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Putting the Fat in Fat Tuesday: A Visual Guide to Mardi Gras’ Impact on New Orleans’ Economy

MARDI GRAS: Adding FAT to the New Orleans Economy New Orleans Mardi Gras, perhaps the nation's largest and oldest party, is a wild celebration of decadence and pleasure -as well as a huge contributor to the annual GDP of the historic city. As revelers fill the rooms and streets of the French Quarter and surrounding neighborhoods, they're happy to spend their money on having fun. We examine the substantial economic impact of Mardi Gras on the New Orleans economy, and how visitors are spending their cash. What is it? Mardi Gras (French) Fat Tuesday is celebrated the day before Ash Wednesday, which marks the beginning of Lent. A Catholic observance, Lent is a 40-day stretch preceding Holy Week during which observers give up unhealthy foods and activities. The Mardi Gras celebration represents the last hurrah before giving up these vices. Because it is tied to the date of Easter-always landing 47 days before-Mardi Gras falls on a different day every year. Mardi Gras celebrations are held all around the country, not just New Orleans. Fat Tuesday (English) A Fatter Economy Mardi Gras is such an economically important celebration in New Orleans that the only reason it has ever been cancelled is because of war-even hurricanes are no match for Fat Tuesday. The funds the city receives from the celebration are crucial to its financial well-being. Lodging $106 million In the 12 days preceding Mardi Gras, visitors spent an average of $158.86 per hotel room totaling $3,185,880 on lodging each day. Figuring that there were an average of 2.7 visitors staying in each room and each visitor spent an additional $59.15 per day on non-lodging expenses (food, alcohol, etc.), the total lodging and non-lodging expenditures by visitors staying in hotels totaled: $106 million. Food $2.5 million Locals spent a total of $2.5 million on groceries-above and beyond their regular grocery spending (excluding alcohol). Alcohol $3.4 million Locals spent a total of $3.4 million on alcohol-above and beyond their regular alcohol spending. Merchandise & Services $5.9 million Revelers spent $5.8 million on merchandise and services: print publications jewelry Services $500k $1.2 million $4.2 million Mardi Gras Krewes Expenditures $24.6 million A Krewe is the name for an organization responsible for hosting the Mardi Gras parades, balls, and other functions. Krewes spent Krewes members spent $11.6 million $13 million What Does New Orleans Pay To Prepare For Mardi Gras? Mayor's Office $109,000 Sanitation Property Management $272,000 Police Emergency Medical Services Department $1,500,000 Department $824,000 $143,000 Total City Expenditures $3 million Related Revenue (+ $1.2 million Parks & Parkways $10,000 Office of Emergency Preparedness $9,000 Fire Department $6,000 Net City Expenditures $1.8 million Public Work $106,000 Total Direct Expenditures: $144.1 million Low estimate $215 million Mean estimate $301 million High estimate $429 million The total estimated brand value of Mardi Gras in 2011: But Mardi Gras has an estimated "brand" value that reaches far beyond the seen fiscal impact on the city. | 100 200 300 | 400 500 million Mardi Gras 2011:By The Numbers The following figures represent estimates of how much was spent in New Orleans on each category for the Mardi Gras celebration. DI DD Total direct and indirect economic impact on New Orleans: $300.7 million representing 1.5% of New Orleans annual GDP ($20 billion) Net fiscal benefit for the City of New Orleans: 8.45 1.5% $13,108,538 The City of New Orleans received $8.45 for every $1 invested in the celebration Sources: http://tulane.edu/news/releases/pr_011112.cfm http://www.mardigrasneworleans.com/history.html mintcom MARDI GRAS: Adding FAT to the New Orleans Economy New Orleans Mardi Gras, perhaps the nation's largest and oldest party, is a wild celebration of decadence and pleasure -as well as a huge contributor to the annual GDP of the historic city. As revelers fill the rooms and streets of the French Quarter and surrounding neighborhoods, they're happy to spend their money on having fun. We examine the substantial economic impact of Mardi Gras on the New Orleans economy, and how visitors are spending their cash. What is it? Mardi Gras (French) Fat Tuesday is celebrated the day before Ash Wednesday, which marks the beginning of Lent. A Catholic observance, Lent is a 40-day stretch preceding Holy Week during which observers give up unhealthy foods and activities. The Mardi Gras celebration represents the last hurrah before giving up these vices. Because it is tied to the date of Easter-always landing 47 days before-Mardi Gras falls on a different day every year. Mardi Gras celebrations are held all around the country, not just New Orleans. Fat Tuesday (English) A Fatter Economy Mardi Gras is such an economically important celebration in New Orleans that the only reason it has ever been cancelled is because of war-even hurricanes are no match for Fat Tuesday. The funds the city receives from the celebration are crucial to its financial well-being. Lodging $106 million In the 12 days preceding Mardi Gras, visitors spent an average of $158.86 per hotel room totaling $3,185,880 on lodging each