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In the run-up to this year’s World Cup, the ongoing war in Iran has resulted in soaring inflation and high fuel prices, neither of which bodes well for tourism or event attendance. We are a professor of hospitality and tourism management and a professor in international sports management. We believe there is good reason for concern in the 11 World Cup host cities in the U.S.
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At soccer’s World Cup, the top scorer gets the “golden boot,” and the best goalkeeper is handed the “golden gloves.” This year’s tournament will also provide organizer FIFA with a golden opportunity to create billions in additional ticket revenues.
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Those ways could include steering more of the concession fee revenue back into each park.
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Former New Jersey Gov. Chris Christie accused Ron DeSantis of spending too much money, citing a 31% increase in Florida's now $116.5 billion budget. Hoever, Florida's tax revenue rose by about the same percentage.
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Inflation gets the credit as Florida’s general revenue substantially topped expectations in June and in the recently completed fiscal year.
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CEO Mark Zuckerberg says Meta will slow hiring and tighten its budget. Soaring inflation, interest rate hikes and other economic woes have affected the digital advertising the company depends on.
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Monthly revenues have repeatedly topped projections. During the first four months of 2022, collections exceeded expectations by $2.125 billion.
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In a proposal drawing heavy fire from local governments, a Senate committee Tuesday approved a measure that could lead to cities and counties facing lawsuits because of decisions that lead to reduced revenue or profits for businesses.
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The Legislature’s Office of Economic & Demographic Research on Friday reported April general-revenue collections came in $797.2 million above a projection for the month.
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Florida is hosting eight of the 38 postseason games in college football – more than any other state. This season’s games will bring football fans from 15…
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Florida lawmakers are doing something they haven't done in years: adding money to state programs.The recession sent the state into multi-billion-dollar…