Economist: Hotel Data Shows Hosting NFL Draft Has Minimal Positive Effect

(The Center Square) – Cities that host the NFL Draft have seen small increases in hotel revenue in recent years but those gains are far smaller than what is claimed by teams, the National Football League and the marketing and tourism departments in local government have claimed. The first three cities to host the draft after it left New York saw insignificant changes in hotel stays during the event while host cities since 2019 have seen between $4 million and $6 million in hotel revenue increases due to the event, according to a new paper provided to The Center Square from economist E. Frank Stephenson from Georgia’s Berry College.Support this podcast: https://secure.anedot.com/franklin-news-foundation/ce052532-b1e4-41c4-945c-d7ce2f52c38a?source_code=xxxxxx Full story: https://www.thecentersquare.com/wisconsin/article_4bf85da5-df7a-4699-9805-eaeef0737f72.html Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.