Tag Archives: Jathan Segur

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Super Bowl pumps $719 million into Arizona’s economy

Super Bowl XLIX scored big for Arizona’s economy.

A study completed by the Seidman Research Institute, W.P. Carey School of Business at Arizona State University, determined that Super Bowl XLIX, the 2015 Pro Bowl and related events produced a gross economic impact of $719.4 million in the region. The announcement was made today at The Governor’s Conference on Tourism at the JW Camelback Inn in Scottsdale.

“As a proud Arizona Super Bowl Host Committee sponsor and one of the leading Arizona companies to step up and support this major event, it is gratifying to learn that Super Bowl XLIX had the largest economic impact of any special event ever held in the state”, says National Bank of Arizona Executive Vice President Jathan Segur.  “The momentum created by the events surrounding the Super Bowl have been tremendous … In addition to the numbers announced today, we have witnessed an increased interest in long-term economic development and investing in the growth of our state.”

This is the largest economic impact of any special event ever held in the state of Arizona, as well as the highest for any Super Bowl for which publicly released figures are available. By comparison, Super Bowl XLII played at University of Phoenix Stadium in 2008 generated a gross economic impact of $500.6 million (2008 dollars) based on research also conducted by the W.P. Carey School of Business.

“This is tremendous news for our economy and a strong testament to the exceptional work of everyone involved,” said Arizona Gov. Doug Ducey. “The eyes of the world were on Arizona, and we delivered in a big way. I look forward to our state hosting many more successful championship games and major events in the future.”

Commissioned by the Arizona Commerce Authority in partnership with the Arizona Super Bowl Host Committee, the study focused on the nine-day period from January 24th through February 1, 2015 coinciding with the Pro Bowl and Super Bowl which were played at University of Phoenix Stadium on January 25 and February 1, respectively.

The gross economic impact is defined as the direct amount of spending by visitors and organizations arriving from outside the state to participate in or create events directly related to the Super Bowl, as well as the indirect and induced impacts of those expenditures, often described as “ripple effects.” Resident and local business spending was not included.

To gather data about spending and duration of stay from visitors, on-site surveys were conducted at events around the Valley over the nine day period by teams of trained individuals from the W. P. Carey School of Business. Data was collected from out-of-town visitors who stated that the main reason for their visit to the Phoenix Metropolitan area was for the Super Bowl, Pro Bowl and/or associated events. The data was collected across multiple days at multiple sites to sample diverse socio-economic and demographic groups. 

The indirect and induced economic impacts were calculated using an IMPLAN (IMpact analysis for PLANning) model originally developed by the University of Minnesota. This commercially licensed linear input-output model is widely used for economic assessment throughout the United States and is populated with local, regional and state data for Arizona.

Other findings from the Seidman Research Institute at W.P. Carey School of Business report:

• An estimated 121,775 visitors came to Arizona for Super Bowl XLIX and/or the 2015 Pro Bowl; those visitors stayed an average of 3.99 nights.

• An estimated 5,033 out-of-town media members came to Arizona and stayed an average of 7.1 nights (up from 4.1 nights for Super Bowl XLII in 2008).

• The $719.4 million economic impact for Super Bowl XLIX represents an increase of 30.8% over Super Bowl XLII in Arizona (adjusted using the Bureau of Labor Statistics Consumer Price Index, or BLS CPI, inflation calculator which expressed that the 2008 economic impact dollars have the same buying power as $550.1 million in 2015).

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NB|AZ hosts 8th Annual Taste of the Biltmore

National Bank of Arizona (NB|AZ) announced its eighth annual Taste of the Biltmore event, which is scheduled for Thursday, Oct. 2 from 6 to 9 p.m. at the NB|AZ Biltmore Corporate Center. This highly anticipated kick-off to the fall social season will bring the best of the Biltmore community together to enjoy unlimited food and wine tasting from more than 20 local restaurants.

Participating restaurants include some of the Valley’s most recognized names: Donovan’s Steak & Chop House, The Capital Grille, Season’s 52, True Food Kitchen, Zinburger, The Adobe, amongst many others.

“NB|AZ Taste of the Biltmore is the perfect way to bring the community together to enjoy delicious cuisine, while giving back to the community,” said Jathan Segur, executive vice president and director of wealth strategies for NB|AZ. “Each year the attendance grows, allowing us to offer tremendous support to our designated beneficiary. This year we are pleased to contribute to Act One for a second year in a row.”

