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Miami Herald
27-05-2025
- Business
- Miami Herald
Charlotte reacts as CIAA stiff-arms bid
The Charlotte Regional Visitors Authority (CRVA) has issued a statement following the CIAA's decision not to consider Charlotte as a host city for its men's and women's basketball tournaments from 2027 through 2029. "We have been informed by the CIAA that Charlotte will not be considered as a host city for the upcoming tournament cycle," the CRVA said. "While this is not the outcome we had hoped for, we are proud of the strong, collaborative bid submitted by the City of Charlotte, the CRVA, and the Charlotte Sports Foundation." The CIAA Tournament, which called Charlotte home from 2006 to 2020, relocated to Baltimore in 2021. It will remain there through at least 2029, following the latest extension. The Queen City's bid focused on its evolving stature as a major event destination, strong hospitality sector, and proven history with the event. A key issue in the decision was scheduling. When the CIAA requested 2027 dates in early 2025, key venues in the were already booked due to prior commitments. The CRVA noted that this reflected the city's continued rise as a sought-after host for major events. Despite the scheduling challenge, officials emphasized that their proposal highlighted the city's growth and readiness to once again embrace the tournament. "This effort showcased the evolution of our city, the strength of our venues, and the vibrancy of our hospitality community," the CRVA said. While disappointed, the CRVA remains hopeful for future opportunities. "We remain optimistic that Charlotte will have the opportunity to welcome the tournament back in the future." As the CIAA continues its run in Baltimore, Charlotte continues to look ahead, aiming to remain a player in hosting large-scale sporting and cultural events. The post Charlotte reacts as CIAA stiff-arms bid appeared first on HBCU Gameday. Copyright HBCU Gameday 2012-2025
Yahoo
16-05-2025
- Business
- Yahoo
PGA Championship bringing financial boom to Charlotte
Tens of thousands of golf fans are in town for this week's PGA Championship in south Charlotte and they were out in full force for the first round on Thursday. Channel 9's Joe Bruno spoke to fans who are enjoying the world-class golf at Quail Hollow Golf Club. 'Oh, it's fantastic, all the different cultures, different people; it is wonderful,' fan Nat Gorham said. RELATED: PGA Championship brings business, spotlight to local suppliers Fans are also praising the course's conditions. 'The course is immaculate. It's great it drains well. The rain doesn't really affect it much,' Reece Dorton said. 'You can't ask for a better golf course to play on.' The large crowds are also bringing in tons of extra cash for local businesses. Back in 2017, the event brought in 100 million dollars of economic impact, according to the CRVA. Tournament officials are hoping to surpass that as the world descends on Charlotte to watch the top golfers at Quail Hollow. Charlotte is counting on those out-of-towners to spend big while here. In 2017, hotel demand was up 50 percent compared to the same period the year before. And AirBnb said at the time, the Friday of the tournament was the biggest night ever in the city for guest arrivals It's a hard ticket to get. Passes will run you a couple of hundred dollars if you don't already have one. But at least, unlike the last PGA Championship, all food and non-alcoholic drinks are included. The PGA Championship follows the Presidents Cup at Quail Hollow in 2022. The 200 thousand attendees that year brought in more than 130 million to our economy. Fans hope the Queen City keeps landing big golf events 'It brings more attention,' Dorton said. 'I've been here all my life and I think this brings great attention and economy to the city." Nearly half of the attendees of the Presidents Cup stayed at some point overnight, with more than 145-thousand hotel rooms sold during that 6-day event. Charlotte's figures for the PGA Championship will be released in a couple of months. (WATCH BELOW: Fans, golfers take on PGA Championship practice rounds after Monday's washout)
Axios
02-05-2025
- Business
- Axios
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.
