Canes Announce NHL Stadium Series Monetary Influence

RALEIGH, NC. – The Carolina Hurricanes, in conjunction with Go to Raleigh and the National Hockey League, presently announced the monetary impact statistics from the 2023 Navy Federal Credit Union NHL Stadium Series.

According to the figures released presently by Go to Raleigh, the Stadium Series game amongst the Hurricanes and Capitals at Carter-Finley Stadium on Saturday, Feb. 18, generated $13.six million in total monetary impact. The total NHL Stadium Series weekend, which consisted of the Hurricanes’ residence game against the Canadiens on Thursday, Hurricanes FanFest presented by UNC Effectively becoming and the Hootie &amp the Blowfish concert on Friday, the Stadium Series game and In fact Complicated Seltzer NHL PreGame official fan festival on Saturday and the men’s basketball game amongst UNC and NC State on Sunday, generated $20.1 million in total monetary impact. For added information regarding the monetary impact report, please make speak to with Jess Holt with Go to Raleigh at jholt@visitraleigh.com.

“We could not be prouder of the efforts of so a lot of people in putting on an unforgettable week and weekend in Raleigh,” pointed out Hurricanes Chief Marketing Officer Mike Forman. “The Carolina Hurricanes brand was on total show to national and international audiences to rave critiques from these who attended the week’s events or tuned in from afar. We can’t thank our funding partners (City of Raleigh, Wake County, NC Division of Commerce, Centennial Authority, Go to Raleigh), NC State University and the NHL sufficient for generating this week a reality and laying the groundwork for the monetary impact it developed to our city, county and state to the tune of additional than $20 million. To the Caniacs – we hope that the Stadium Series game will forever be a lasting memory, and we’re so excited that the rest of the planet had the opportunity to see the greatest fans in the NHL on show at Carter-Finley Stadium.”

“The NHL Stadium Series presented an extraordinary monetary boost to our region,” pointed out Dennis Edwards, President &amp CEO, Go to Raleigh. “Raleigh was buzzing with activity all via the entire weekend. We are thrilled with the level of help from our neighborhood partners, residents and guests for the game and all of the ancillary activations that developed this a right city-wide encounter. Not also extended ago Raleigh was designated the #1 Sports Host City in the U.S. (by SportsTravel Magazine), and the impact of the Stadium Series enhances our presently successfully-established reputation as a big sports occasion place. Thanks to the NHL, the Carolina Hurricanes and NC State University for big the way and generating this unforgettable weekend a reality.”

“Each particular person who attended this year’s Stadium Series game knows the impact of this occasion was tremendous the excitement and anticipation have been palpable all weekend, and the atmosphere in the stadium was just electric. Now we have the total monetary impact quantity to demonstrate it even added,” pointed out NHL Chief Content material material Officer and Senior Executive Vice President Steve Mayer. “We thank the city of Raleigh, the Hurricanes organization and NC State, who have been exceptional partners each and every and each step of the way in assisting us make an extraordinary encounter for completely everybody involved.”

About the Greater Raleigh Convention and Guests Bureau (Go to Raleigh):

As the official place marketing and advertising organization for Wake County, the Greater Raleigh Convention and Guests Bureau (Go to Raleigh), is accountable for marketing Wake County as an desirable travel place and enhancing its public image as a dynamic place to reside and function. By means of the impact of travel, the organization strengthens the monetary position of and delivers opportunity for people all via Wake County. Raleigh, N.C./Wake County welcomes pretty much 16 million guests annually whose spending tops $two.3 billion. The visitor economy supports a lot additional than 21,000 neighborhood jobs in Wake County and generates $243 million in state and neighborhood tax revenues, saving each and every and each Wake County household $592 in taxes annually. visitRaleigh.com

Monetary Influence Notes

Not all visitor spending could have been prompted by this occasion in some situations, an occasion could be taken in by guests traveling for other purposes but attending when appropriate right here.

Direct monetary impact (comprised of direct spending/enterprise sales with guests, organizer and media/sponsors) is not the related as total monetary impact (direct + indirect + induced effects) direct spending indirectly influences added spending by neighborhood firms (by signifies of affiliated present chain) and induces added spending by workers of neighborhood firms (by signifies of generated income). Some of this total monetary impact also leaks outdoors of the neighborhood economy, due to the obtain of goods, options and raw elements outdoors of the county by locals/occasion organizer.

The spending of Wake County residents is excluded from the calculations, as the basis of tourism monetary impact is to track new income into the neighborhood economy, not the circulation of neighborhood income.