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Will Greensboro's City Council accept the "Economic Impact" memo from the GACVB at face value, or actually ask some relevant questions to determine if the numbers are over inflated?

Your weekly report from the City Manager includes an economic impact estimate for the Coliseum Complex (including the swimming hole) that puts a multiplier on 68K hotel room-nights said to be filled by Coliseum events thus far in the fiscal year and comes out to $116 million. Ed Cone Their numbers are VERY inflated, by possibly as much as 100%. Part of hosting an event includes securing "special" rates for housing. These folks are not staying at the O'Henry. $114 for Day Trippers? Don Moore I doubt the numbers are...

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Published By: TriadWatch - Sunday, 13 May, 2012