General Discussion Triathlon Talk » Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels Rss Feed  
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2012-02-21 11:04 AM

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Subject: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
Triathlon events draw competitors with a household income of about $100,000, most of whom seek inexpensive hotel rooms while taking part, a survey said.

While participation in the sport, which involves swimming, biking and running, draws high-earning, college-educated athletes and has grown more than six-fold in the U.S. since its debut in the 2000 Olympics, the top issue facing competitors is rising costs, according to the study released yesterday by the Active Network Inc. and Triathlon America.



http://www.bloomberg.com/news/2012-02-20/triathlon-study-shows-athl...


2012-02-21 11:10 AM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

I'm just as happy to camp out when traveling to an event that requires an overnight stay.  Frugal is the word.....

Cool

2012-02-21 11:14 AM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
Might have something to do with the high-end host hotels selling out almost immediately the year before the event.

Edited by spudone 2012-02-21 11:15 AM
2012-02-21 11:17 AM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
How does one spend $164 annually on wetsuits but only $95 on running shoes?  I would think it would be reversed.
2012-02-21 11:18 AM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

I like to save as much as possible for hotels, so I can buy more cool Tri stuff that I will never use, and does not really make me faster, but have fun enjoying the whole process. Wink  but that is just me...

 

2012-02-21 11:19 AM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

Hey, I'm not too shy to admit that a hotel is for the three S-es and nothing more.  That said, why should I pay 3 bills for the Waldorf, when the 150 a nite Comfort Inn is right down the street.

Not to mention the fact that the more you pay for a hotel the less you get.  Free internet, and free breakfast saves you a bunch as well.



2012-02-21 11:21 AM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

axteraa - 2012-02-21 12:17 PM How does one spend $164 annually on wetsuits but only $95 on running shoes?  I would think it would be reversed.

Yea that's gotta be wrong some how.  I buy at least 2 usually 3 pairs of shoes a year, at about 80-90 bucks a pop.

2012-02-21 11:26 AM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

I would say I am not too surprised by this. As an active crowd you would think most tri-peeps want to be out and about so whats the point of paying for a highend place that you will only spend the night in?

If I am going for a race it budget for me. If I go with the family for a vacation then the resort and nicer hotel it is. Just some perspective

2012-02-21 11:29 AM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".
2012-02-21 11:31 AM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

Tom Demerly. - 2012-02-21 11:29 AM I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

Then I want 33 years of back pay. 

2012-02-21 11:33 AM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

Tom Demerly. - 2012-02-21 11:29 AM I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

 

I would absolutely agree with that.



2012-02-21 11:40 AM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

Tom Demerly. - 2012-02-21 11:29 AM I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

Perhaps not the minimum, but the living wage.

2012-02-21 11:43 AM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
Musicodm - 2012-02-21 11:33 AM

Tom Demerly. - 2012-02-21 11:29 AM I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

 

I would absolutely agree with that.



+1, You would be surprised how 100k/yr, or even 150k/yr, far it doesn't get you in some areas of the country. As far as the OP....it's a race, not a vacation. I'm looking for function, not necessarily something extraordinary. Most times I get there the day before, check into hotel, go to race checkin, go back to hotel to go to sleep, wake up and check out to go to the race. Why would one pay for a luxury hotel for that?

Edited by Meulen 2012-02-21 11:43 AM
2012-02-21 11:44 AM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
One of the reasons a lot of triathletes can afford neat toys to participate in is they don't splurge on stuff when they do not need to, such as hotel rooms.

Is that so difficult to figure out?

2012-02-21 11:45 AM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
I like staying in cheesy hotels.
2012-02-21 11:49 AM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

DanielG - 2012-02-21 12:44 PM One of the reasons a lot of triathletes can afford neat toys to participate in is they don't splurge on stuff when they do not need to, such as hotel rooms. Is that so difficult to figure out?

I wondered how this was news or why there was a study in the first place. It really is a no brainer; save money where you can so you can spend it where you want. 



2012-02-21 11:55 AM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
Meulen - 2012-02-21 11:43 AM

Musicodm - 2012-02-21 11:33 AM

Tom Demerly. - 2012-02-21 11:29 AM I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

 

I would absolutely agree with that.



+1, You would be surprised how 100k/yr, or even 150k/yr, far it doesn't get you in some areas of the country. As far as the OP....it's a race, not a vacation. I'm looking for function, not necessarily something extraordinary. Most times I get there the day before, check into hotel, go to race checkin, go back to hotel to go to sleep, wake up and check out to go to the race. Why would one pay for a luxury hotel for that?


