Another one of Phoenixs largest events is happening the same weekend as Super Bowl, Waste Management Open, a five-day PGA-sponsored golf tournament set to draw over 700,000 spectators, compared to Super Bowls 120,000 fans. In 2013, the Minneapolis Star Tribune uncovered a 153-page bid guide from the NFL to the city that was essentially a list of demands that had to be met to have a chance at hosting the event. Katie Hobbs is stepping in to lead this one. This spurred developers and investors to invest in the submarkets multifamily sector, specifically near city destinations like Westgate and State Farm Stadium. Hill says having Allegiant Stadium hosting the big game will help move Las Vegas forward. Daily debrief: Estimated economic impact of the Super Bowl. With big crowds comes big money. Like most major hotels in downtown Los Angeles, the Intercontinental Hotel and the JW Marriott are fully booked for the weekend. "[The Olympics] require very specialized infrastructure that's hard to use once they are over. Lets look at some of the numbers. Manager David Grant examines a side of beef they'll use for their creations. AZ economic study is good omen for '24 Super Bowl | KSNV NFL draft a boon for cities, teams since it hit the road Stadiums built within the last few years have cost billions of dollars, whereas State Farm Stadium cost $455 million to construct. 21+: PlayNY.comand all content herein is intended for audiences 21 years and older. Additionally, most economic impact studies dont subtract hosting costs for cities, such as paying for extra police, traffic, trash and transportation services, she said. NFL requires host Super Bowl city to provide amenities | Las Vegas 2:06. "I do believe that the Super Bowl does generate, does have an economic impact of that order when you look at it in the overall context," said Florida International University business instructor Nicolo Alaimo. Burke pointed to an analysis by STR, a Tennessee-based hospitality data company, that projected daily hotel rates in L.A. during the Super Bowl weekend will reach an average of $445, the second-highest average for any Super Bowl trailing only the $616 average nightly rate during Super Bowl LIV in South Florida. The upcoming Super Bowl will positively impact Glendale and the surrounding Phoenix area for years to come as visitors promote recent and upcoming developments and attractions. Weinsteins so-called economic impact study projects the Super Bowl will generate up to $477.5 million in benefits, coming from an estimated 150,000 out-of-town visitors who are expected to spend up to $350 per night on hotel rooms and $300 per day on other things. The host city for last year's Super Bowl has an NBA franchise, a Major League Baseball team, and, like Las Vegas has, the NHL and NFL. Kansas City has been a tremendous host, this site is fantastic.. Host City And the swiftness of COVID-19 outbreaks is only complicating the ability to make an accurate forecast. And like the Super Bowl, it is truly a team effort. The obvious, tangible rewards are reaped from the television audience for the host network, with Fox selling 77 in-game commercials at an average of $5.6 million per 30-second spot. How does the NFL determine what city/venue will host the Super Bowl?

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