Miami’s $900bn moment – Miami’s Property+Padel summit lays the groundwork for the game’s future in the US

3 min

reading time

Trailblazers within padel’s business sector met at one of the most innovative and progressive sessions of America’s Racquets Week, as the sport’s future in the US was discussed from an economic and infrastructural standpoint.  The networking event brought together industry leaders such as Playtomic’s Pablo Carro and RacquetX’s Robyn Duda in an effort to centralise ideas regarding the sport’s uptake and audience. The ‘padel business model’ – a concept that is gaining increasing traction within the game’s tight-knit business community – was scrutinised from all angles by industry experts, with topics such as legal hurdles and data analytics mentioned throughout the day. The key takeaway from the day’s discussions was the emphasis on padel becoming less centred around court provision alone and recognising an interconnected business ecosystem where multiple sectors such as technology, finance, and investment can be utilised to garner further opportunities for the sport’s growth.

The summit’s unique outlook – growth from a new perspective

Property+Padel’s ‘Big thinking’ model has allowed those with diverse business backgrounds to collaborate on how to fuel padel’s growth in the US, and to explore what ‘growth’ truly means from an economic and social standpoint. Padel X Co-Founder, Nalle Grinda, was keen to express how quantity is not always representative of material growth and impressed upon industry leaders how padel’s community culture must not be sacrificed in favour of an infrastructural boom. This sentiment of cultural growth was mirrored by Luxe Living Realty, Dora Puig, who went one step further in explaining how padel’s culture could have positive effects on real estate ROI, as an increased sense of community and wellness could have a strong impact on perceptions of a location. Playtomic’s Pablo Carro, the final speaker of the event, was another who presented a different view on growth than had previously been considered. Carro used data from over 6000 clubs to emphasise AI’s growing importance in understanding player behaviour, hoping to maximise participation and court retention in the future.

This sentiment of cultural growth was mirrored by Dora Puig, who explained how padel’s culture could have positive effects on real estate ROI.

Cage 91 Co. is powered by Taktika Equity

Padel’s future was also discussed from an administrative standpoint, with Eric Loftus from Padel Solutions mentioning some of the key legal aspects to be considered during the production of infrastructure. Loftus’ knowledge, combined with Sportsfield Specialties’ David Moxley’s insights on court design and topographical logistics, outlined how the collaboration of different specialist areas could contribute to creating a more detailed roadmap for how padel’s future growth may occur.

What lies ahead – Property+Padel’s American Vision

Since launching in 2024 in London, Property+Padel has gone from strength to strength in creating a network of high-calibre individuals, and this summit in Miami is a demonstration of how successful their efforts have been. Three UK-based events are on the horizon for 2025, and the group’s plans for American padel are beginning to be put into motion. Miami’s role as a national platform has undoubtedly raised the sport’s profile in recent weeks. With future collaborations to come, it can be expected that padel’s American visibility will continue to grow in the future. Property+Padel is taking brave steps into unknown territory but is determined to unite the sport’s most knowledgeable sources to make the most of what can only be described as an unprecedented period for US padel.