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Swifties had $500million economic impact on New Orleans

Posted on 10/31/24 at 12:01 am
Posted by Jim Rockford
Member since May 2011
104254 posts
Posted on 10/31/24 at 12:01 am
LINK


quote:

Greater New Orleans, Inc. estimates more than 160,000 people traveled to the metro area for the three concerts, bringing in more than $500 million to the city.

Greater New Orleans says nearly 200,000 concert tickets were sold for the three-night concert series, with each fan averaging around $1,300 spent on lodging, food, merchandise and other expenses, per a U.S. Travel Association report.

“I think about the musicians working at bars and restaurants that have extra gigs because this was going on. I think about the artists that sold extra pieces of art this week,” New Orleans & Co. president and CEO Walt Leger said.

Leger says that with 100 percent hotel occupancy on Friday and Saturday, and the hundreds of millions pouring in over the weekend, the Swift event rivaled the $900 million economic impact that New Orleans sees during Carnival.



This post was edited on 10/31/24 at 12:03 am
Posted by Indefatigable
Member since Jan 2019
35677 posts
Posted on 10/31/24 at 12:17 am to
I wonder if the City will use that to make the tourist areas less of a shithole. (They won't)

The timeline for the Superdome is ticking. Within the next decade or 15 years, New Orleans and the State are going to have to build a new facility. There is only so many times one can upgrade a 65+ year old building with terrible surrounding infrastructure.
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
42906 posts
Posted on 10/31/24 at 12:40 am to
Half of that goes to taxes.
Posted by chadr07
Pineville, Louisiana
Member since Jan 2015
12580 posts
Posted on 10/31/24 at 2:35 am to
People have an unhealthy obsession with Taylor Swift. Idk if I’ve ever seen a fanbase absolutely worship a famous singer like swifties do.
Posted by Forever
Member since Dec 2019
6729 posts
Posted on 10/31/24 at 3:04 am to
I never really paid attention before the New Orleans concert, but girls who listen to Taylor Swift skyrocketed to the top of my “total fricking weirdo” list after seeing them all over Instagram all weekend. Super creepy and cultish to pay $1500 to dress up like a skank and listen to some mid singer so you can post about it
Posted by Roaad
White Privilege Broker
Member since Aug 2006
81805 posts
Posted on 10/31/24 at 3:52 am to
quote:

girls who listen to Taylor Swift skyrocketed to the top of my “total fricking weirdo” list
K-Pop too
Posted by uptowntiger84
uptown
Member since Jul 2011
5056 posts
Posted on 10/31/24 at 4:07 am to
200,000 tickets sold x $1300= $260,000,000. Where do they come up with the other $240,000,000?
Posted by gumbo2176
Member since May 2018
19326 posts
Posted on 10/31/24 at 4:19 am to
quote:

200,000 tickets sold x $1300= $260,000,000. Where do they come up with the other $240,000,000?


Uhhhh, hotel costs, eating at restaurants, drinking, doing touristy things while in town and not at the concert, paying for Uber and Lift rides, etc., etc..

Those folks didn't just ride into town, stay at someone's house and then leave right after the concert. Many of them spent days here leading up to the event.

Posted by lsujag
Member since Jan 2012
2803 posts
Posted on 10/31/24 at 4:49 am to
quote:

Greater New Orleans says nearly 200,000 concert tickets were sold for the three-night concert series, with each fan averaging around $1,300 spent on lodging, food, merchandise and other expenses, per a U.S. Travel Association report


Again, where do they come up,with the other 240 million
Posted by gumbo2176
Member since May 2018
19326 posts
Posted on 10/31/24 at 4:59 am to
quote:

Again, where do they come up,with the other 240 million


That was in ADDITION to the ticket purchases-----or are you that dense that you don't understand basic economics.

The $1300 average was spent on LODGING, FOOD, MERCHANDISE and OTHER EXPENSES---------------------on top of ticket pricing.
Posted by N2cars
Close by
Member since Feb 2008
37885 posts
Posted on 10/31/24 at 5:01 am to
They calculate that like cops do dope busts; a lot of exaggerating.

TS was certainly a plus in tourism for the city, but $500M seems more than a bit ridiculous. And obviously, the bulk of the ticket revenue went to the artist.
Posted by Swagga
504
Member since Dec 2009
18647 posts
Posted on 10/31/24 at 5:40 am to
A good chunk of that economic impact will go to state tax as well. Yet the OT will sit here and tell you to let NOLA sink cause it’s a “shithole”

The state can’t afford for New Orleans to fail, the city brings in way too much money. A strong New Orleans is good for LA.
Posted by Trauma14
Member since Aug 2010
6469 posts
Posted on 10/31/24 at 6:11 am to
$1,300 x 160,000 is not $500M.
Posted by drizztiger
Deal With it!
Member since Mar 2007
44816 posts
Posted on 10/31/24 at 6:24 am to
quote:

$1,300 x 160,000 is not $500M.
The 80 IQs are out in full force this morning.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295194 posts
Posted on 10/31/24 at 6:25 am to
quote:


I never really paid attention before the New Orleans concert, but girls who listen to Taylor Swift skyrocketed to the top of my “total fricking weirdo” list after seeing them all over Instagram all weekend. Super creepy and cultish to pay $1500 to dress up like a skank and listen to some mid singer so you can post about it



Be careful baw, there are some male swifties on TD that will be here soon to be enraged.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295194 posts
Posted on 10/31/24 at 6:26 am to
quote:


The state can’t afford for New Orleans to fail


Its not the State's fault.

Its the people of New Orleans fault.
Posted by The Torch
DFW The Dub
Member since Aug 2014
27496 posts
Posted on 10/31/24 at 6:27 am to
Think of all the men who handed their daughter/wife a credit card and said "Have Fun".


So they could go to the deer camp or watch football in peace.

Posted by jizzle6609
Houston
Member since Jul 2009
17462 posts
Posted on 10/31/24 at 6:35 am to
quote:

people traveled to the metro area for the three concerts, bringing in more than $500 million to the city. Greater New Orleans says nearly 200,000 concert tickets were sold for the three-night concert series, with each fan averaging around $1,300 spent on lodging, food, merchandise and other expenses, per a U.S. Travel Association report. “I think about the musicians working at bars and restaurants that have extra gigs because this was going on. I think about the artists that sold extra pieces of art this week,” New Orleans & Co. president and CEO Walt Leger said. Leger says that with 100 percent hotel occupancy on Friday and Saturday, and the hundreds of millions pouring in over the weekend, the Swift event rivaled the $900 million economic impact that New Orleans sees during Carnival.


This a great summary for why people are broke.
Posted by jizzle6609
Houston
Member since Jul 2009
17462 posts
Posted on 10/31/24 at 6:35 am to
quote:

So they could go to the deer camp or watch football in peace.


No backbone
Posted by yellowfin
Coastal Bar
Member since May 2006
98743 posts
Posted on 10/31/24 at 6:42 am to
quote:

. I think about the artists that sold extra pieces of art this week,” New Orleans & Co. president and CEO Walt Leger said.


Swifties don’t really come off as the art gallery type
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