Upcoming PGA events at Valhalla will pump millions into local economy

By Elizabeth Donatelli - bio | email
Posted By Mike Dever - email

LOUISVILLE, KY (WAVE) - Louisville's Valhalla Golf Course has been chosen to host two more PGA championship tournaments. Louisville will host the championship in 2014 and the senior PGA in 2011. and when golfers come to town so do their fans. That means big money for the city and state's economy.

Valhalla hosted the Ryder Cup in 2008, and city officials estimate it pumped in $115 million into the local economy. While the upcoming events are somewhat smaller, their economic impact is significant nonetheless.

When the PGA championship was in Louisville in 2000, it had an estimated economic impact of $40 million. That means lots of people in our area spending lots of money.

PGA of America President Jim Remy says "significant millions of dollars will be brought into the community from these championships."

Many of those dollars will be headed to local minority-owned and women-owned businesses.

PGA of America CEO Joe Steranka has promised "a big commitment on the business to business side, as well as the business to consumer side, which is several million dollars every year."

The PGA championship requires staffing for 40,000 people and the goods and services they need.

Research shows there will be many out of town guests, but more local interest than you might expect. "We would get a bigger regional crowd here in Louisville," Steranka said, "than maybe in other sites."

A lot of people are wondering about tickets and corporate hospitality tents, but no information is available yet. PGA officials invite you to continue checking their website at www.pga.com.

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