Myrtle Beach Sports Center economic impact down for third straight year, generated over $20 million in 2018

Myrtle Beach Sports Center economic impact down for third straight year, generated over $20 million in 2018

MYRTLE BEACH, SC (WMBF) - Despite generating an estimated $20 million in economic revenue in 2018, the Myrtle Beach Sports Center is still hoping to stop a three year economic downturn. Numbers released earlier this week show the facility’s economic impact down nearly $11 million from 2016 final numbers.

“Those numbers could fluctuate year to year based on tournaments who don’t come back every year maybe they’re on a rotating basis,” began Marke Beale, the Center’s Marketing and Business Development Director.

“We survey people when they come here for an event and we report those numbers to the city and they put those numbers in a calculation for the direct spending numbers.”

The City of Myrtle Beach will release official sport tourism statistics later this year, that data will break down economic impact by each individual park. The data estimating MBSC at $20 million was released by the center’s management company Sports Facilities Management(SFM).

“More than anything I intend on using 2019 as practice for our marquee events lined up for 2020 and beyond,” said Sports Center General Manager Jessica Vanco in release.

The Sports Center was honored by Sports Destination Management as a Champion in Economic Impact for July’s NTBA Boys National Championship tournament, held in July 2018. Officials estimate the tournament brought in close to $3.9 million in revenue.

Looking ahead to 2021, the facility will again host an elite archery tournament, estimated to bring in nearly $12 million in just 3 days.

“The MBSC staff moves like a well-oiled machine and we are well-prepared to host events like the 2020 XCEL Regional Gymnastics Tournament and 2021 NASP World Archery Tournament," said Vanco.

For more information on the facility or to book an event or tournament, visit www.myrtlebeachsportscenter.com.

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