Local

2018 CIAA tournament brought $50 million to Charlotte economy

CHARLOTTE, N.C. — This year's CIAA basketball tournament had an impact of more than $50 million on Charlotte's economy.

The Charlotte Regional Visitors Association said that came from money spent directly on hotels, food and shopping.

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It also includes money that businesses spent on advertising and marketing.

This year’s financial impact was 6 1/2 percent higher than the impact last year.

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