UTRGV provides Island with economic impact data

first_img Share RelatedCVAB approves food truck festival on SPI, denies fall music festivalBy PAMELA CODY Special to the PRESS The Convention and Visitors Advisory Board (CVAB) of the City of South Padre Island met at noon Wednesday, September 18, to consider funding requests and view presentations by potential group business marketing firms. The CVAB discussed funding requests for two potential upcoming events…September 20, 2019In “News”CVB using analytics to study eventsBy KEVIN RICH Special to the PRESS A report on marketing analysis, comprehensive planning, and consideration of mural submissions highlighted the Tuesday, Nov. 13 meeting of the South Padre Island Economic Development Corporation (EDC). Mike Flores, interim executive director of the SPI Convention and Visitor’s Bureau (CVB), provided the EDC with…November 23, 2018In “News”CVAB hears marketing reportsBy KEVIN RICH Special to the PRESS The SPI Convention & Visitors Advisory Board heard presentations regarding Island conventions and events, Conventions and Visitors Board reports, as well as media and market planning at its August 24th meeting. Port Isabel Chamber of Commerce President Betty Wells made a presentation to the…September 2, 2016In “News” By KEVIN RICHSpecial to the PRESSAnalysis of economic impact study methodology highlighted the Wednesday, June 27 meeting of the South Padre Island Convention and Visitors Advisory Board (CVAB). Representatives from UTRGV provided the Board with a presentation on the research methodology used in conducting their economic impact study of CVAB sponsored events held on the Island between November 2017 and May 2018. These included the SPI Marathon, Kite Fest, Open Water Festival, Sand Crab Run, Splash and the Padre Jailbreak.The data provided for each of the events included the amount of money invested by the CVAB, total spending by attendees, tax revenues generated, return on investment and the percentage of people likely to attend again. Dr. Penny Simpson, of UTRGV, explained that five student organizations were involved in gathering the data. “The measures are solid and consistent throughout, as is the methodology,” Simpson summarized.Want the whole story? Pick up a copy of the Port Isabel-South Padre Press, or subscribe to our E-Edition by clicking here.last_img