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Press Release - Miami Marathon - 1/3/17

FOR IMMEDIATE RELEASE

    MIAMI MARATHON GENERATES $52 MILLION FOR MIAMI-DADE COUNTY ECONOMY
    
    Estimated 25,000 runners from all 50 states and 81 Countries drive
                 residual benefit for local community

MIAMI, FL - The Miami Marathon and Half Marathon, South Florida's elite 
endurance test which is celebrating its 15th Anniversary on January 29, 
2017, generates more than $52 million for the South Florida economy each 
year in the form of food & beverage, lodging, retail shopping, local 
transportation, tourist attractions, other entertainment, race fees, and 
miscellaneous expenses.

As South Florida's premier running event and one of the top events in the 
Southeast, the Miami Marathon and Half Marathondraws about 25,000 
participants from all parts of the world.  The three-day weekend event 
features races including a 5K, half marathon, and marathon. It also 
includes one of the largest health and fitness expos in the region drawing 
more than 40,000 visitors and participants for the two days leading up to 
the race.  

The International growth of the race was evidenced in 2016 by more than 
6,000 runners representing more than 81 countries. Colombia sent nearly 
1,000 runners. There were more than 500 Mexicans and large contingents from 
Guatemala, Costa Rica, Canada and Brazil. Similar groups are registered for 
the 2017 race.

Another large segment of the participants each year represent all 50 
states. These out of town visitors arrive with approximately 7,700 support 
spectators, according to an economic impact study by the Temple University 
Sport Industry Research Center.

"The Miami Marathon And Half Marathon continues to be one of Miami's top 
tourism events for Latin American and Caribbean tourists," said Race 
Director Frankie Ruiz.. "We continue to work closely with our corporate 
partners to attract the International traveler in order to further cement 
the Miami Marathon's reputation as the leading running event of the 
Americas.

"Colombia runs Miami. Mexico runs Miami. Canada runs Miami. That is an 
experience we will continue to emphasize."

The 2016 edition of the Miami Marathon and Half Marathon generated 11,047 
hotel nights in the local area. Just under half of the non-local 
participants stayed in a hotel, with the Hilton Miami Downtown capturing 8% 
of that business. 

The economic impact study also found that 61% of non-local participants 
traveled to Miami by air, with 33% of them utilizing American Airlines. 
Fifty-five percent of those runners said they planned to return to Miami 
for a vacation within 12 months.

The average individual expenditure for non-local domestic participants was 
$814.33. The average individual expenditure for international participants 
was $2,501.98. 

Overall, participants reported being very satisfied with their sport and 
travel experience in Miami, with the event itself receiving high praise for 
its organization and execution.

About the Miami Marathon
The Miami Marathon is Florida's elite distance race with 25,000 runners 
representing all 50 states and more than 80 countries converging on Miami 
and South Beach to experience one of the most unique courses in the world. 
The race has come a long way since 3,400 runners participated in the first 
Miami Marathon in 2003. Participants include elite runners, top age-group 
competitors, and many thousands who run for charity and to achieve their 
own personal goals. Together they enjoy the tropical views and the sounds 
of South Florida, with a diverse array of entertainment blended into the 
experience, and generate more than $50 million in total economic impact for 
the city of Miami and Miami-Dade County.

About Life TimeSM, The Healthy Way of Life Company
Life Time is a privately held, comprehensive healthy living, healthy aging 
and healthy entertainment lifestyle company that offers a personalized and 
scientific approach to long-term health and wellness. Through its portfolio 
of distinctive resort-like destinations, athletic events and corporate 
health services, the Healthy Way of Life Company helps members achieve 
their goals everyday with the support of a team of dedicated professionals 
and an array of proprietary health assessments. As of January 2017, the 
company operates 122 centers in 26 states and 36 major markets under the 
LIFE TIME FITNESS® and LIFE TIME ATHLETIC® brands in the United States and 
Canada. Additional information is available at www.lifetimefitness.com.

About Sport Industry Research Center (SIRC) 
The Sport Industry Research Center (SIRC) provides opportunities for 
academics, students, and practitioners to explore the potential of sport to 
impact the communities within which they exist. Through a series of 
initiatives, SIRC attempts to conduct and disseminate research, educate and 
train executives, and functions as a think tank and informational resource 
for those involved in the sport industry. Included amongst the initiatives 
that SIRC is involved in are: executive workshops, doctoral student 
training, community based programming, event management and program 
consulting, and academic dissemination of cutting-edge research and 
managerial best practices.

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