day. Figuring that there were an average of 2.7 visitors staying in each room and each visitor spent an additional $59.15 per day on non-lodging expenses (food, alcohol, etc.), the total lodging and non-lodging expenditures by visitors staying in hotels totaled: $106 million. Food $2.5 million Locals spent a total of $2.5 million on groceries-above and beyond their regular grocery spending (excluding alcohol). Alcohol $3.4 million Locals spent a total of $3.4 million on alcohol-above and beyond their regular alcohol spending. Merchandise & Services $5.9 million Revelers spent $5.8 million on merchandise and services: print publications jewelry Services $500k $1.2 million $4.2 million Mardi Gras Krewes Expenditures $24.6 million A Krewe is the name for an organization responsible for hosting the Mardi Gras parades, balls, and other functions. Krewes spent Krewes members spent $11.6 million $13 million What Does New Orleans Pay To Prepare For Mardi Gras? Mayor's Office $109,000 Sanitation Property Management $272,000 Police Emergency Medical Services Department $1,500,000 Department $824,000 $143,000 Total City Expenditures $3 million Related Revenue (+ $1.2 million Parks & Parkways $10,000 Office of Emergency Preparedness $9,000 Fire Department $6,000 Net City Expenditures $1.8 million Public Work $106,000 Total Direct Expenditures: $144.1 million Low estimate $215 million Mean estimate $301 million High estimate $429 million The total estimated brand value of Mardi Gras in 2011: But Mardi Gras has an estimated "brand" value that reaches far beyond the seen fiscal impact on the city. | 100 200 300 | 400 500 million Mardi Gras 2011:By The Numbers The following figures represent estimates of how much was spent in New Orleans on each category for the Mardi Gras celebration. DI DD Total direct and indirect economic impact on New Orleans: $300.7 million representing 1.5% of New Orleans annual GDP ($20 billion) Net fiscal benefit for the City of New Orleans: 1 8.45 1.5% $13,108,538 The City of New Orleans received $8.45 for every $1 invested in the celebration Sources: http://tulane.edu/news/releases/pr_011112.cfm http://www.mardigrasneworleans.com/history.html mintcom MARDI GRAS: Adding FAT to the New Orleans Economy New Orleans Mardi Gras, perhaps the nation's largest and oldest party, is a wild celebration of decadence and pleasure -as well as a huge contributor to the annual GDP of the historic city. As revelers fill the rooms and streets of the French Quarter and surrounding neighborhoods, they're happy to spend their money on having fun. We examine the substantial economic impact of Mardi Gras on the New Orleans economy, and how visitors are spending their cash. What is it? Mardi Gras (French) Fat Tuesday is celebrated the day before Ash Wednesday, which marks the beginning of Lent. A Catholic observance, Lent is a 40-day stretch preceding Holy Week during which observers give up unhealthy foods and activities. The Mardi Gras celebration represents the last hurrah before giving up these vices. Because it is tied to the date of Easter-always landing 47 days before-Mardi Gras falls on a different day every year. Mardi Gras celebrations are held all around the country, not just New Orleans. Fat Tuesday (English) A Fatter Economy Mardi Gras is such an economically important celebration in New Orleans that the only reason it has ever been cancelled is because of war-even hurricanes are no match for Fat Tuesday. The funds the city receives from the celebration are crucial to its financial well-being. Lodging $106 million In the 12 days preceding Mardi Gras, visitors spent an average of $158.86 per hotel room totaling $3,185,880 on lodging each day. Figuring that there were an average of 2.7 visitors staying in each room and each visitor spent an additional $59.15 per day on non-lodging expenses (food, alcohol, etc.), the total lodging and non-lodging expenditures by visitors staying in hotels totaled: $106 million. Food $2.5 million Locals spent a total of $2.5 million on groceries-above and beyond their regular grocery spending (excluding alcohol). Alcohol $3.4 million Locals spent a total of $3.4 million on alcohol-above and beyond their regular alcohol spending. Merchandise & Services $5.9 million Revelers spent $5.8 million on merchandise and services: print publications jewelry Services $500k $1.2 million $4.2 million Mardi Gras Krewes Expenditures $24.6 million A Krewe is the name for an organization responsible for hosting the Mardi Gras parades, balls, and other functions. Krewes spent Krewes members spent $11.6 million $13 million What Does New Orleans Pay To Prepare For Mardi Gras? Mayor's Office $109,000 Sanitation Property Management $272,000 Police Emergency Medical Services Department $1,500,000 Department $824,000 $143,000 Total City Expenditures $3 million Related Revenue (+ $1.2 million Parks & Parkways $10,000 Office of Emergency Preparedness $9,000 Fire Department $6,000 Net City Expenditures $1.8 million Public Work $106,000 Total Direct Expenditures: $144.1 million Low estimate $215 million Mean estimate $301 million High estimate $429 million The total estimated brand value of Mardi Gras in 2011: But Mardi Gras has an estimated "brand" value that reaches far beyond the seen fiscal impact on the city. | 100 200 300 | 400 500 million