August 26, 2016 Comments Off on Study Forecasts Chargers Hybrid Stadium Will Boost Tourism Views: 286 California, California News, San Diego, West

Study Forecasts Chargers Hybrid Stadium Will Boost Tourism

The proposed San Diego Chargers $1.8-billion downtown football stadium and convention center would reportedly boost tourism and add to hotel revenues. A report by Hunden Strategic Partners found that it will draw 900,000 new visitors annually, boost hotel revenues by some $750 million over the first decade of operation, and generate an average annual increase of $12.5 million in hotel stay taxes.

Measure C, which qualified as an initiative for the November ballot, would increase hotel stay taxes to 16.5%. A majority of the resulting revenue would go toward building and operating a convention center and NFL stadium.

The hybrid stadium/convention center concept is generating higher tourism estimates because it envisions a city or joint powers agency collaborating to design and run the complex. Reports prepared for convention center or tourism marketing agencies presumed the spaces would compete for events separately.

Read More at San Diego Union-Tribune

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For comments, questions or concerns, please contact Dennis Kaiser

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