I just posted it. Did not say whether I agree or disagree with the article.
2012-02-21 11:55 AM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
It might also have something to do with the entry fees for the event.
2012-02-21 12:03 PM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
I went super-cheap for a hotel for a race last year, and paid dearly.  There were crazy noises coming from various machinery, pipes, and the Indian women who worked the lat shift at check in desk.  They seemed to be having a great night, btw.  The bed sunk in the middle, so I had to sleep in the shape of an L on my side close to the edge of the bed to keep my back straight. This year I'm aiming for mid-tier.
2012-02-21 12:06 PM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
mrbbrad - 2012-02-21 12:49 PM

DanielG - 2012-02-21 12:44 PM One of the reasons a lot of triathletes can afford neat toys to participate in is they don't splurge on stuff when they do not need to, such as hotel rooms. Is that so difficult to figure out?

I wondered how this was news or why there was a study in the first place. It really is a no brainer; save money where you can so you can spend it where you want. 

Business group looking for data to show communities that hosting a triathlon is good for the local economy.

2012-02-21 12:10 PM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
Meulen - 2012-02-21 12:43 PM
Musicodm - 2012-02-21 11:33 AM

Tom Demerly. - 2012-02-21 11:29 AM I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

 

I would absolutely agree with that.

+1, You would be surprised how 100k/yr, or even 150k/yr, far it doesn't get you in some areas of the country. As far as the OP....it's a race, not a vacation. I'm looking for function, not necessarily something extraordinary. Most times I get there the day before, check into hotel, go to race checkin, go back to hotel to go to sleep, wake up and check out to go to the race. Why would one pay for a luxury hotel for that?

I remember sitting in my neighbor's yard in North Central NJ and listening to them say how hard it is to make ends meet on $200k a year. Your expenses always rise to meet your income.

Regarding the thread, as long as it's clean and there is a post-race bar nearby, I'm cool. Not like I'm spending time in the hotel anyway.



2012-02-21 12:17 PM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
BrianRunsPhilly - 2012-02-21 1:10 PM
Meulen - 2012-02-21 12:43 PM
Musicodm - 2012-02-21 11:33 AM

Tom Demerly. - 2012-02-21 11:29 AM I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

 

I would absolutely agree with that.

+1, You would be surprised how 100k/yr, or even 150k/yr, far it doesn't get you in some areas of the country. As far as the OP....it's a race, not a vacation. I'm looking for function, not necessarily something extraordinary. Most times I get there the day before, check into hotel, go to race checkin, go back to hotel to go to sleep, wake up and check out to go to the race. Why would one pay for a luxury hotel for that?

I remember sitting in my neighbor's yard in North Central NJ and listening to them say how hard it is to make ends meet on $200k a year. Your expenses always rise to meet your income.

Regarding the thread, as long as it's clean and there is a post-race bar nearby, I'm cool. Not like I'm spending time in the hotel anyway.

This. 

I can do great things for well below that.

I rent my own house, I support myself and my dog, I've paid off my car, I travel a fair amount, I race tris, I occasionally buy myself something, I'm active, I've got a good savings account and a great retirement account...

I wholeheartedly disagree that $100k is "the new minimum wage".



Edited by ratherbeswimming 2012-02-21 12:17 PM
2012-02-21 12:17 PM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

Tom Demerly. - 2012-02-21 12:29 PM I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

 

yeah! junk be expensive

2012-02-21 12:20 PM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

FuryUs - 2012-02-21 9:40 AM

Tom Demerly. - 2012-02-21 11:29 AM I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

Perhaps not the minimum, but the living wage.

 

I don't make anything close to $100k a year and I'm living just fine. My bike only cost me $1,500.00, I buy all of my tri clothes off of the clearance rack, (In fact, I don't think I've ever bought one tri related item without a discount being attached to it.)  and if I'm traveling for a race I make sure I have a place to stay...If that's not possible I either won't do the race or I'll stay in the cheapest place I can find with a bed. I'm lucky to live in AZ where there are races all over the place that are driving distance away so travel costs are not usually an issue. I dropped a huge chunk of change on IMAZ that I may have had to pass on if I also had to pay for airfare, lodging, etc, but I'm certainly living...

2012-02-21 12:22 PM
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Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

We avoid budget hotels when we travel to tris. Sometimes we have very few choices as many tris are in more rural areas without a lot of hotels near by.

Wonder what their definition of inexpensive hotel is?

If you are spending 1 night in a hotel arriving the night before the race, checking out early before the race, how much time will you be in a room? Longer race with a longer drive sometimes warrants a 2 night stay.

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