Axios
30-04-2025
- Business
- Axios
Charlotte finalizes its bid to reclaim CIAA this week
Charlotte is on deadline this week to finalize its bid to host the Central Intercollegiate Athletic Association's Men's and Women's Basketball Tournament for 2028 through 2030. Why it matters: Charlotte must submit a strong proposal to reclaim the tournament from Baltimore, the current host city and sole competing bidder. A successful bid will boast a premier venue, discounted hotel rates, a financial commitment for student scholarships and a welcoming environment, among other factors. Catch up quick: Charlotte hosted the CIAA tournament for 15 years, from 2006 to 2020, generating $650 million in economic impact, according to the Charlotte Regional Visitors Authority (CRVA). The city lost its bid to host the 2021 tournament to Baltimore. The latest: Charlotte and Baltimore each requested extensions on their bids, Charlotte Business Journal reported. CRVA CEO Steve Bagwell said his organization and others leading the bid had to finalize the deal details and determine whether Spectrum Center would be available to host all games. The CIAA prefers to host the entire tournament at the Spectrum Center rather than splitting rounds with Bojangles Coliseum, as was done in past tournaments. However, Spectrum Center may have scheduling conflicts from other already planned events. Bagwell told Axios on Monday that negotiations are ongoing, but he hoped for a resolution by the Wednesday deadline. He noted that Spectrum Center's ongoing renovations should improve Charlotte's prospects. The CIAA's request for proposals seeks low hotel room rates of $125 for teams, $200 for staff and $225 for fans. Bagwell acknowledged that meeting those targets is unlikely, although he added that the hotel community has been supportive. The bottom line:"I don't know if we'll get all the way there, but I think we'll be able to put a competitive package together," Bagwell says.
Axios
25-03-2025
- Business
- Axios
What Charlotte needs for a successful CIAA bid
Charlotte leaders are optimistic about bringing back the Central Intercollegiate Athletic Association's Men's and Women's Basketball Tournament for 2028 through 2030 — but locking down the Spectrum Center as the sole venue is key to the deal. Why it matters: Tourism officials told Charlotte City Council on Monday night that the CIAA prefers to host the tournament entirely at Spectrum Center, rather than splitting rounds between there and Bojangles Coliseum. Charlotte Regional Visitors Authority CEO Steve Bagwell said the CIAA wants to be in the heart of Uptown, where it's walkable and centralized. Ideally, the Spectrum Center would be a hub — not just for games, but for step shows, luncheons, day parties and receptions in its newly renovated spaces. Yes, but: CRVA has not confirmed whether the exclusive use of Spectrum Center is possible. The arena's schedule would need to accommodate the NBA and other events, including the ACC men's championship in 2028. CRVA must finalize its bid proposal to submit to the CIAA by April 15. Another potential hiccup: CIAA's request for proposals asks for bids covering 2027 through 2029, but Spectrum Center is already hosting the ACC women's basketball tournament in 2027. "I've had informal sidebar communications with the league about adjusting that time frame a bit (to host in 2028)," says Mike Butts, CRVA executive director. "I believe they are open to that." Catch up quick: Charlotte hosted the CIAA tournament for 15 years, from 2006 to 2020, generating $650 million in economic impact, CRVA says. The city lost its bid to Baltimore for the 2021 tournament. In 2019, the last year before COVID, the tournament's economic splash was $43.7 million. Zoom out: Charlotte is one of 10 cities invited to bid on the CIAA, but Baltimore and Charlotte are the only known respondents. Charlotte notified the league in January of its intent to bid. In Baltimore, the 2024 tournament boasts $32.5 million in economic impact and 43,000 fans. Tourism leaders say Charlotte is well positioned geographically to host this event, with eight CIAA-member schools across the Carolinas, helping to ensure a healthy attendance. Between the lines: The CIAA's request for proposals makes some strong requests, including guaranteed hotel room rates of $125 for teams, $200 for staff and $225 for fans. "The hotels are responding at different levels, some within and some not," Butts said. "These rates are in the range that they paid when they were here before." It also seeks a minimum commitment of $1.5 million for student scholarships. CRVA plans to invest $1 million to help advance the bid and hopes to achieve funding through the NC Commerce's Major Events, Games, & Attractions Fun. It's looking to the corporate community to fundraise for the scholarships. What they're saying: Council Member Ed Driggs, while he said he's "generally supportive," raised questions about public safety. "In the old days, the event was fun," Driggs said. "But we have to acknowledge that in recent years, there has been another element. ... There have been incidents which, I think, concerned the public. Council Member Malcolm Graham responded that past problematic events were not CIAA-sanctioned. The tournament is concerned about protecting its image, too. The other side: Baltimore has a strong case to remain the host. The CIAA has called Baltimore the "perfect destination," citing its high Black population and proud amplification of Black culture.
