Will U2′s Economic Impact Pave the Way for More Big Events in Baltimore?

Morris Segall      Baltimore Ravens, Concerts, NFL, Promoters, Regional Economic Impact, Tourism, U2

Irish rock group U2’s recent concert in Baltimore provided a huge economic bump for the city and surrounding areas as hotels, bars, and restaurants were filled with more than 75,000 concert-goers. Are more major concerts like this in store for the area as tourism officials, promoters, and retailers recognize the financial shot-in-the arm they potentially can provide? And would major concert attractions help to offset the $40 million hit the region would take if the NFL were to cancel the upcoming season?

Morris Segall, President of SPG Trend Advisors, discusses the economic impact of U2 and the potential for similar concerts in the future with area media:

http://www.abc2news.com/dpp/news/region/baltimore_city/avoiding-the-traffic-jam-on-the-way-to-the-u2-concert-in-baltimore

http://baltimore.cbslocal.com/2011/06/21/final-preparations-underway-for-u2-concert-in-baltimore/