The Peach State
Junior Tennis Classic tournament held Memorial Day Weekend in Peachtree
City netted an economic impact of $1.59 million, according to official
projections.
Virgil Christian,
director of the Peachtree City Tennis Center, said at Monday night's Development
Authority meeting that the figure could actually be higher, but he would
rather estimate on the conservative side.
For example,
during the calculations, Christian plugged a $90 per person per day spending
estimate into the formula, although others argue it could have been as
high as $140, he said.
"It's
a very standard formula," Christian said.
The $90 per
day figure was multiplied by the number of persons staying each day for
the tournament and an "economic multiplier." The multiplier
helps make sure the figure reflects how many times out-of-town dollars
"turn over" in the community, said authority member Tate Godfrey.
The tournament
helps fill up local hotel rooms on the weekends when they are typically
less crowded than during the week, Godfrey added.
"I talked
to some folks over at The Avenue and they said they had a great Memorial
Day weekend," Christian said, noting retailers there noticed a pickup
in business due to the tournament.
This year's
Peach State featured a qualifying round, bringing the total number of
participants from 231 last year to 322 this year, said tournament organizer
Sean Ferreira. A total of 28 different states, including California, were
represented in the playing field.
The result
was a net profit of $8,000, largely thanks to increased support from sponsors,
Ferreira said.
"The field
is getting stronger and stronger," Ferreira said, adding that it
features some of the top players from throughout the country.
It also helped
that two tennis product manufacturers sent company representatives to
the tournament, lending prestige to the event, Ferreira said. With over
10 hours of rain delays, the tournament was in danger of being cancelled,
but they were able to complete play as planned, he added.
Approximately
16 area youths competed in the tournament, Ferreira said. Also, a number
of college coaches attended the event after receiving invitations from
Christian, Ferreira said.
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