MTB World Champs leaves R3 billion indelible print on PMB

[Gavmeister]

Wow, just read this article on Supersport's web page, incredible what a positive effect it had on the area, wish we could host more of these type of events.

 

http://www.superspor...indelible_print

After the dust has settled and the bike wheels stop turning the local organising committee of the UCI Mountain Bike Masters and MTB and Trials World Championships triggered an economic boom for the city of Pietermaritzburg and its broader regional economy worth R3 billion in direct economic activity and media exposure.

The Masters competition alone had 591 competitors, largely South African but, if you include support staff and families the number of people that were in the city sits at an estimated 1 491 people over the duration of the event.

The MTB and Trials World Championships was seen as the signature event of the whole stay and 903 riders were accredited to compete in the event. This coupled with the large support crews that the teams brought with them brings the overall figure to 1 866 people staying for the duration of the Elite World Championships.

The economic impact can now be estimated and they have worked out a conservative estimate as to how much money each of the events would have brought into the city. Over the Masters event the estimate was slightly over R10.3 million. The Elite event saw the city pull in just under R33.7 million. These amounts were just for the competitors and crews over the two weeks of the competitions.

The media contingent was just over 200 strong and that meant that they too were responsible for bringing in a fair sum of money into the city. It was estimated that the entire media contingent brought in just over R2 million in Pietermaritzburg over the duration of the World Champs.

Adding up all of these figures means that all-in-all the event brought in an estimated total of R46 038 700 over the duration of both events. This coupled with the benefits that the event brought to the community of Pietermaritzburg tends to suggest it was a resounding success.

In the final financial report from the event it is stated that the amount of spending from the participants in the event in the city cannot be accurately gauged which means that there is still a fair amount of money unaccounted for that has been injected into the local community through spending at restaurants, shops ect.

The impact that the television production had on the event and on promoting the city was substantial due to the fact that the event was broadcasted all over the world. The event report suggests that the minimum coverage of the event will amount to a grand total of 196 hours which equates to a monetary value of approximately R 2.94 Billion.

The event was broadcasted to five different continents with a number of television networks taking the feed from the venue in order to broadcast in their countries. Along with the television coverage the Redbull Media TV broadcasted the event and logged record traffic on the site throughout the event.

The local organising committee spent over R3 million in the local communities and all of the people that were employed by them were locally sourced. All of the marshals, volunteers and any other person who was employed during the event gained skills and experience and this will benefit KZN MTB.

Edited September 24, 2013 by Sprocket70

[Pusher]

Wow, just read this article on Supersport's web page, incredible what a positive effect it had on the area, wish we could host more of these type of events.

 

http://www.superspor...indelible_print

After the dust has settled and the bike wheels stop turning the local organising committee of the UCI Mountain Bike Masters and MTB and Trials World Championships triggered an economic boom for the city of Pietermaritzburg and its broader regional economy worth R3 billion in direct economic activity and media exposure.

The Masters competition alone had 591 competitors, largely South African but, if you include support staff and families the number of people that were in the city sits at an estimated 1 491 people over the duration of the event.

The MTB and Trials World Championships was seen as the signature event of the whole stay and 903 riders were accredited to compete in the event. This coupled with the large support crews that the teams brought with them brings the overall figure to 1 866 people staying for the duration of the Elite World Championships.

The economic impact can now be estimated and they have worked out a conservative estimate as to how much money each of the events would have brought into the city. Over the Masters event the estimate was slightly over R10.3 million. The Elite event saw the city pull in just under R33.7 million. These amounts were just for the competitors and crews over the two weeks of the competitions.

The media contingent was just over 200 strong and that meant that they too were responsible for bringing in a fair sum of money into the city. It was estimated that the entire media contingent brought in just over R2 million in Pietermaritzburg over the duration of the World Champs.

Adding up all of these figures means that all-in-all the event brought in an estimated total of R46 038 700 over the duration of both events. This coupled with the benefits that the event brought to the community of Pietermaritzburg tends to suggest it was a resounding success.

In the final financial report from the event it is stated that the amount of spending from the participants in the event in the city cannot be accurately gauged which means that there is still a fair amount of money unaccounted for that has been injected into the local community through spending at restaurants, shops ect.

The impact that the television production had on the event and on promoting the city was substantial due to the fact that the event was broadcasted all over the world. The event report suggests that the minimum coverage of the event will amount to a grand total of 196 hours which equates to a monetary value of approximately R 2.94 Billion.

The event was broadcasted to five different continents with a number of television networks taking the feed from the venue in order to broadcast in their countries. Along with the television coverage the Redbull Media TV broadcasted the event and logged record traffic on the site throughout the event.

The local organising committee spent over R3 million in the local communities and all of the people that were employed by them were locally sourced. All of the marshals, volunteers and any other person who was employed during the event gained skills and experience and this will benefit KZN MTB.

Great read.

[Claudio]

After the dust has settled and the bike wheels stop turning the local organising committee of the UCI Mountain Bike Masters and MTB and Trials World Championships triggered an economic boom for the city of Pietermaritzburg and its broader regional economy worth R3 billion in direct economic activity and media exposure.

 

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