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unhappycamper

(60,364 posts)
Sun Aug 24, 2014, 08:00 AM Aug 2014

San Diego: America's Cup wants 10K free hotel rooms

http://www.utsandiego.com/news/2014/aug/22/americas-cup-hotel-sports-sailing-tourism/



The crew on Oracle Team USA celebrates after winning the 19th race against Emirates Team New Zealand to win the America's Cup sailing event, as fans wave in the foreground Wednesday, Sept. 25, 2013, in San Francisco.

America's Cup wants 10K free hotel rooms
By Jonathan Horn and Lori Weisberg
1:31 p.m.Aug. 22, 2014
Updated6:23 p.m.

If San Diego hopes to attract the 2017 America’s Cup, local hotels are going to have to unlock thousands of their doors for free.

As part of its offer to potentially come to San Diego in 2017, the America’s Cup has requested 10,000 free hotel room nights in the three years leading up to the event, the president of the San Diego Sports Commission said Friday.

Speaking to the Tourism Marketing District’s board of directors, Mike McDowell, president of the commission, said the organizers would use the rooms to court corporate sponsors leading up to the international sailing competition. He said the America’s Cup would also want an additional 7,500 room nights at half price, meaning a total gift of $2.75 million in room nights.

It is not uncommon for cities like San Diego to offer generous concessions like hotel discounts and rebates for larger, sought-after events and conventions, given the growing competition for what are seen as financially lucrative draws. For example, Comic-Con, which has been courted by other cities, has received six-figure discounts in convention center rent for a number of years.
11 replies = new reply since forum marked as read
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San Diego: America's Cup wants 10K free hotel rooms (Original Post) unhappycamper Aug 2014 OP
The truth about the cost/benefit of hosting pipoman Aug 2014 #1
I want a diamond tennis bracelet. This is one more freebie for the parasitic uber rich. aquart Aug 2014 #2
A new trend? bcool Aug 2014 #3
Money over everything. eom littlemissmartypants Aug 2014 #4
Do you have a better way to evaluate such events? delete_bush Aug 2014 #5
And the total cash in hand outlay to you personally will be how much? littlemissmartypants Aug 2014 #6
I'm not sure where you're attempting to go with this. delete_bush Aug 2014 #7
We may be able to enjoy the activities, littlemissmartypants Aug 2014 #8
The promoters have the right to negotiate delete_bush Aug 2014 #10
From the OP littlemissmartypants Aug 2014 #9
From the OP delete_bush Aug 2014 #11
 

pipoman

(16,038 posts)
1. The truth about the cost/benefit of hosting
Sun Aug 24, 2014, 08:08 AM
Aug 2014

These things is beginning to be more known. Real Sports and other reporting may effect these event organizers ability to get venues in the future...maybe not too. ..anytime there is millions of dollars at stake there is money to bribe host city/country officials.

aquart

(69,014 posts)
2. I want a diamond tennis bracelet. This is one more freebie for the parasitic uber rich.
Sun Aug 24, 2014, 08:47 AM
Aug 2014

Unless you can find me some working class people looking forward to taking time off for the Rich Man's Hobby Cup?

bcool

(219 posts)
3. A new trend?
Sun Aug 24, 2014, 09:39 AM
Aug 2014

I guess this is the new normal...the NFL wants the Super Bowl halftime act to pay to play, too.

Greed at its finest....

delete_bush

(1,712 posts)
5. Do you have a better way to evaluate such events?
Sun Aug 24, 2014, 10:43 PM
Aug 2014

I live in San Diego, and I'm glad that we are aggressive in keeping Comic-Con, for example, here. The amount of concessions are inconsequential when weighed against the benefits.

Comic-Con, the San Diego Convention Center’s largest annual event in terms of economic impact, attendance and hotel room use by attendees, is expected to generate an economic impact of $488.4 million between 2013 and 2015, according to a study released by the San Diego Convention Center Corp.

The study also showed that direct spending by attendees during the three convention years would total $203.4 million and hotel tax revenue would total $7.9 million. Sales tax revenue would total $442,000 and room nights would total 378,000.




littlemissmartypants

(22,839 posts)
6. And the total cash in hand outlay to you personally will be how much?
Sun Aug 24, 2014, 11:59 PM
Aug 2014

From all that projected revenue? What will you be getting? Exactly?

delete_bush

(1,712 posts)
7. I'm not sure where you're attempting to go with this.
Mon Aug 25, 2014, 12:29 AM
Aug 2014

What will I be getting? Exactly?

I won't be getting anything directly from, say, Comic-Con, if that's what you mean.

Please explain.

littlemissmartypants

(22,839 posts)
8. We may be able to enjoy the activities,
Mon Aug 25, 2014, 01:13 AM
Aug 2014

Whilst being fiscally responsible and fortunate enough to have the degree of disposable income to attend. The promoters could probably care less. In the grand scheme you are either contributing to someone's wealth or being had. The money makers don't give a damn if we are pleased or entertained as long as they get theirs. It's not about the events (s) it is Only and Forever ... About. The. MONEY.

delete_bush

(1,712 posts)
10. The promoters have the right to negotiate
Mon Aug 25, 2014, 01:17 PM
Aug 2014

to get the best deal possible, the city has an obligation to evaluate their proposal. The city rejected the initial proposal out of hand and gave them a counter offer. (Personally I'd rather they go elsewhere.)

"In the grand scheme you are either contributing to someone's wealth or being had." Gee, that sounds like a lose-lose proposition and again, I'm not sure what you're talking about. Do you object to the city giving concessions? What 'grand scheme' are you referring to?

Do the 'money makers' care about me? No, probably not, but I don't lose sleep over it either. Very few private organizations are going to put on an event that loses money. San Diego is ranked as the fifth most popular location for conventions and business meetings in the U.S., ahead of New York, Dallas and Washington, and the revenue generated keeps a lot of folks employed. I personally enjoy living in a location which has so much appeal, and if not the America's Cup some other group will hopefully take their place, no doubt with some "concessions" to boot.

littlemissmartypants

(22,839 posts)
9. From the OP
Mon Aug 25, 2014, 03:09 AM
Aug 2014
“It just stinks,” Evans said. “There’s just a general feeling that there’s self interest at play here, which I don’t think serves us very well.”

delete_bush

(1,712 posts)
11. From the OP
Mon Aug 25, 2014, 01:21 PM
Aug 2014
Still, Evans said there is value in bringing to town the America’s Cup for the first time since 1992 because it reaches an international audience that could be inspired to travel to San Diego.

“This is all about television,” he said. “This is about French tourists, English tourists, the rest of the world cares so much more about sailing than we do.”
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