Boone-Roubaix Economic Impact

Today we released the economic impact analysis of the Second Annual Boone-Roubaix bicycle race held in Todd, NC on April 23. The analysis demonstrates that bicycle racers and their families spent over $18,000 on lodging, meals, and other shopping while in the area for the race. Thanks to the generous support of River Girl Fishing Company, 4 Seasons Vacation Rentals, and Dolce Vita Wine Bar of Charlotte the race attracted 255 people to the area during an off-season weekend when most college students had left town for the holiday. An economic impact analysis performed by Pirate Race Productions based on a rider survey executed the week of April 24 to May 1, demonstrates that participants spent approximately $18,116 dollars while in the area, resulting in between $485 and $859 in local tax revenue. Furthermore, the event raised $300 for Wine to Water, an international non-profit agency based in Boone that brings clean drinking water to impoverished communities. Survey results are available at http://www.PirateRaceProductions.com/local