Between 2007 and 2020, the club had a period of "steady revenue growth," and in 2020, the club was in the process of building a 95-room hotel across the road from the Oval House, to "diversify" its revenue mix. Surrey CCC launched a bond in September 2019 to fund redeveloping the Oval cricket ground. By 2020, its "off-field arm" brought in half the club's revenue. The club's finance director in March 2020 said a "record-breaking season" at the Kia Oval in 2019 would cushion the club from the financial impact of COVID-19. Events at the venue as well as "wider interest in cricket, resulted in a record year with annual pre-tax profit at around £6m that more than doubled the previous year’s profits and revenue of £40m," which was 30 percent higher than 2018.