Did You Know?
Economic Impact of Horse Park on
Rockingham County, N.C.


Equestrian Center Projections

·
 $15 million direct economic impact
·
 $45 million indirect impact

 

A&T Partnership
·
 Opens up new funding sources for both partners
· HPOS site within 25 miles of A & T campus
· Natural laboratory for advanced studies in animal sciences
· Provides “hands On” educational opportunities
·
 Allows A&T to host local and regional competitions 

 

Economic Impact:  Lodging

· Hotel stays will increase in both Reidsville and Eden

· 50% who come stay in hotels, 50% in their campers

· 105,000 hotel nights created annually by HPOS

· 3-night stay per event per participant and companions

· 105,000 hotel nights

· 683 hotel beds currently available in Rockingham County

· Show staff alone fill one medium sized hotel (70 persons)

· Assuming $90 average per night = $945,000 per year

  

 

 

Economic Impact:  Food

· 9 – 12 meals per event per participant

· Most shows cater meals

· One lunch meal per day

· One major dinner event per show

· Potential revenue:  $900,000 per year

· $700 per lunch per day

· $5-7,000 for large dinner event

 

Economic Impact: Farms

· Tobacco decline

· Need diversification of crops and agricultural activities

· Preservation Of Farms, Open Space

 

Economic Impact:  Farm Supply Stores

· Animal feed and supplies ordered locally

· $5,000 per show

· $675,000 revenue annually

· Local feed businesses could expand to meet demand