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re: Slive's love affair with Atlanta
Posted on 3/15/14 at 12:10 pm to Mizzeaux
Posted on 3/15/14 at 12:10 pm to Mizzeaux
quote:
Maybe if the tournament was being held in a smaller college town, but I can't see it happening in a decent sized town.
That is the catch 22!
Fewer rooms in smaller cities means may not be able to handle demand.
quote:
I don't think the SEC has the clout for that at all.
The NCAA does, especially as they are the conduit for the hotel rooms and tickets to the game as they have corporate sponsors. However they do just the opposite with the monopoly franchise. When the Final Four was in NOLA that 125 room got jacked to 500 to 1000 per night with a 4 night minimum. To get a ticket from the NCAA you had to buy the room as well. Corporations can blow 5K to 10K per person to such an event but how many actual fans can?
1
Posted on 3/15/14 at 12:14 pm to Cheese Grits
The whole purpose of a city hosting an event like this is that it brings the money in. That comes in the form of increased room rates as well as food, beverage, and leisure sales.
It's just the way it works. There's absolutely no reason for a city to host an event like this unless there is increased demand and increased revenue.
Hosting a major event isn't some altruistic venture to be undertaken by a city for the good of the event's organizers. It's there to help the businesses in the city make money and increase revenues for the city as a whole. I could never see a city freezing rates to secure an event with the only benefit being increased hotel occupancy and increased food/bev sales.
ETA: Again, unless it's a smaller town looking for a bump in food/beverage sales and occupancy. The SEC BB Tournament just doesn't make a big enough splash food/bev wise in a big city to sacrifice anything else to get the event. Even then, the city's tourism board likely couldn't get independent hoteliers in the city to all agree to freeze prices.
It's just the way it works. There's absolutely no reason for a city to host an event like this unless there is increased demand and increased revenue.
Hosting a major event isn't some altruistic venture to be undertaken by a city for the good of the event's organizers. It's there to help the businesses in the city make money and increase revenues for the city as a whole. I could never see a city freezing rates to secure an event with the only benefit being increased hotel occupancy and increased food/bev sales.
ETA: Again, unless it's a smaller town looking for a bump in food/beverage sales and occupancy. The SEC BB Tournament just doesn't make a big enough splash food/bev wise in a big city to sacrifice anything else to get the event. Even then, the city's tourism board likely couldn't get independent hoteliers in the city to all agree to freeze prices.
This post was edited on 3/15/14 at 12:17 pm
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