With the recent success of the Baltimore Ravens, the city is gearing up to host the AFC Championship game this weekend, with all the tickets, hotel reservations, and memorabilia that are being bought, the economy is seeing quite the boost right now. Hotel Revival at Mount Vernon is seeing an unusual and rare sellout in January. Ramond Sneed, General Manager of Hotel Revival, had this to say, "Business has been booming, the Ravens have been a huge impact for us," he also went on to say, "There's something about the NFL and your team being successful, it's a talking point with the staff - it's a talking point with the customers - it's a conversation, with good banter that gets everyone excited."
Apparel stores are also getting the love, with all the fans crowding in from all over the country, it is customary for them to go into these stores and get the freshest and newest Ravens gear ahead of the big game. Michael Tyson, Owner of Poor Boys Sports, met the economic boost with a lot of joy, ""It's been crazy, I mean packed - the parking lot is packed - having trouble getting cars in the lot, to be honest with you." Whether it is expected MVP Lamar Jackson or the Superbowl being within arm's reach for the Ravens, these fans have a lot to be happy about, and so does the economy.
5 comments:
I wonder if you could find a correlation between economic booms in American cities and how well their teams perform during an NFL season. How much more money is made from winning one more game in a season? Does it increase drastically more when it's a playoff game versus a regular season game? How about when your best player is also the MVP like as is the case in Baltimore?
I think it may affect cities such as Detroit more than cities like Kansas City and Boston (back when TB12 was at the Patriots) as they have had continued success over the past decade. A team like the Detroit Lions has not been good in decades and because of this may cause an economic boom even more so in Detroit and bolster the overall mood of the city.
This is very interesting, I wonder how much having a potential MVP vs being a Super Bowl contender affects local economies during the regular season compared to teams that have neither of these going for them.
This post made me think about how much a city would benefit from hosting a Super Bowl. It's slightly different than the story you shared about Baltimore, but the impact on businesses especially hospitality and dining has to be tremendous. This year, the Super Bowl is being held in Vegas. I could only imagine how much of an impact that would have on the city, especially gambling.
This post is very interesting and really made me think about Pro sports teams in general bringing an economic boom to their city. In Cleveland, when Lebron was playing for the Cavs, the economy was doing extremely well and when he left, its not done as well.
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