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30th Marine Corps Marathon
Nearly $20 Million Spent In Washington, DC Area by Participants and Spectators of the Marine Corps Marathon
By Elizabeth.Cline June 8, 2005 Quantico, VA For the Washington Running Report
The DC Metro area received $19.6 million in spending over the
Marine Corps Marathon weekend during October 2004 according to a
recent
report from the George Washington University International
Institute of
Tourism Studies. The study, which randomly interviewed runners
and
spectators- both local and visitors, found that more than 76,000
people came
to the area as a part of the MCM generating a 64% increase in
dollars spent
from the same weekend in 2002.
Marathon visitors over the four-day period predominately spent
on food,
lodging, entertainment, local transportation and retail
purchases. This
generated more than $1.3 million in tax revenue, up 114% from
2002.
Virginia was the dominant recipient of runner and spectator
spending,
bringing in nearly two-thirds of the money spent.
"I've seen the MCM and its impact grow in Virginia over the last
30 years,"
says Portofinos restaurant owner Sergio Micheli. "MCM weekend
is one of the
top three most profitable weekends of the year for my business."
The MCM and Charles E. Smith Commercial Realty partnered for the
first time
in 2004 to initiate the Crystal City Street Spectacular in an
effort to
stimulate the economic impact for new restaurants and shops
along Crystal
Drive. "Having Crystal City and Arlington as a central hub for
parking,
hotels, restaurants and the re-routed race for the 2004 MCM
generated
significant energy and economic benefits in Crystal City and
throughout
Arlington County," Mitchell Schear, President of Charles E.
Smith explains.
Runners and their parties spent nearly $10 million in
restaurants and on
retail purchases over the weekend. On average, runners and
parties stayed
2.4 nights at area hotels generating an additional $6 million in
revenue.
In addition to the economic impact, the Marine Corps Marathon
helped more
than 1,400 charity runners raise $4.9 million for both local and
national
causes. The program's seven-year total of more than $32 million
includes
contributions to the fundraising efforts of AIDS Marathon,
Lymphoma Leukemia
Society and St. Jude's. The Marine Corps Marathon continues a combined tradition of
dedication,
sportsmanship and patriotism. Since its inception, over 300,000
civilian
and military runners from all walks of life have participated,
deservingly
earning the event its nickname "The People's Marathon." The
30th Marine
Corps Marathon will be held on October 30, 2005.
Visit marinemarathon.com
for more information.
For media information, contact Beth Cline, Marine Corps Marathon
Public Relations Coordinator at (703) 432-1165, or by E-mail.
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