What impact will the Headquarters Hotel have on the Portland Regional Economy?
According to a separate ECONorthwest June 2006 economic impact study, the economic impact of a 600-room HQ Hotel in Portland would be: • $49 million estimated annual new expenditures by delegates, organizers and exhibitors • $104 million in annual business sales; $1.4 billion over 20 years (NPV)* • $41 million annual personal income; $580 million over 20 years (NPV) • Approximately 1,500 new jobs created * NPV = Net Present Value