Padding the iron wallet
Coeur d'Alene Press | UPDATED 14 years, 10 months AGO
The 2,500 Ironman triathletes and the friends, family and support they
bring with them are expected to have a $10 million economic impact on
the region.
Todd Christensen, president and general manager of the Coeur d’Alene
Chamber of Commerce, said today that with a multiplier effect of two
to five, the cash influx into the community should have at least that
much effect.
Hospitality facilities such as lodgings and restaurants see the most
immediate returns, but general and specialty retailers also get a
significant boost from the event, Christensen said.
And while the flow of traffic is slowed with all the additional cars
in town, and with some streets limited to vehicular traffic on raceday
Sunday, there will be ways to get to any business that is open that
day, said Mac Cavasar, race director.
Jason Gearman and Marsha Jaros drove with their Ironman spouses from South Dakota, and estimate each family will spend $500 to $700 while here, on lodging, food and miscellaneous expenses.
"And beer," he said this afternoon at The Moose Lounge.
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