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HomeMy WebLinkAboutSports Park Annual Visitor Expenditure AnalysisMaximum Minimum % of total total total Hotel Expenses 12 747,770$ 299,108$ Retail Expenditures 24 1,495,539$ 598,216$ Auto Related Expenses 4 249,256$ 99,702$ Fuel Expenditures 34 2,118,682$ 847,473$ Restaurant 26 1,620,168$ 648,067$ 6,231,415$ 2,492,566$ 11,216,547$ 3,738,849$ 3-Year Total Average/Year Analysis based on metrics developed by University of Montana Institutue for Travel and Recreation Research Note: According to 2012 ITRR the state average hotel cost is $85.99 per stay and 2.3 persons per room night. Minimum = 2 tournaments = 8,000 visitor days = 3,438 room nights 3-Year Annual Expenditure Projection 3-Year Projection = 1 maximum year and 2 minimum years Calculation of Annual Direct Expenditures by Visitors Annual Economic Impact Analysis of the Sports Park Complex Total Annual Visitor Expenditures Maximum = 5 tournaments = 20,000 visitor days = 8,596 room nights