It is not that surprising is it? Florida is setting all kids of tourism records this year so I don’t think so. And much like our previous blog about the boat show, this event had a serious financial impact. There are also further parallels to that article in that I have no interest in golf, either playing or watching it, but I am looking at this strictly from an economic standpoint. The attendance to the event has almost doubled since 2010 when there were 101,200 visitors to the 193,052 this year. That is over 14% higher than the year before and it is the largest event in the county. It is estimated that the tournament generates $40 million in revenues, based on hotel stays and money spent by visitors. Maybe most important is the fact the people from around the world were watching sunny South Florida, which will further inflate tourism revenues going forward. Even charities are reaping the rewards from the event, having set a record last year with $2.13 million collected for 125 charities. That number is expected to be broken this year, although the numbers are not yet in to confirm that. With top golfers, perfect weather, and the rest of the country freezing to death what could be better than the Honda Classic this year? Other than the Miami Boat Show, not much!
Honda Classic hits attendance record
http://www.mypalmbeachpost.com/news/sports/golf/honda-classic-hits-attendance-record/nd49M/?icmp=pbp_internallink_invitationbox_apr2013_pbpstubtomypbp_launch
Orin Rosenfeld
President
Rosenfeld Realty Advisors
9858 Glades Rd. Suite 209
Boca Raton, FL 33434
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