I mentioned earlier today that RT Rybak claimed at last night’s Vikings stadium forum at Nokomis Community Center that 10% of downtown hotel revenue is attributable to Vikings games. As I mentioned in my previous post, that seems hard to believe, considering that they only run their business 10 days per year while there are people in town visiting businesses, going to conventions, and vacationing in Minneapolis 365 days per year.
A Deets reader decided to look into this and sent in the following analysis of that claim:
If by some miracle, each Viking fan that stayed in a hotel room had their own room, then 27% of all fans would have to be staying in a hotel for a night over the 10 games of the season and preseason.
Since double occupancy (at the bare minimum) is likely the norm, bump that number to 54%.
No chance. None.
No chance? None?
What if we also account for people who come to town for games and stay with friends and/or relatives?
What is we also account for people who stay at cheaper hotels in the outer suburbs rather than staying in downtown Minneapolis?
What is we also account for people who stay near the Mall of America then take the back LRT train to downtown for games?
The problem here is that Rybak doesn’t really believe that figure either. Yet, he’s been repeating it to help sell the stadium to people who may mistakenly take him at his word on this issue.
Additionally, whatever benefits the Vikings do contribute to the local hospitality industry already exist. We have an NFL stadium downtown. It’s paid for. We don’t need to heavily tax the hospitality industry in order to build it because it’s already built, has a new roof, and a new field.