|
|
 |
 |
The Newsroom - 2010 |
 |
 |
 |
|
|
|
INSIDE GAMING:
Rugby weekend just what Las Vegas needs

January 10, 2010 -
Laugh if you will,
but a two-day rugby tournament might have the same effect on Las Vegas tourism
as the high profile 2007 NBA All-Star Game.

I know what you're thinking. There is no evidence that D-List celebrity rugby
fans will "make it rain" inside Las Vegas strip clubs.

Las Vegas Convention and Visitors Authority officials believe USA Sevens will do
what special events are intended to do: draw thousands of free-spending visitors
and televise Las Vegas images worldwide.

The event takes place Feb. 13-14 at Sam Boyd Stadium and will attract teams and
fans from 16 countries.

Convention authority Chief Executive Officer Rossi Ralenkotter said first-time
visitors exposed to Las Vegas are a side benefit from a special event.

"Many of these visitors wouldn't have come here if not for the event,"
Ralenkotter said.

Special events help Las Vegas grow its image and fill hotel rooms, he said.

Financial consultant Applied Analysis studied special events and their effect on
tourism.

In fiscal year 2008, the convention authority sponsored 51 major events that
covered 220 days at a cost of more than $13.8 million. Applied Analysis surveyed
information from 36 events, which totaled $12.2 million in spending.

The result? Direct expenditures by out-of-town visitors for those events were
estimated at more $222.3 million (not including gambling expenses). In other
words, the return on investment was $18 for every $1 the convention authority
spent in sponsorship.

"The study showed how important citywide events are to our marketing plans,"
Ralenkotter said.

USA Sevens rugby fits the mold: a large contingent of visitors and television
coverage broadcasting Las Vegas' backdrop internationally.

The 2010 special event calendar is already filled. The Miss America Pageant is
this month, followed by the Sports Illustrated Swimsuit Edition launch in
February. NASCAR Weekend returns in February. The West Coast Conference and
Mountain West Conference basketball tournaments and Big League Weekend are in
March.

Drag races, music awards, professional bull riders and the National Hockey
League awards show round out the first six months.

Applied Analysis principal Jeremy Aguero said the cost of special events is well
worth the effort.

"They are remarkably important, based on the number of people that come here,
how much is spent by the visitor and how lucrative they are to the community,"
Aguero said.
|

Go Up »
 |
 |
 |
|
Our
Services |
 |
|
|
Applied Analysis provides professional services in urban
economics, market analysis, financial advisory services,
information technology and hospitality/gaming consulting
services.
Read More » |
|
|
 |
|
Our
Information |
 |
|
|
Reliable data is the foundation of any solid analysis.
We are the market leader in information and research. We
track economic, development and fiscal trends, and
publish the area's most comprehensive office, industrial
and retail market survey.
Read More » |
|
|
 |
|
Our
Clients |
 |
|
|
Applied Analysis has a broad client base, including both
public entities and private companies. We exceed our
clients' expectations by taking the time to listen to
their goals and then committing the time, resources, and
know how to help them find success.
Read More » |
|
|
|
|
 |
 |
 |
 |
|
|