The youth travel sports industry is worth $17 billion. Dev Pathik, founder and CEO of Sports Facilities Advisory, breaks down how the facilities, hotel and tourism industries benefit from the growth of travel sports.

As a $17 billion industry, sports tourism is projected to hit $29 billion

Hoover’s Met Complex was projected to bring in about fourteen-million dollars in economic impact for the first eight months of this year – it more than doubled that, at thirty-one million.

The Sports Facilities Advisory (SFA) announced, today, that it is stepping into the center of new facility financing. With a new suite of finance support services, the 15-year youth sports facility planning company, is now poised to support hundreds of millions in developments in a wide variety of communities throughout the U.S.

The Sports Facilities Management (SFM) has recently announced the latest addition to their national network of successful entertainment, sports and events facilities. Opening in fall of 2019, Apex Sports & Events (APEX) will operate as a premiere sport, entertainment and tournament destination located in the city of Hillsborough, New Jersey.

Following a nation-wide search for a management firm, Elizabethtown Sports Park has selected Sports Facilities Management (SFM) to lead park operations in 2019 and beyond. Since opening to much anticipation in 2012, Elizabethtown Sports Park has been an important sports asset for tourism in Elizabethtown, Kentucky.

In the 2018 fiscal year, The Hoover Met Complex out-performed both projected economic impact numbers and budget allocations. The state-of-the-art facility, managed by Sports Facilities Management, created $14.86 million in total economic impact from out of town visitor spending and local events.

Following a formal procurement process that began in May 2018, The Village of Bedford Park, IL has selected Sports Facilities Management (SFM) to manage and operate their new sports tourism-focused facility in 2020 and beyond. SFM joins the team with Village leaders and Hunden Strategic Partners who have been in partnership for the development of Bedford Park near Chicago’s Midway Airport for several years.

The firms have joined forces to open a multi-purpose sports complex, summer of 2019. The facility is expected to be one of the most unique, state-of-the-art outdoor and indoor sports campuses on the eastern seaboard.

Fox Cities Champion Center, one of the newest, premium sports tourism venues in the nation, has hired a General Manager, Ken Weinaug (pronounced Wy-nog). Weinaug will work for Sports Facilities Management, the sports tourism and recreation management firm headquartered in Clearwater, FL, that will manage the Champion Center.