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Wimbledon Event Economics

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Submitted By tennisballer951
Words 494
Pages 2
James Bragg
1/23/11
Dr. Ahlseen
2010 Wimbledon Tennis Championship The Wimbledon Tennis Championship was from June 21 to July 4 2010. The capacity of the championship grounds is 38,500. (Wikipedia 1*) The actual attendance for the event was 489,946 for the 13 days the 2nd most of all time only beat by 2009. (Wimbledon 2*) It was held at the All England Lawn Tennis and Croquet Club in Wimbledon, London, United Kingdom. (Wimbledon 3*) Seating capacity for Centre Court was 15,000, for No. 1 Court was 11,000, and Court No. 2 was 4,000. (Wikipedia 6*)
The ticket prices for the court seats were: 1st Week: | Centre Court | No. 1 Court | No. 2 Court | Mon 21 June | £41 | £38 | £34 | Tue 22 June | £41 | £38 | £34 | Wed 23 June | £52 | £47 | £41 | Thu 24 June | £52 | £47 | £41 | Fri 25 June | £65 | £56 | £48 | Sat 26 June | £65 | £56 | £48 | Sun 27 June | No Play Scheduled | | | | | | 2nd Week: | Centre Court | No. 1 Court | No. 2 Court | | Mon 28 June | £74 | £63 | £52 | | Tue 29 June | £74 | £63 | £35 | | Wed 30 June | £85 | £72 | £32 | | Thu 1 July | £85* | £47 | ** | | Fri 2 July | £95* | £31 | ** | | Sat 3 July | £95* | £29 | ** | | Sun 4 July | £104* | £25 | ** | |
(Wimbledon 4*)

For grounds tickets they were: 1st Week: | Before 5:00pm | After 5:00pm | Monday to Saturday | £20 | £14 | | | | 2nd Week: | Before 5:00pm | After 5:00pm | Monday | £20 | £14 | Tuesday | £17 | £12 | Wednesday | £17 | £12 | Thursday | £16 | £12 | Friday & Saturday | £15 | £11 | Sunday | £8 | £5 | (Wimbledon 4*)
Using economic analysis the attendance was what 2nd best of all time because of the demand to see the world’s number one player at the time Roger Federer go for his 16th grand slam with a win at Wimbledon. The reason for the best attendance in history in 2009 was because Federer was at 15 Grand slam titles tied with Pete Sampras and everyone wanted to see that record broken. (Wikipedia 1*) I believe tickets sales should have stayed the same or have been lowered because with the attendance being the greatest in 2009 at the price for the men’s final of $150 (U.S) and $156 (U.S) for 2010 with a decline of attendance of 1000. (Tennistalk 5*) The Men’s final was sold out for Sunday July 4th. (Wimbledon-Experience 7*) There was no evidence or information about whether the tickets where scalped or if scalping occurred. (But if there was scalping that would assume that tickets prices were below market value and as the graph shows)

References
(http://en.wikipedia.org/wiki/2010_Wimbledon_Championships) 1*
(http://2011.wimbledon.com/en_GB/news/articles/2010-07-06/201007071278484605882.html) 2*
(http://www.wimbledon.com/visiting/getting-here) 3*
(http://aeltc2009.wimbledon.org/en_GB/about/tickets/tickets_prices.html) 4*
(http://www.tennistalk.com/en/news/20100630/Wimbledon_happily_raises_ticket_prices_again) 5*
(http://en.wikipedia.org/wiki/The_Championships,_Wimbledon) 6*
(http://wimbledon-experience.com/2011-tours/the-wimbledon-vip-tour/) 7*

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