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    South Carolina Evp-5

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    The document compares three locations - Buffalo, Portsmouth, and Jacksonville - as potential sites for a volleyball tournament. It provides information on location, weather, population, hotel revenue, future economic impact, and month-to-month comparisons of revenue in Buffalo. Buffalo may be the best choice as it has existing infrastructure for sporting events, is close to Canada, and hotel revenues are higher in summer months.

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    South Carolina Evp-5

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    api-353779254
    58 views14 pages
    The document compares three locations - Buffalo, Portsmouth, and Jacksonville - as potential sites for a volleyball tournament. It provides information on location, weather, population, hotel revenue, future economic impact, and month-to-month comparisons of revenue in Buffalo. Buffalo may be the best choice as it has existing infrastructure for sporting events, is close to Canada, and hotel revenues are higher in summer months.

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    The document compares three locations - Buffalo, Portsmouth, and Jacksonville - as potential sites for a volleyball tournament. It provides information on location, weather, population, hotel revenue, future economic impact, and month-to-month comparisons of revenue in Buffalo. Buffalo may be the best choice as it has existing infrastructure for sporting events, is close to Canada, and hotel revenues are higher in summer months.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    58 views14 pages

    South Carolina Evp-5

    Uploaded by

    api-353779254
    The document compares three locations - Buffalo, Portsmouth, and Jacksonville - as potential sites for a volleyball tournament. It provides information on location, weather, population, hotel revenue, future economic impact, and month-to-month comparisons of revenue in Buffalo. Buffalo may be the best choice as it has existing infrastructure for sporting events, is close to Canada, and hotel revenues are higher in summer months.

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    You are on page 1of 14

    Presenters:

    Ethan Godfrey
    AnthonyRodi
    Ian Spencer
    Ben Campbell

    VT COMPETITION 2017
    SERVE-Case Study

    BUMP- Location & Weather/


    Population
    SET- Hotel Revenue/ Bed
    Tax
    SPIKE- Overall Future
    Development
    SCORE- Conclusion
    Buffalo Portsmouth Jacksonville
    Erie County Rockingham Duval
    County County

    LOCATION/
    WEATHER

    POPULATION

    HOTEL
    REVENUE

    FUTURE
    IMPACT
    Location &Weather

    Low: 56.33
    High: 80.67
    Low: 58.67 Avg. Prec.: 3.90
    High: 79 Low: 60
    Avg. Prec.: 3.32 High: 77.67
    Avg. Prec.: 3.39
    Population

    Previous
    events
    (Yellow)

    Three new
    destinations
    (Red)

    Schedule
    Jacksonville (March- May)

    Average Total Cost of Room- $83.01


    Average RevPar- $56.36
    Average Bed Tax- $4.70
    Average Total Revenue- $27,978,662

    Estimated numbers of our event (250 Rooms x 2 night stay)


    RevPar- $28,178.33
    Bed Tax- $2,348.33
    Total Hotel Revenue- $30,526
    Buffalo (June-August)

    Average Total Cost of Room- $111.34


    Average RevPar- $87.98
    Average Bed Tax Rate- $5.30
    Average Total Revenue- $26,352,515.33

    Estimated Income (250 rooms x 2 night stay)


    Total Bed Tax- $2,651.67
    Total RevPar- $43,991.67
    Total HotelRevenue- $46,643.34
    Portsmouth (June-August)

    Average Total Cost of Room- $140.19


    Average RevPar- $109.83
    Average Bed Tax Rate- $6.02
    Average Total Revenue- $15,993,194.67

    Estimated Income (250 rooms x 2 night stay)


    Total Bed Tax- $3,011.67
    Total RevPar- $54,913.33
    Total Hotel Revenue- $57,925.00
    Future Economic Impact
    2012- Estimated 44.5 billion spent on sport tourism in U.S
    Host County Negative Positive

    Duval(Jacksonville) Low bed tax leads to smallest Low room rates could lead
    contribution to county income. tournament attendees to spend
    Large tourism area-could lead more in local economy
    to potential time switchers and
    casual tourists.
    Rockingham(Portsmouth) High room rates and location Highest bed tax contribution to
    could discourage attendees county-Event would add to their
    from staying in hotels.Lack of $1M revenue from meals and
    infrastructure for sporting room tax.
    event.
    Erie (Buffalo) Canadian Dollar Infrastructure and know how to
    1$ American= $1.33 Canadian hold outdoor events- adds to the
    168 events,growing economy
    through small scale sporting
    events
    Growth of EVP and Sport
    Jacksonville (Duval County)
    7 EVP events within 350 miles
    Closest EVP event- Palm Coast FL, 62 miles
    Oversaturation of event and sport
    Portsmouth (Rockingham County)
    Closest EVP event- Plattsburgh NY, 235 miles
    Proximity to major cities could grow EVP/Sport.
    Grows sport north
    Buffalo (Erie County)
    Closest EVP event- Plattsburgh NY, 374 miles
    We know there is an existing market-
    8 beaches in Erie County
    University at Buffalo 2016 women's Div. 1 Mac 10 champs
    Annual Spikes for Tikes charity volleyball tournament- Raised $150,000 since 2009
    Located 17 miles from Canadian border and less than 100 miles from its biggest city.


    Buffalo Portsmouth Jacksonville
    Erie County Rockingham Duval County
    County

    LOCATION/
    WEATHER
    *

    POPULATION

    HOTEL
    REVENUE

    FUTURE
    IMPACT
    *

    *http://www.bestofwny.com/beaches/
    *https://www.bls.gov/regions/new-york-new-jersey/summary/blssummary_buffalo.pd
    Buffalo Month Comparison
    June
    Accessibility Rate- 25%
    Total Revenue- $21,518,002 When accessibility rates are
    July high, there will be lower hotel
    rates
    Accessibility Rate- 14%
    Total Revenue- $28,596,016 July and August are bringing in

    August big revenue

    Accessibility Rate- 13% Helping to close gap in June


    (approx. $7M)
    Total Revenue- $28,943,528
    PRESENTERS:
    ETHAN GODFREY
    ANTHONY RODI
    IAN SPENCER
    BEN CAMPBELL
    References

    https://www.bls.gov/regions/new-york-new-jersey/summary/bl
    ssummary_buffalo.pdf
    http://www.portsmouthnh.com/visitor-info/
    http://www.visitbuffaloniagara.com/about/
    http://www.bestofwny.com/beaches/
    https://www.bls.gov/regions/new-york-new-jersey/summary/
    blssummary_buffalo.pdf

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