Posts

Austin Marathon Named Champion of Economic Impact for Second Year

/in /by

Champion of Economic Impact designation stems from 2019 Austin Marathon’s $48.5 million economic impact

The Ascension Seton Austin Marathon presented by Under Armour is proud to be named a 2019 Champion of Economic Impact in Sports Tourism by Sports Destination Management. This is the second year in a row the Austin Marathon has received this designation. The Austin Marathon injected $48.5 million into the Austin economy during race weekend. That’s an $11 million (23 percent) increase from 2018. The Austin Marathon partnered with Dr. Ali Dadpay, Associate Professor of Finance at the Gupta College of Business at the University of Dallas. The 29th annual Austin Marathon, owned and produced by High Five Events, will take place on February 16, 2020.

“Austin is known as a great place to live, to visit, and now — to run a marathon,” said Austin Mayor Steve Adler. “The recognition highlights the impact the race on the economic health of the city as more runners are realizing there’s no better city in which to recover!”

The 2019 impact was an $11 million increase from 2018

Other large-market champions include 2019 NCAA Final Four, BMW Championship, and TCS New York City Marathon. Sports Destination Management is the leading publication with the largest circulation of sports event planners and tournament directors in the sports tourism market. They announced the 2019 Champions of Economic Impact in Sports Tourism in a special feature in their November/December issue. This year’s winners are responsible for contributing more than $1.2 billion to the national economy over the past year. The issue’s cover photo, taken by renowned photographer Patrick Wong, features the legendary Austin Marathon start line with the iconic Texas State Capitol in the background. 

“The Ascension Seton Austin Marathon presented by Under Armour is exactly what we have in mind when we use the term, Champion of Economic Impact,” said Mary Helen Sprecher, Managing Editor, Sports Destination Management. “The Austin Marathon generates a sizeable benefit to the City of Austin and showcases partnerships between multiple agencies, all working together to create a world-class event.”

The Austin Marathon will celebrate its 29th year running in the capital of Texas in 2020. Austin’s flagship running event annually attracts runners from all 50 states and 30+ countries around the world. Having start and finish locations just a few blocks apart, being within walking distance of many downtown hotels and restaurants, and finishing in front of the picturesque Texas State Capitol makes the Austin Marathon the perfect running weekend destination. Registration is currently open.

Austin Marathon Honored as a 2018 Champion of Economic Impact

/in /by

Champion of Economic Impact in Sports Tourism awarded by Sports Destination Management

The Austin Marathon presented by Under Armour is proud to be named a 2018 Champion of Economic Impact in Sports tourism by Sports Destination Management. The Austin Marathon, produced by High Five Events, one of the largest privately owned event production companies in the United States, injected $37.5 million into the Austin economy during race weekend, a $3.1 million (8 percent) increase from 2017. High Five Events partnered with the expert faculty at St. Edward’s University’s Bill Munday School of Business to calculate the findings.

“The Austin Marathon’s annual multi-million dollar economic impact benefits Austin and stimulates our local economy,” said Austin Mayor Steve Adler. “We’re proud to host one of the country’s top marathons, one that annually attracts runners from all 50 states and more than 30 countries. More runners are realizing there’s no better city to recover in!”

Other large-market champions include 2018 NCAA Final Four, 2018 NFL Draft, and The Honda Classic. Sports Destination Management is the leading publication with the largest circulation of sports event planners and tournament directors in the sports tourism market. They announced the 2018 Champions of Economic Impact in Sports Tourism in a special feature in their November/December issue. This year’s winners are responsible for contributing more than $700 million to the national economy over the past year.

Austin Marathon contributed $37.5 million to the Austin economy in 2018

“The Austin Marathon is an excellent example of a sports event that showcases the City of Austin and offers multiple options that appeal to everyone, from the veteran endurance runner to the person who is dipping a toe into the waters of racing for the first time,” Mary Helen Sprecher, Managing Editor, Sports Destination Management. “The fact that this event has such a positive economic impact only reinforces the value of these events to the city and to the greater fitness community as a whole.”

The Austin Marathon will celebrate its 28th year running in the capital of Texas in 2019. Austin’s flagship running event annually attracts runners from all 50 states and 30+ countries around the world. Having start and finish locations in the heart of downtown Austin puts participants and spectators near all the action and within walking distance of restaurants, hotels, and shops. Finishing with the picturesque Texas State Capitol as your backdrop is icing on the cake for the perfect running weekend destination. Registration is open for all distances.