City expects estimated $25.7 million boost from skating championships - Spokane, North Idaho News & Weather KHQ.com

Skate 2010

City expects estimated $25.7 million boost from skating championships

SPOKANE, Wash. - The City of Spokane is expecting an economic boost-both for Spokane businesses and local and state governments-from the 2010 U.S. Figure Skating Championships that will be held in Spokane next January.

"We've taken a look at the impact the championships had in Spokane in 2007, and it was significant," says Gavin Cooley, the City's Chief Financial Officer.  "We expect even stronger results from the 2010 event because it will be held just prior to the Winter Olympics in nearby Vancouver, British Columbia."

The timing of the championships couldn't be better, Cooley notes.  January is normally a slow time for businesses in Spokane, and with the current national recession, the championships are on track to provide some needed relief, he says.

The City's Finance Division has estimated a local economic impact from the 2010 event at approximately $26 million.  That included direct spending on hotels, restaurant meals, tickets, and purchases, along with a modest 1.75 multiplier.

The City, Spokane County and Washington state all would realize sales tax and other revenue from the championships.

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