PGA Championship generated $192 million in regional economic benefit, study finds
New research indicates the event at Quail Hollow Club contributed $116 million in direct spending, though the study was funded by the local tourism body.
A recent economic impact study has determined that last year’s PGA Championship at Quail Hollow Club generated $192 million in economic benefit for the Charlotte region. The findings, obtained by CBJ, position the tournament as one of the city’s most prosperous tourism events, according to the analysis commissioned by the Charlotte Regional Visitors Authority.
The study was conducted by Tourism Economics, a firm based in Philadelphia, on behalf of the PGA of America and the Charlotte Regional Visitors Authority. The visitors authority paid for the research, a detail that underscores the institutional interest in quantifying the financial returns of hosting major sporting events.
The PGA of America owns and operates the PGA Championship, which is recognised as one of men’s golf’s four major championships. The event took place at Quail Hollow Club, drawing significant attention and participation from the golfing community and the wider public.
Direct spending during the tournament week totalled $116 million. This figure encompasses accommodation, dining, transport, and other expenses incurred by visiting fans and organisers. The remaining value in the total economic benefit is derived from indirect and induced spending effects within the local economy.
The report highlights the substantial financial footprint of the championship, reflecting the broader trend of major sporting events contributing to regional tourism revenue. The data provides a structured assessment of the economic activity generated by the tournament, offering insights into the financial dynamics of high-profile golf events.
