NCAA Tournament fans to boost local revenue

Estimated $7.7 million in visitor spending expected

Fans from all over the country are arriving in San Antonio for the second round of the NCAA men's basketball tournament.

On Friday and Sunday, eight different teams will battle it out at the AT&T Center: Baylor, Nebraska, Louisiana LaFayette, Creighton, North Carolina, Iowa Sate, Providence and North Carolina Central.  

All of the out of town fans will bring a big boost to the local economy.

Mike Botti and his son, Mike Botti Jr., said their expenses will include food, golf, merchandise and a hotel stay, which could total at least a couple of thousand dollars.

That kind of spending adds up.

According to San Antonio Sports, a local study of direct visitor spending showed an estimated $7.7 million in revenue.

Many hotels are fully booked and restaurants are expected to be packed.

"I look forward to a real good time and I look forward to the money coming into San Antonio," said Menger Hotel General Manager Ernesto Malacara.

"(It will be) great for business. (I'm) looking forward to it," said Palm Restaurant General Manager Jon Edwards.

This is the first time the city has hosted the first big round of the NCAA basketball tournament and the first time hosting this many teams.

For a list of recent stories Eileen Gonzales has done, click here.

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