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DPI Downtown Economic Impact StudyDPI Downtown Economic Impact StudyDPI Downtown Economic Impact Study/pdf/DPI%20Downtown%20Economic%20Impact%20Study.pdf<p>PHOENIX (July 16, 2018) — More and more people across the country are choosing the convenience and connectivity of urban centers, complete with walkable neighborhoods, a diverse mix of fun things to do, access to jobs, and educational opportunities. </p><p>Phoenix is no exception. Downtown is repopulating at a rapid pace with 7,000 residential units, 13,000 students, nearly 400 tech and creative companies at local co-working spaces, and hundreds of hotel rooms added annually for conventioneers, business and leisure travelers. </p><p>Combined with major sports, arts and cultural events, the concentration of activity is a boon for the local economy. </p><p>According to a new report detailing the economic impact of Downtown Phoenix, more than 66,000 people work in the 1.7-mile area, which translates into $3.9 billion in wages. </p><p>Those numbers combined with direct tax revenues and the total value of goods and services produced within Downtown Phoenix totals $9.7 billion annually — the fiscal equivalent of 28 Super Bowls every single year. </p><p>"At the end of the day, downtown is punching way above its weight in terms of generating resources for the city, county and state," said David Krietor, CEO of Downtown Phoenix Inc. </p>7/19/2018 8:52:06 PM2018-07-16T07:00:00Z
Phoenix Selected to Host 2024 NCAA Men's Final FourPhoenix Selected to Host 2024 NCAA Men's Final FourPhoenix Selected to Host 2024 NCAA Men's Final Four/pdf/NCAA%20Final%20Four%202024%20Announcement.pdf<p>PHOENIX - The NCAA on Monday selected Phoenix to host the 2024 Men's Final Four. </p><p>The national semifinals are set for Saturday, April 6, 2024 at University of Phoenix Stadium in Glendale, with the national championship game tipping off on Monday, April 8. </p><p> Phoenix won the right to host in a competitive bid process that included six other finalists to host the 2023-2026 Men's Final Fours. The Valley hosted its first Final Four in 2017. </p><p>"I could not be prouder that the NCAA has selected Phoenix to host another iconic Final Four," Arizona Gov. Doug Ducey said. "The Final Four is more than just great games, it's a spectacular opportunity for our statewide tourism industry and a platform to showcase Arizona to an international audience. We look forward to welcoming the teams and their fans to our state, which is quickly becoming the nation's No. 1 destination for major sporting events."</p><p>The Valley's Final Four bid was a collaborative effort, with the Arizona Sports and Tourism Authority, local municipalities, tourism bureaus and the Arizona Cardinals teaming up with the Phoenix Local Organizing Committee (PLOC). Arizona State University will serve as the host institution.</p><p>"This is a fantastic day for Arizona. We are thrilled to be selected to host another Final Four," PLOC co-chair Debbie Johnson said. "Once again, this has been a true community effort. I am grateful to everyone across the state who supported our successful bid."</p><p>The PLOC leadership is co-chair Johnson, director of the Arizona Office of Tourism; co-chair Dan Lewis, President and CEO of Native Insight; Ray Anderson, ASU Vice President for University Athletics; Steve Moore, President and CEO of Visit Phoenix; and Tom Sadler, President and CEO of the Arizona Sports and Tourism Authority, which owns University of Phoenix Stadium.</p><p>The 2017 Final Four generated an estimated $324.5 million in economic impact, according to a study by Arizona State University's W.P. Carey School of Business. The event also provided vast media exposure for the state, with a Final Four-record 2,201 credentialed media and an average of nearly 23 million television viewers for the North Carolina-Gonzaga championship game.</p><p>"We thank the NCAA for selecting Arizona to host this highly coveted event with its massive economic and community impact," Sadler said. "Major events create a strong sense of pride for all Arizonans. We look forward to hosting another Final Four and thank the voters of Maricopa County for making this possible when they approved Prop. 302."</p>7/19/2018 8:49:05 PM2018-07-16T07:00:00Z
PCC Welcomes ASU Students for Global Meetings Industry DayPCC Welcomes ASU Students for Global Meetings Industry DayPCC Welcomes ASU Students for Global Meetings Industry Day/pdf/PCC%20Welcomes%20ASU%20Students%20for%20Global%20Meetings%20Industry%20Day.pdf<font style="font-size:13px;"> <div><span class="ms-rteFontSize-3" style="font-size:13px;"><span aria-hidden="true"></span>​PHOENIX (April 13, 2018) — Phoenix Convention Center Sales & Marketing and Event Management professionals welcomed Arizona State University (ASU) Tourism students for an interactive discussion about meetings and events on April 12 for Global Meetings Industry Day (GMID). Meetings Means Business founded GMID to highlight the impact that business meetings, conferences, conventions and tradeshows have on the hospitality and tourism industry. </span></div><div><span class="ms-rteFontSize-3" style="font-size:13px;"><span aria-hidden="true"></span></span> </div>Research from Oxford Economics reveals that in 2016, face-to-face meetings and events supported 5.9 million jobs and produced an $845 billion economic impact in the United States. In 2017, the Phoenix Convention Center welcomed 67 Conventions, generating $399,934,291 in direct spending to the state and local economy. <br><br> Across the world, meeting professionals participate in international advocacy day events. The Arizona Lodging & Tourism Association (AZLTA) hosted Arizona Tourism Advocacy Day at the State Capitol on April 11. The day’s events attracted lodging and tourism industry professionals to the Capitol to meet with Legislators to highlight the importance of the meetings industry in Arizona. <br><br> The Phoenix Convention Center supported GMID on social media using the hashtag, #GMID18 and highlighted career development opportunities within the meetings and events industry during the panel discussion with the ASU students. Panel members shared information about their background, career development and current responsibilities in addition to participating in a Q & A session and facility tour immediately following the panel. <br><br> Created in 2016 to raise the profile of the meetings and events industry, GMID receives support from professional organizations, association chapters, corporations, elected officials and business leaders. Events were held throughout North America, Latin America, South America, Europe, Africa, Asia and Australia with robust conversations producing more than 40 million social media hits. </font>4/13/2018 9:32:33 PM2018-04-13T07:00:00Z