STHM 1113 Lecture 1: Leisure 1
6 May 2018
School
Department
Course
Professor
• Part of the Leisure Industry
- raises profile of the city
- Contributes to jobs in Philly & local economy
- brings disposable income in the form of travel, hotels, and restaurants,
museums, sports
-- Philly made strategic decision to get these events
• Economics of Leisure
o Tourism & Hospitality
▪ Directly contributes $1.3 Trillion in Revenue
• Indirectly $7 Trillion
o 266 Million jobs
▪ 1 out of 11 jobs
o Sport
▪ Estimated $145 Billion
▪ Growth rate around 3.7% per year
o Local economics – Philadelphia
▪ Tourism and hospitality
• $10 Billion to the local economy
• 90,000 jobs
▪ Nfl draft
• Employed over 200 people
• Last eagles playoff game versus the saints in 2014 added $10
million in revenue – hotels, shopping, food, travel, etc.
• Nfl draft 2017 philadelphia
o How much money did this bring to the city?
o Who did the study of the economic impact of the draft?
o 250,000 people attended between april 27-29
o What was one surprising/unanticipated result?
• What do we study in sport/tourism/leisure industries?
o Was the NFL Draft a success for the city of Philadelphia?
How do we know? (SIRC)
o How do you establish ticket prices for events? (dr. Joris
Drayer)
o How do you choose a team mascot for MLS team? (Dr.
Thilo Kunkel)
o How do we increase tourism to our city/state/country?
(Dr. Yang Yang)
o How do we forecast hotel occupancy better? (dr. yang
yang)
o What is the fan experience at each MLB Park? (Graduate
student, Andy Sturt)
• What type of internships & jobs do people get in our majors?
