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Special
Olympics Winter Games Add $22 Million to Anchorage Economy
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Source:
Economic Impact of the 2001 Special Olympics World Winter Games Alaska.
By Eric Larson, Scott Goldsmith and others. June 2002. Prepared for
Game Organizing Committee, World Winter Games Alaska
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In March 2001,
Alaska saw the biggest sporting event in its history, when 1,800 athletes
and 8,000 visitors came to Anchorage for the Special Olympics World
Winter Games. About 4,500 people-including Alaskans and visitors-were
volunteers at the games, and 8,500 Anchorage residents attended the
events.
To assess the
economic effects of the games on Anchorage's economy, ISER used a combination
of interviews, financial information from the games' organizing committee,
and previous studies. We interviewed a total of 362 visitors and local
residents at the sporting events and mailed surveys to a sample of Anchorage
businesses. Among the findings of the study (cited above) are:
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. The games
brought $22 million in new money into the Anchorage economy. That
includes money the federal government spent to build and improve facilities
before the games; money the games' organizing committee spent to prepare
for and stage the games; and money visitors spent at local hotels
and other businesses.
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. That spending
generated $12 million in Anchorage payroll and a total impact of about
$32 million in sales.
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. The additional
Anchorage payroll generated during the games represented the annual-average
equivalent of nearly 400 jobs. Most of those jobs were in visitor
industries-like hotels and restaurants-but some were also in construction,
communications, and other industries that don't ordinarily benefit
from tourist spending.
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. Virtually
all (98 percent) of Anchorage residents surveyed said the games improved
the quality of life in Anchorage. A third said the games had brought
the community together; others cited international exposure, greater
awareness of other cultures, and improved awareness of people with
disabilities as non-economic benefits of the games.
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. New or
improved facilities built for the games will benefit local residents,
according to 84 percent of Anchorage residents surveyed for this study.
The federal government largely paid for building, road, and other
improvements at Anchorage's Hilltop Ski Area and Kincaid Park.
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To view the full
report, click
here.
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