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Economic Impact of the All Star Game in New Orleans

Posted on 6/11/14 at 2:52 pm
Posted by TigerinATL
Member since Feb 2005
62056 posts
Posted on 6/11/14 at 2:52 pm
quote:

After projecting 2014 NBA All-Star to generate $89.6 million, a recent study by the University of New Orleans’ Hospitality Research Center found that the economic impact proved to be $106.1 million. A total of $60.4 million came in direct spending, with another $45.7 million in secondary spending.

Visitors spent an average of $904 during their mid-February trip to New Orleans, according to UNO’s study. As a result of such a large influx of out-of-town attendees at the event, roughly $4.9 million in tax revenue was generated for the state of Louisiana, with $3.2 million in tax revenue going to governments in the New Orleans area.

LINK
Posted by VermilionTiger
Member since Dec 2012
37787 posts
Posted on 6/11/14 at 2:58 pm to
Superbowl
BCS National Championship
Sugar Bowls (three of them)
NCAA Mens final four
NCAA Womans final four
SEC Mens basketball tournament
Wrestlemania

In the past 3 years, New Orleans has absolutely KILLED it in the tourism department with these big sports events.
Posted by SLafourche07
Member since Feb 2008
9946 posts
Posted on 6/11/14 at 2:58 pm to
But how much in tax incentives did Jindal give TNT to film it in Louisiana?
Posted by mm2316
New Orleans Pelicans Fan
Member since Aug 2010
6942 posts
Posted on 6/11/14 at 2:58 pm to
Nice. Here's to hoping it comes back in 2018.
Posted by Thurber
NWLA
Member since Aug 2013
15402 posts
Posted on 6/11/14 at 6:31 pm to
That's awesome.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17452 posts
Posted on 6/11/14 at 8:52 pm to
Proving how corrupt the city is.

There is so much money in the coffers yet consent decrees are to be paid for with taxes not voted on.

Posted by WeeWee
Member since Aug 2012
41090 posts
Posted on 6/12/14 at 2:54 pm to
quote:

Visitors spent an average of $904


I only spent $500
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