• Pirates Success Leads to Fiscal Success for Pittsburgh

     
    POSTED October 8, 2015
     

While the Pittsburgh Pirates are done for the series, they did qualify for post-season play, and this qualification, likely led to a significant economic boost for the Pittsburgh area, according to Visit Pittsburgh and Pirates estimates.

Yesterday’s National League Wild Card game against the Chicago Cubs at PNC Park is estimated to have resulted in roughly $4.6 million to $5-plus million in direct spending. This includes ticket sales, hotel rooms, concession stand sales, restaurants, retail sales and other.

The Pirates organization comes up with this figure through an industry standard formula from the Destination Marketing Association International, a global trade association for official destination marketing organizations.

"Congratulations to the entire Pirates organization for yet another great season of baseball and for continuing to put our city in the national spotlight," says Craig Davis, CEO, Visit Pittsburgh "Ninety-eight wins and going 8- 2 on their final road trip with the pressure building demonstrates the resolve of this team and its coaches, and their success continues to benefit our city in so many ways."

 

While the direct spending is incredibly important, there are other things more difficult to calculate that are equal in importance.

"When the national television cameras show the Pittsburgh skyline, Point State Park, the inclines or one of Pedro's homeruns landing in the Allegheny River, it creates a tremendous level of positive publicity and exposure for our city—exposure that we could never afford otherwise," says Davis. "The best way for us to promote the city is for people to see the city.  And the Pirates have made sure that hundreds of thousands of people across the country have seen our beautiful city from afar—and Pittsburgh becomes a winner, too."

Remote working has become mainstream with the continued presence of COVID-19. While many people have welcomed the new normal of working from home, others miss the separation of spaces, as many corporate offices have remained closed since March. Without the daily obligation to go into the office, professionals have the ability to travel more freely. Hotels across the country are creating “work from hotel” deals–a play on “work from home”–so people can explore new places while still fitting in their 9 to 5.  

 

Due to COVID-19, non-essential travel was, or has been, banned for months. Long anticipated trips and in-person gatherings were canceled and people have adjusted to the new normal: staying at home and meeting over Zoom. However, states have been slowly lifting restrictions, and non-essential travel will soon be happening across the country again. However, some may not be as comfortable with the thought of traveling as they were before the pandemic.  

 

Portland will be home to the first Ritz-Carlton in the Pacific Northwest. Developer BPM Real Estate Group is bringing the brand to the city, with an anticipated opening in early 2023. Plans call for a 35-story tower with 251 hotel rooms and 138 residential units, including eight penthouses.