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Running Festival Generates $18 Million for City and State
By Gene Brtalik November 9, 2007 Baltimore, MD For the Washington Running Report
The seventh annual Under Armour Baltimore Marathon and Running
Festival generated more than $18 million to the city and
state's economy according to a recent study by RESI, an
economic research and consulting firm located at Towson
University (see chart below). This year the event attracted a
record 14,542 runners, as participant numbers have grown 15-20%
for the last five years. Each year, the event attracts more out
of state participants with 40% of this year's runners coming
from out of state, compared to 25% in the first year. In all,
48 states and 23 countries were represented.
Year Visitors Total Hotels Eating Retail Transportation Entertainment
2007 40,600 $18,016,250 $3,828,453 $3,828,453 $2,702,438 $3,152,844 $4,504,063
2006 33,292 $14,773,325 $3,139,332 $3,139,332 $2,215,999 $2,585,332 $3,693,331
2005 30,416 $13,497,278 $2,868,171 $2,868,171 $2,024,592 $2,362,024 $3,374,319
2004 26,700 $11,843,510 $2,516,745 $2,516,745 $1,776,527 $2,072,614 $2,962,877
2003 22,400 $9,940,000 $2,112,250 $2,112,250 $1,491,000 $1,739,500 $2,485,000
2002 19,600 $8,697,500 $1,848,219 $1,848,219 $1,304,625 $1,522,063 $2,174,375
2001 25,200 $11,182,500 $2,376,281 $2,376,281 $1,677,375 $1,956,938 $2,795,625
"We are very proud of what this event brings to the community
both from an economic impact perspective and charitable angle,
it is truly a great event for the city," stated Lee Corrigan,
the event's Executive Director and president of Corrigan Sports
Enterprises. "Seven years of hard work have put this event on
the national and international runners' map. People all over
the country know about the Under Armour Baltimore Running
Festival and are anxious to come to Baltimore and participate
in our great event."
The charitable proceeds generated by the event topped
$600,000. Special Olympics Maryland, The United Way of
Central Maryland, Maryland Reads, The Leukemia and Lymphoma
Society, The Ronald McDonald House, Sadie's Gift, Baltimore
Office of Promotion and the Arts, Baltimore Fire Foundation and
The Center for Adoption and Education are some of the area's
benefiting charities. More than $3.6 million has been raised
for charity since the event's inception.
Registration for the 2008 Under Armour Baltimore Marathon will
open December 13 and another record-breaking participation is
expected. "Last year, the CareFirst Blue Cross Blue Shield
Half Marathon, the Legg Mason Team Relay as well as the United
Way 5K all sold out. The fact that we limit our fields every
year has certainly gotten around. We subscribe to a smart
growth theory and deliver a high quality product every year.
Sometimes when you grow too fast details go by the wayside and
mistakes are made. We want to keep our outstanding reputation
intact," said Corrigan.
"The Holiday Inn has been a proud supporter of the Marathon
since day one," commented Peter Komar, General Manager. "Year
in and year out this event is delivering for Baltimore. All the
hotels in town are positively impacted by this event and are
benefiting from its growth."
The 2008 Under Armour Baltimore Running Festival will take
place on Saturday, October 11, 2008 at M&T Bank Stadium. Online
registration will open on December 13, 2007 but mailed and
faxed applications are currently being accepted.
For more information visit
www.thebaltimoremarathon.com.
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