Charlotte hotels will be packed for the 2025 PGA Championship
The PGA Championship is expected to draw 200,000 fans to Quail Hollow Club in South Charlotte this month, tournament organizers tell Axios.
Why it matters: That doesn't take into account 156 golfers, hundreds of media members, vendors and other people traveling to Charlotte to work the tournament, many of whom will stay in Charlotte's hotels.
State of play: The PGA Championship, one of golf's four majors, returns to Charlotte May 12-18. Grounds tickets for Friday and Saturday have sold out.
Hotelier and Charlotte Regional Visitors Authority (CRVA) chair Vinay Patel tells Axios his two hotels in Ballantyne and Stonecrest are booked to 80-90% occupancy during the PGA Championship.
Patel, who has 12 hotels in the Charlotte metro area, expects his hotels in south Charlotte to sell out throughout the weekend starting Wednesday, and starting on Thursday for his Matthews property.
Hotels across Charlotte are expected to surpass 90% occupancy, according to tournament organizers.
By the numbers: Hotel rates will be 40-50% higher during the PGA Championship, Patel says.
Available hotel rooms in SouthPark, where golfer Wyndham Clark likes to stay, range between $571 and $764, according to HotelsCombined, a site that compares hotel prices.
Hotels in Stonecrest range from $351-$429 and $325-$1,177 in Ballantyne.
Uptown hotels range from $219-$799. These prices are as of May 2.
Between the lines: Airbnbs near Quail Hollow Club have mostly been gobbled up, Axios' Alexis Clinton reported.
Patel doesn't see the rental market as competition because they're serving a different need. If you're in town for the entire week, an Airbnb may be what you need, but if you're looking for the full-service experience or you're entertaining a client, you're probably opting for a hotel, he says.
The big picture: The world will have its eyes on Charlotte.
When Charlotte hosted the PGA Championship for the first time in 2017, the economic impact was roughly $100 million for the region, per CRVA.
The 2025 tournament is forecast to exceed $100 million in economic impact, according to tournament organizers.
Zoom out: There will also be a Shakira concert on May 13 and a Charlotte FC match on May 17 at Bank of America Stadium, plus a Carolina Ascent match at American Legion Memorial Stadium. These events will result in even more hotel stays.
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