Charlotte tees up a win with the Presidents Cup

Charlotte tees up a win with the Presidents Cup

2022-09-21T15:48:38-04:00September 21st, 2022|Charlotte, Economy, Sports|

 

Writer: Joshua Andino

2 min read  September 2022 With the sports economy across Charlotte well on its way to recovery, the region can tee up another success with the arrival of the Presidents Cup Golf tournament in the Queen City. 

The tournament’s events kicked off yesterday and will run until Sept. 25 as Charlotte’s Quail Hollow Club hosts the Cup for the first time. The tournament, which takes place every three years and began in 1994 at the Robert Trent Jones Golf Club in Prince William County, Virginia, pits 12 of the best U.S. golfers against a squad of 12 international players, with the games first five matches, out of a total of 30, starting on Thursday. 

While there has been some controversy over the event, with some of the best international players having been poached to play for the Saudi Arabian-financed LIV Golf, the tournament, which attracts hundreds of thousands of visitors, is nevertheless a win for the city. Over 200,000 visitors are expected to be in attendance for the numerous games and events, with many having arrived in Charlotte before the games and likely staying after the tournament’s conclusion – a benefit of the Presidents Cup starting just after Elton John’s Farewell Yellow Brick Road concert at the Bank of America Stadium and prior to the NFL’s Carolina Panthers home game against the New Orleans Saints. 

This year’s teams are comprised of Scottie Scheffler (No. 1 in the world), Patrick Cantlay (No. 4), Xander Schauffele (No. 5), Justin Thomas (No. 7), Collin Morikawa (No. 9), Sam Burns (No. 12), Jordan Spieth (No. 13), Tony Finau (No. 14), Billy Horschel (No. 15), Max Homa (No. 16), Cameron Young (No. 18) and Kevin Kisner (No. 25) for the United States.

On the International side, players include: Hideki Matsuyama (No. 17), Sungjae Im (No. 19), Joohyung “Tom” Kim (No. 22), Corey Conners (No. 26), Adam Scott (No. 30), K.H. Lee (No. 43), Mito Pereira (No. 49), Sebastian Munoz (No. 63), Cam Davis (No. 66), Christiaan Bezuidenhout (No. 67), Si Woo Kim (No. 76) and Taylor Pendrith (No. 109).

Hotels have charged upward of $600 a night, signifying a busy weekend of high demand and casting aside reservations of a sluggish pandemic recovery. The strength of demand has allowed some hotels, such as the Ballantyne Hotel, to institute five-night minimum stay requirements, with Christophe Le Chatton, general manager at the hotel, telling the Charlotte Business Journal that September was a strong month for the group.

The Presidents Cup has been held in a wide range of venues. Domestically, the Cup has made its way to states such as Virginia, Ohio, New Jersey and California, and internationally in Canada, South Korea, Australia and South Africa. Melbourne, Australia, hosted the tournament in 1998, 2011 and 2019, and has seen an estimated economic impact of about AU$121 million (US$80.7 million) over the course of the event, 

Overall, while the final economic impact from the tournament to Charlotte will only be calculated once the event has been concluded, local businesses are anticipating a “week’s worth of revenue in one day” as it progresses. Adam Murray, executive director of the Cup, told the Charlotte Observer, “It’s a presentation of the city on a global scale,” adding: “This is Charlotte’s opportunity to shine.”

A number of local businesses will be at the event, both as sponsors and providing confectionaries, with local favorites Cuzzo’s Cuisine, La Caseta, Sabor Latin Street Grill, The Goodyear House, Ace No. 3 Burgers, El Toro Bruto, Two Scoops Creamery, and What The Fries all in attendance and Atrium Health, Citi, Cognizant, Rolex and automobile brand Genesis sponsoring the event.

For more information, visit: 

https://www.presidentscup.com/ 

https://www.crva.com/

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