WHY OBSE?  Success of Marathon  Prime Location for Sporting Events  Outside Interest  Keep it “Local”  Support Local Charities.

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Presentation transcript:

WHY OBSE?  Success of Marathon  Prime Location for Sporting Events  Outside Interest  Keep it “Local”  Support Local Charities

OBSE Mission The mission of the OBSE is to organize and promote sporting events and competition, healthy living lifestyles, provide financial resources for needed relief and support for education while contributing to the economic impact for the Outer Banks of North Carolina. ~OBSE is a non-profit organization.~

Economic Impact  Shoulder Season Events  Large numbers of participants  Expose new visitors to the Outer Banks  Job Creation  Spending $$ Locally

The Gateway Bank Outer Banks Marathon and OBSE events have generated approximately $25.6 Million Dollars in Local Economic Impact over the past 6 years.

2012 Projected Total Economic Impact Based on 10,000 estimated total OBSE event participants and their guests. $10,060,000

2011 Nags Head Economic Impact From All Events Registration data indicated: Average # of Nights participants stayed - 2 nights Average # of guests brought with them guests Total number of Hotels booked 869 Total number of Rental Houses booked 514

OBVB Projected Economic Impact Formula: Per Night- Hotel $85 Rental House $525 Total Hotel Revenue $147,730 Total Rental Home Revenue + $539,700 Total $687, Participants indicated staying in Nags Head Amount spent daily per person $75 Average of 3.5 people staying 2 days Total $1,115,625

Total 2011 Estimated Economic Impact for Nags Head $1,115,625 Per Diem + $687,430 Accommodations $1,803,055 Total Economic Impact Based on % of share in 2011 alone, NH received an estimated $10,700 in occupancy tax from the County.

More Local Impact 100% of net proceeds split 50/50  The Dare Education Foundation  The Outer Banks Relief Foundation

Featured Events  Flying Pirate Half Marathon and First Flight 5K April 21-22, 2012  Outer Banks Triathlon Series Sept , 2012  Outer Banks Marathon, Half, 8K, 5K and Fun Run Nov , 2012

Healthy Kids initiative  Organize and promote healthy kids programs  Partner with local groups  GOFAR kids running program  Healthy Carolinians Fun Run  Outer Banks Running Club  Supports student volunteer groups with small donations

New for 2012  April 21, 2012  Location KDH Lifesaving Station Beach Access  Adventure 5k and Family Fun Run  Team oriented, family friendly with a variety of challenges  Meets the market demand for new, diverse activities

Questions? Lynda Wood or Jim Snyder 2004 S. Croatan Hwy Suite 15 & 16 Nags Head, N.C PLEASE CONTACT US IF YOU HAVE ANY QUESTIONS