Disciplines

Business | Economics

Abstract

The 2022 Iceman Cometh Challenge mountain bike race is estimated to have generated or supported economic benefits for Grand Traverse County in the following ways:

  • 16,569 total visitors, with 88% visiting from outside of Grand Traverse County. Over 36 states and four countries were represented.
  • There were 38,047 total visitor days, with 95% coming from nonlocal visitors. These nonlocal visitors spent on average 2.5 days in the Traverse City area.
  • Direct spending of all visitors was $4.7 million, with nonlocal visitors spending $4.5 million.
  • The total economic impact of nonlocal visitors is estimated at $5.6 million in economic output supporting 47 jobs.
  • The total economic impact of all visitor spending and Iceman operational spending is estimated at $6.7 million in economic output supporting 57 jobs.
  • Nonlocal visitors generated approximately $35,233 in additional tax revenue for Grand Traverse County.

Share

COinS