All proceeds from the event will benefit Act One, an organization that opens the doors to Arizona’s performing arts and cultural destinations through two special programs, field trips and Culture Passes. Through its field trip program, Act One provides transportation and resources to underserved public school children, enabling them to experience art and culture within their communities. The Act One Culture Pass program offers library cardholders complimentary admission or tickets for two people to a participating arts and culture venues.

“We are thrilled National Bank of Arizona has once again selected Act One as its beneficiary for Taste of the Biltmore,” said Megan Jefferies, executive director of Act One. “Thanks to NB|AZ, Act One will be able to provide arts education and experiences to students in the community who otherwise wouldn’t have access.”

Tickets are $45 per person or $350 for a group of 10 when purchased in advance online. Tickets also will be available for purchase for $60 each at the door. To purchase tickets or to learn more about the event, including a full list of participating restaurants, please visit www.tasteofthebiltmore.com. For more information about Act One, visit www.act1az.org

The NB|AZ Corporate Headquarters is located at 6001 N. 24th St. in Phoenix. Admission includes complimentary valet parking.

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Leadership Forum: ‘Eyes of the world will be on Arizona’

The partnership between Starbucks and Arizona State University stirs up the way people can pay for college, have a family, and work at the same time.

Today, the 2014 Arizona Leadership Forum started off with the main message of, “We need you to lead us,” specifically speaking to attending business leaders, innovators and entrepreneurs. For quite some time, people have had the wrong impression of Arizona, but that’s about to change.

“Soon the eyes of the world will be on Arizona,” said Jathan Segur, executive vice president of National Bank of Arizona, referring to the 2015 Super Bowl, which will be played at University of Phoenix Stadium. “We will have the chance to talk about what’s right about Arizona.”

Segur’s speech set the tone of hope and optimism for the Leadership Forum.

Among those messages of hope, was one about the American dream to receive a high-quality college education. Unfortunately, it seems an unreachable dream for most. College tuition costs have risen 80 percent in the past 10 years. Therefore, only a select few can afford to go to college, and even fewer get to finish.

The Starbucks College Achievement Plan is the first of its kind, where a national company is taking the initiative to partner with an educational institution to give employees a second chance to live out their American dream. Due to the increasing college expenses, less than 50 percent of college students complete their degree.

“We employ a generation hit hard by our recession,” said Dervala Manley, vice president of global strategy at Starbucks Coffee Company.

Starbucks part-time and full-time employees from around the globe can now apply to receive funding towards their degree from Arizona State University. Freshman and sophomores attending ASU will be given a partial scholarship, accompanied with financial aid depending on their needs. Juniors and seniors will be given full tuition reimbursement with each year they continue to finish their studies. Students will have no obligation to stay at Starbucks after graduation.

Philip Regier, executive vice provost and dean of ASU online and extended campuses emphasized on how ASU wants to give everyone, no mater what their background, an equal chance to get a high-quality education. ASU has all 40 majors online as well as in person, making it more convenient for the working class.

“We did it [partnership] because we had a set of shared values,” Regier said.

This partnership between ASU and Starbucks is a leading example for an innovative state of mind in Arizona. Through the voices of the people, partnerships can form to benefit this generation. This partnership has created a way for aspiring college students to reach their highest potential in life.
“The face of Starbucks is not Howard Schultz, it’s the barista,” Hanley said.

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NB|AZ Announces Opening of Camelback Wealth Center

National Bank of Arizona (NB|AZ) announced the opening of its new Camelback Wealth Center, which strengthens its commitment to the community and clients around the Camelback Corridor. The existing branch location at 4040 East Camelback Road was remodeled into the new wealth center, which blends executive banking and private banking under one roof.

As one of the most affluent areas in the Valley, Camelback Corridor is a prime location for the new wealth center, which provides a wide array of options for high-net-worth clients and a streamlined approach to financial decision making. The wealth center provides clients a comprehensive array of financial services under one roof, housing 15 bankers including retail bankers, wealth managers, an executive banking team and a mortgage specialist. The remodeled building also offers a more energy efficient design and has been updated with a cash recycler for quicker processing of cash transactions.

