Charlotte sees $163.6 million boost thanks to DNC
CHARLOTTE, N.C. — September’s Democratic National Convention brought $91 million in new spending into the local economy, for a total economic impact of nearly $164 million, according to The Charlotte Observer.
The visitors group, along with the city of Charlotte and three other groups, hired Tourism Economics to conduct a detailed study of the convention’s dollars.
The group found that hotels were the biggest beneficiary of the DNC.
The consultant said area hotels booked 61,246 hotel room nights for the DNC, generating $20.9 million in revenue. September was the local hotel industry’s best month in at least four years. Tax revenue for hotels was up more than 80 percent compared to September 2011.
Read more at The Charlotte Observer