Page 1 of 2 1 2 LastLast
Results 1 to 10 of 18
  1. #1
    ABBOTT's Avatar
    Join Date
    Jul 2005
    Location
    Birmingham, AL / Lay Lake
    Posts
    3,736
    +1
    96

    Economic Impact Of a Few Jet Ski's Over 3 Days.

    Food For Thought Here..

    Will Morgan City be happy to have us all back in town???????

    __________________________________________________ ______________

    Here is something to think about ......................the ECONOMIC IMPACT

    For example...say 250 ski's come (that's roughly 300 people including children). Everyone will need to eat for 2 days.

    Say everyone eats at the hotel for breakfast for 2 days but then buys lunch and dinner elsewhere. Lets say that they spend 20 bucks a head between lunch and dinner for 3 days.

    20 bucks X 300 People = 6,000.00 bucks

    Times 3 days = 18,000.00 bucks on food/beverage alone.

    Hotel Rooms = Lets say 200 rooms are taken for three nights (some will stay with others in the same room) at 60 bucks a room....

    200 X 60 = 12,000.00 Bucks per night

    Times 3 Nights (Thurs/Fri/Sat) = 36,000.00 bucks in hotel revenue alone.

    Now for another big number...GASOLINE for ski's & vehichles!!!

    lets say 250 ski's come and all have an average tank capacity of 12 gallons just for example's sake. Each of those ski's will burn at least 3 tanks of fuel while in Morgan City.

    So 250 X 12 Gallons = 3000 Gallons X 3 Fills = 9,000 Gallons of Fuel.

    I think its safe to say that 80% of that 9,000 gallon figure is going to be 93 Octane.
    So 7,200 gallons of 93 octane at say 2.25/ gallon = 16,200.00 bucks in 93oct.
    Rest of the 1,800 gallons for stock skis @ say 2.05/gallon = 3,690.00 bucks in 87oct.

    Now lets say there is 180 vehichles that show up and fill their tanks up only one time (either while in town or on their way home Sunday). Most will be trucks and most will be 87 octane. But lets say each truck has an 18 gallon tank (some will be less and some will be more). Lets just use 18.

    180 Vehichles Fill up with 18 gallons only once while in town = 3,240 gallons

    3,240 Gallons of 87 octane at say 2.05/gallon = 6,642.00 Bucks for vehichle Gas

    Now for the alcohol: Lord i have no idea what people wll spend on this. Lets say 50 people drink at least a 6-pack each day (very conservative number too). A six pack in Morgan City may cost lets say 6.00 dollars.

    50 x 6.00 = 300.00 bucks X 3 days = 900.00 Bucks in Beer.

    Lets say only 25 people buy a fith of whisky or something similar at 30 bucks a pop during the entire stay.

    25 x 30.00 = 750.00 Bucks In Liquor


    So total truck / car gas fills = 6,642.00
    Total PWC Gas Fills = 19,890.00
    Total Hotel Revenue = 36,000.00
    Food / Beverage = 18,000.00
    Beer Alone = 900.00
    Liquor Alone = 750.00


    Grand Total = 82,182 Average Economic Impact In Morgan City. We could probably just say 100,000 dollar impact because i used very conservative numbers and more people may show up than the figures that i used too.

    So.............Yes i think Morgan City will be happy to have us all back in town for a few days!!!
    Last edited by ABBOTT; 02-17-2007 at 05:45 PM.


  2. #2
    My son (mohawk man) jeffsntx's Avatar
    Join Date
    Sep 2006
    Location
    Belton TX
    Posts
    2,598
    +1
    1
    John, where do you find the hours in the day to do all of these extracaricular activities??

    Between work, wife, 8 month old baby, Project ski, and house work, I hardly have time to do anything.

  3. #3
    FIRED!!! JP's Avatar
    Join Date
    Dec 2006
    Location
    Fort Lauderdale, FLORIDA baby...
    Posts
    3,505
    Hey Abbott:
    Something didn't look right, you have 1 too many zeros on the Hotel number, should be $36,000.00, not $360,000.00. but the group rate is $75.00, not $60.00
    so 200 rooms x $75.00/night x 3 nights = $45,000.00
    and don't forget the 10% for local hotel tax: $4500.00
    JP

  4. #4
    Nothin' runs like a Deere IowanGPR's Avatar
    Join Date
    Sep 2006
    Location
    Waterloo, IA
    Posts
    1,608
    heh. wish you were doing my paychecks.

  5. #5

    Join Date
    Jul 2005
    Location
    Central North Carolina
    Posts
    3,847
    +1
    528

    Talking

    50 x 6.00 = 300.00 bucks X 3 days = 900.00 Bucks in Beer.

    John thats a low number heck Barry spent that much on beer him self while there, Ha, Ha, Ha

  6. #6
    mjammer's Avatar
    Join Date
    Nov 2005
    Location
    Ft. Wayne, IN
    Posts
    359
    Yeah, these little gatherings like Mudbug and Norris have a huge bump in income. We did similar math at Norris last year and were having a huge impact, especially seeing it was off season still. Every time a batch of 20 skis on a cruise pulled into a marina, it was about a $1000 impact between fuel and snacks. We emptied one places tank, LOL!

  7. #7
    ABBOTT's Avatar
    Join Date
    Jul 2005
    Location
    Birmingham, AL / Lay Lake
    Posts
    3,736
    +1
    96
    uhhhhhhhhhhhhhhh...................oops i have a small calculator. Guess my fingers are too big and i got carried away. I will fix that!!!
    Last edited by ABBOTT; 02-17-2007 at 05:45 PM.

  8. #8
    I've been to 1 night house parties that spent more than $900 in alcohol. you can at least multiply that x4 and still probably be conservative.
    Also keep in mind the fuel prices are always higher in the summer. I would guess $3 min for 93 oct in june. At any rate your right. Nice boost in economy for what I gather is a small town.

  9. #9
    Moderator The Bandit's Avatar
    Join Date
    Jul 2006
    Location
    Wilmette, IL
    Posts
    8,373
    And after everyone gives me a dollar each...

  10. #10
    OLD # 7 IEGPR's Avatar
    Join Date
    Dec 2006
    Location
    Rialto CA
    Posts
    964
    +1
    6
    You know, someone might want to let the hot spots for gas and food know whats about to happen. I went to a flat bottom event once and the local pump ran out of fule!!

Page 1 of 2 1 2 LastLast

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Thinking of turboing my jet ski at some point..
    By wcmateiuc in forum 4-Tec Performance
    Replies: 11
    Last Post: 01-24-2012, 08:06 PM
  2. John Zigler of Rock County Jet Ski acquires Watcon.com
    By krispaintballz in forum Yamaha Open Discussion
    Replies: 2
    Last Post: 11-28-2011, 11:52 AM
  3. The 2011 Triple Crown of Offshore (TCO) Jet Ski / PWC Racing dates!
    By Socaloffshore in forum Race Events and News
    Replies: 4
    Last Post: 04-25-2011, 12:23 PM
  4. Replies: 52
    Last Post: 12-22-2010, 03:44 AM
  5. Long term effects of beaching a Jet ski
    By Saltwater n Premix in forum Kawasaki Open Discussion
    Replies: 8
    Last Post: 09-10-2010, 11:05 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •