CHARLOTTE — Uptown hotels in Charlotte experienced a surge in business during the ACC Men’s Basketball Tournament, selling more rooms at higher rates.
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The tournament, held from March 11 to March 15 at the Spectrum Center, generated $18 million in direct spending, benefiting local hotels, restaurants, and transportation services.
The Charlotte Regional Visitors Authority conducted a study that highlighted the economic impact of the tournament, noting that county taxes from the event-related spending amounted to $1.1 million.
Read more on CBJ’s website here.
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