HSA November 21
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If the Arena expansion does not proceed, Adelaide<br />
is going to increasingly miss out on more concert<br />
tours, the bigger business events and yes some<br />
outstanding professional sporting opportunities.<br />
That’s the harsh reality.<br />
“The value of national<br />
and international<br />
business events, cultural<br />
and entertainment and<br />
sporting events<br />
is a simple equation.”<br />
The value of national and international business events,<br />
cultural and entertainment and sporting events is a<br />
simple equation. It’s measured in greatly increased<br />
bed nights, further investment in infrastructure, greater<br />
appeal of Adelaide and South Australia as a state to<br />
invest and significant additional and permanent jobs.<br />
It’s a no-brainer.<br />
Can we afford an expanded convention, entertainment,<br />
and sporting facility with our health system under such<br />
pressure?<br />
Well of course we can and must.<br />
The cost of the Arena is spread over a number of<br />
years, there will be the sale of the Port Road site and<br />
importantly the total Convention facility on the riverbank<br />
will generate significant additional annual value of<br />
around $69 million to South Australian economy when<br />
operational. Then there is the additional revenue from<br />
additional bed nights, tours, transport, and hospitality<br />
shared by a multitude of SA based services and<br />
suppliers.<br />
The Arena is much more than a basketball court - it’s<br />
a crucial piece of infrastructure ensuring the Adelaide<br />
Convention Centre complex continues to maintain<br />
and create business activity and opportunity and so<br />
importantly additional tourism, entertainment, and<br />
business events revenue for the State Government<br />
and the tourism and hospitality industry and of course<br />
many more jobs well into the future!<br />
It’s a no-brainer!<br />
Ian Horne, AHA|SA General Manager<br />
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