Sporting Events Bring In Hundreds of Millions of Dollars in Local Revenue
From the equestrian season in Wellington, to the Honda Classic in Palm Beach Gardens, and spring training in Abacoa, sports events in Palm Beach County has generated an estimated $260 million in the past year.
Big sporting events in our area not only bring tourism dollars in the way of hotels and restaurants, they also showcase all that the area has to offer. Sports teams and tournaments are a selling point for relocation, both for individuals and companies.
“Sports is a major economic driver, in fact sports tourism is a big economic driver,” Palm Beach County Sports Commission Executive Director George Linley said last week at a luncheon at the Boca Raton Hotel and Resort.
For every big international event, such as the Honda Classic held at PGA National, there are local sporting events that are held throughout the year.
For example, after spring training ends in March, Roger Dean Stadium in Abacoa attracts local fans and families to its stadium during the minor league season. Between the two teams that play in the stadium, the Jupiter Hammerheads and the Palm Beach Cardinals, there is a game nearly every night of the week through September.
“It impacts our quality of life in Palm Beach County,” Business Development Board President and CEO Kelly Smallridge said at the same luncheon.
For more information on properties in any of these areas contact Waterfront Properties at (561) 746-7272.