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If You Rebuild It, Will They Come? The Impact of Renovated Sports Facilities on Total Revenue and Attendance
Journal of Sport Management ( IF 3.5 ) Pub Date : 2022-11-15 , DOI: 10.1123/jsm.2022-0101
Brian P. Soebbing 1 , Chad S. Seifried 2 , Patrick Tutka 3
Affiliation  

The novelty effect has a long history in sport facility research with most research examining new facility construction. The present study explores the impact of renovated facilities, specifically the novelty effect, as it pertains to revenue and secondarily attendance. Within, we also explore four different renovation types as classified by the U.S. National Registry of Historic Places to look at any individual impact or revelation using institutions participating in the National Collegiate Athletic Association Division I Football Bowl Subdivision. Results from ordinary least squares and Tobit estimations from a sample period covering 1993 through 2017 conclude a novelty effect associated with renovations does exist for attendance. However, the effect is shorter in duration and delayed by a few seasons based upon the type of renovation. As for revenues, we find some positive impact on revenues. Those impacts are delayed are on based on certain types of renovation.



中文翻译:

如果你重建它,他们会来吗?翻新体育设施对总收入和出勤率的影响

新颖性效应在体育设施研究中有着悠久的历史,大多数研究都是针对新设施建设的。本研究探讨了翻新设施的影响,特别是新奇效应,因为它与收入和二次出勤有关。在其中,我们还探索了美国国家历史名胜登记处分类的四种不同的翻新类型,以查看使用参与美国大学体育协会一级足球碗分区的机构的任何个人影响或启示。从 1993 年到 2017 年的样本期间,普通最小二乘法和 Tobit 估计的结果得出结论,与翻新相关的新颖性效应确实存在于出勤率。然而,效果持续时间较短,并根据装修类型延迟几个季节。至于收入,我们发现对收入有一些积极影响。这些影响的延迟是基于某些类型的翻新。

更新日期:2022-11-15
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