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The few days leading up to Super Bowl LVII, which is just three days away, might be very lucrative for Arizona. The Super Bowl, the most prominent American sporting event of the year, generates enormous economic benefits for the region staging it.
Although there are costs associated with hosting the Super Bowl, the state is anticipated to receive several hundred million dollars as a result. Local companies benefit from such an investment.
For instance, the Super Bowl last year helped Los Angeles to the tune of $477 million. Additionally, Super Bowls have had a significant positive impact on Arizona's economy in the past. The Arizona Chamber of Commerce and Industry reported that Super Bowl XLIX in 2015 brought in about $720 million. That figure could rise to $1 billion this year.
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The amount of revenue the state will receive during Super Bowl week is becoming more evident. Travelers should be prepared to spend a lot of money while visiting Arizona, whether it be on pricy hotel accommodations or eating out.
According to Kim Grace Sabow, president and CEO of the Arizona Lodging and Tourism Association, numerous hotels have been fully booked for weeks. A few expected traits, including price rise, manifest themselves in the short-term rental market when a significant tournament is in sight. As short-term rental operators boost their prices to keep up with demand, stocks around the event usually begin to rise too.
Additionally, the event gives the area a chance to highlight its culture and initiatives. The Super Bowl Host Committee has a remarkable and extensive strategy for promoting environmentalism, including trash minimization and food and material restoration.
Arizona has a great chance to establish itself as a top international business and recreation location for visitors before and after Super Bowl LVII. The region stands to profit significantly.
How much are ticket prices for Super Bowl LVII?
A Super Bowl ticket in Glendale, Arizona, part of the wider Phoenix area, is approximately $9,000 on average.
Considering that only a limited number of spectators can go inside the arena, the most-watched programme on U.S. TV naturally results in irrational costs for tickets. Costs also increase if people are eager to pay top bucks for an elite game.
Super Bowl tickets are never modest. That's because you get a ticket to the most famous American sports game of the year. This time, you will get to watch Rihanna's Halftime Show live.