“NB|AZ was founded on local relationships and we are proud to celebrate our commitment to the Camelback Corridor community with the opening of our new wealth center,” said Jathan Segur, National Bank of Arizona Senior Vice President Sales and Marketing. “We are dedicated to serving our customers and valued partners in the Valley, and this new wealth center will enable us to better foster those relationships.”

NB|AZ plans to commemorate the opening of the new wealth center with an open house event on February 26. Clients, valued partners and members of the Camelback Corridor community will be in attendance.

In addition to the new Camelback Wealth Center, NB|AZ has another wealth center located at 7375 East Doubletree Ranch Road in Scottsdale, which opened in October 2012. For more information about NB|AZ or a full list of NB|AZ branches, visit www.nbarizona.com.

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NB|AZ to Host Taste of the Biltmore Oct. 3

National Bank of Arizona (NB|AZ) announced its seventh annual Taste of the Biltmore event, which is scheduled for Thursday, October 3 from 6 to 9 p.m. at the NB|AZ Biltmore Corporate Center. This highly anticipated kick-off to the Fall social season will bring the best of the Biltmore community together to enjoy unlimited food and wine tastes from more than 20 local restaurants.

All proceeds from the event will benefit the Act One Foundation (Act One), an organization that provides educational field trips to visual and performing arts centers for Arizona students. Act One provides transportation and resources to underserved public school children so that they can experience art and culture within their communities. In its inaugural year, Act One benefitted more than 20,000 K-12 public schoolchildren in Maricopa County.

“NB|AZ Taste of the Biltmore is the perfect way to bring the community together to enjoy delicious cuisine, while giving back to the community,” said Jathan Segur, senior vice president of sales and marketing for NB|AZ. “Each year the attendance grows allowing us to offer tremendous support to our designated beneficiary, and this year we are thrilled to be able to contribute to the Act One Foundation.”

“We are thrilled National Bank of Arizona has selected Act One as their partner in NB|AZ Taste of the Biltmore,” said Teniqua Broughton, executive director of the Act One Foundation. “Less than 50 percent of Arizona public schools provide integrated arts education in the curriculum due to budget constraints. Act One Foundation was created to address this need, and the collected funds from this event will help us serve these students.”

Participating restaurants include some of the Valley’s most recognized names: Central Bistro, Lon’s at the Hermosa Inn, Donovan’s Steak & Chop House, The Capital Grille, Season’s 52, True Food Kitchen, Zinburger Wine & Burger Bar, amongst many others.

Tickets are $35 online and at the door. To purchase tickets or to find out more about the event, including a full list of participating restaurants, please visit www.nbaztaste.com.

dinner

NB|AZ to Host Taste of the Biltmore Oct. 3

National Bank of Arizona (NB|AZ) announced its seventh annual Taste of the Biltmore event, which is scheduled for Thursday, October 3 from 6 to 9 p.m. at the NB|AZ Biltmore Corporate Center. This highly anticipated kick-off to the Fall social season will bring the best of the Biltmore community together to enjoy unlimited food and wine tastes from more than 20 local restaurants.

All proceeds from the event will benefit the Act One Foundation (Act One), an organization that provides educational field trips to visual and performing arts centers for Arizona students. Act One provides transportation and resources to underserved public school children so that they can experience art and culture within their communities. In its inaugural year, Act One benefitted more than 20,000 K-12 public schoolchildren in Maricopa County.

“NB|AZ Taste of the Biltmore is the perfect way to bring the community together to enjoy delicious cuisine, while giving back to the community,” said Jathan Segur, senior vice president of sales and marketing for NB|AZ. “Each year the attendance grows allowing us to offer tremendous support to our designated beneficiary, and this year we are thrilled to be able to contribute to the Act One Foundation.”

“We are thrilled National Bank of Arizona has selected Act One as their partner in NB|AZ Taste of the Biltmore,” said Teniqua Broughton, executive director of the Act One Foundation. “Less than 50 percent of Arizona public schools provide integrated arts education in the curriculum due to budget constraints. Act One Foundation was created to address this need, and the collected funds from this event will help us serve these students.”

Participating restaurants include some of the Valley’s most recognized names: Central Bistro, Lon’s at the Hermosa Inn, Donovan’s Steak & Chop House, The Capital Grille, Season’s 52, True Food Kitchen, Zinburger Wine & Burger Bar, amongst many others.

Tickets are $35 online and at the door. To purchase tickets or to find out more about the event, including a full list of participating restaurants, please visit www.nbaztaste.com.