport earns from attendance at its Rooftop concerts and Aviators baseball games. Watch StubHub’s ability to retain sellers and offer a broad ticket selection: its demand exposure also depends on having tickets available to buyers.
Seaport Entertainment Group Inc. earningsThis company
Seaport Entertainment Group Inc. earns from concerts and games, and this report will show whether activity at the Rooftop and the Aviators is translating into better operating results.
Read Entertainment revenue alongside segment Adjusted EBITDA, an adjusted measure of earnings before interest, taxes, depreciation and amortization. If revenue rises and Adjusted EBITDA improves, more of the concert and game activity is covering the cost of putting it on. If revenue rises but Adjusted EBITDA weakens, added activity is not bringing a matching improvement in operating results. Together, the figures show whether this business is turning activity into better operating performance.
Madison Square Garden Entertainment Corp. earningsMSGE
Madison Square Garden Entertainment Corp.'s report will show how intense competition is for New York concerts and private events, where Seaport also seeks Rooftop bookings.
Look at Madison Square Garden Entertainment's New York concert and private-event bookings. Strength in both would show promoters and event hosts are actively booking venues, making competition for Seaport's Rooftop business more immediate; weakness would soften that competition signal but would not prove demand for Seaport events is stronger. The report gauges how active the competing venues are, not whether Seaport has won or lost bookings.
Vivid Seats Inc. earningsSEAT
Vivid Seats Inc. connects live-event ticket buyers and sellers, so its concert and sports ticket sales offer a broader demand check for Seaport's concerts and Aviators games.
Read Vivid Seats' concert ticket sales alongside its sports ticket sales. Strength in both would point to broad fan demand for live events, a supportive backdrop for Seaport's Rooftop concerts and Aviators games; weakness in either would flag softness in that type of event. Marketplace sales are not Seaport's own ticket sales or attendance, so the conclusion is whether the wider demand backdrop is broad or uneven.