Mardi Gras 2011:By The Numbers The following figures represent estimates of how much was spent in New Orleans on each category for the Mardi Gras celebration. DI DD Total direct and indirect economic impact on New Orleans: $300.7 million representing 1.5% of New Orleans annual GDP ($20 billion) Net fiscal benefit for the City of New Orleans: 1 8.45 1.5% $13,108,538 The City of New Orleans received $8.45 for every $1 invested in the celebration Sources: http://tulane.edu/news/releases/pr_011112.cfm http://www.mardigrasneworleans.com/history.html mintcom MARDI GRAS: Adding FAT to the New Orleans Economy New Orleans Mardi Gras, perhaps the nation's largest and oldest party, is a wild celebration of decadence and pleasure -as well as a huge contributor to the annual GDP of the historic city. As revelers fill the rooms and streets of the French Quarter and surrounding neighborhoods, they're happy to spend their money on having fun. We examine the substantial economic impact of Mardi Gras on the New Orleans economy, and how visitors are spending their cash. What is it? Mardi Gras (French) Fat Tuesday is celebrated the day before Ash Wednesday, which marks the beginning of Lent. A Catholic observance, Lent is a 40-day stretch preceding Holy Week during which observers give up unhealthy foods and activities. The Mardi Gras celebration represents the last hurrah before giving up these vices. Because it is tied to the date of Easter-always landing 47 days before-Mardi Gras falls on a different day every year. Mardi Gras celebrations are held all around the country, not just New Orleans. Fat Tuesday (English) A Fatter Economy Mardi Gras is such an economically important celebration in New Orleans that the only reason it has ever been cancelled is because of war-even hurricanes are no match for Fat Tuesday. The funds the city receives from the celebration are crucial to its financial well-being. Lodging $106 million In the 12 days preceding Mardi Gras, visitors spent an average of $158.86 per hotel room totaling $3,185,880 on lodging each day. Figuring that there were an average of 2.7 visitors staying in each room and each visitor spent an additional $59.15 per day on non-lodging expenses (food, alcohol, etc.), the total lodging and non-lodging expenditures by visitors staying in hotels totaled: $106 million. Food $2.5 million Locals spent a total of $2.5 million on groceries-above and beyond their regular grocery spending (excluding alcohol). Alcohol $3.4 million Locals spent a total of $3.4 million on alcohol-above and beyond their regular alcohol spending. Merchandise & Services $5.9 million Revelers spent $5.8 million on merchandise and services: print publications jewelry Services $500k $1.2 million $4.2 million Mardi Gras Krewes Expenditures $24.6 million A Krewe is the name for an organization responsible for hosting the Mardi Gras parades, balls, and other functions. Krewes spent Krewes members spent $11.6 million $13 million What Does New Orleans Pay To Prepare For Mardi Gras? Mayor's Office $109,000 Sanitation Property Management $272,000 Police Emergency Medical Services Department $1,500,000 Department $824,000 $143,000 Total City Expenditures $3 million Related Revenue (+ $1.2 million Parks & Parkways $10,000 Office of Emergency Preparedness $9,000 Fire Department $6,000 Net City Expenditures $1.8 million Public Work $106,000 Total Direct Expenditures: $144.1 million Low estimate $215 million Mean estimate $301 million High estimate $429 million The total estimated brand value of Mardi Gras in 2011: But Mardi Gras has an estimated "brand" value that reaches far beyond the seen fiscal impact on the city. | 100 200 300 | 400 500 million Mardi Gras 2011:By The Numbers The following figures represent estimates of how much was spent in New Orleans on each category for the Mardi Gras celebration. DI DD Total direct and indirect economic impact on New Orleans: $300.7 million representing 1.5% of New Orleans annual GDP ($20 billion) Net fiscal benefit for the City of New Orleans: 1 8.45 1.5% $13,108,538 The City of New Orleans received $8.45 for every $1 invested in the celebration Sources: http://tulane.edu/news/releases/pr_011112.cfm http://www.mardigrasneworleans.com/history.html mintcom MARDI GRAS: Adding FAT to the New Orleans Economy New Orleans Mardi Gras, perhaps the nation's largest and oldest party, is a wild celebration of decadence and pleasure -as well as a huge contributor to the annual GDP of the historic city. As revelers fill the rooms and streets of the French Quarter and surrounding neighborhoods, they're happy to spend their money on having fun. We examine the substantial economic impact of Mardi Gras on the New Orleans economy, and how visitors are spending their cash. What is it? Mardi Gras (French) Fat Tuesday is celebrated the day before Ash Wednesday, which marks the beginning of Lent. A Catholic observance, Lent is a 40-day stretch preceding Holy Week during which observers give up unhealthy foods and activities. The Mardi Gras celebration represents the last hurrah before giving up these vices. Because it is tied to the date of Easter-always landing 47 days before-Mardi Gras falls on a different day every year. Mardi Gras celebrations are held all around the country, not just New Orleans. Fat Tuesday (English) A Fatter Economy Mardi Gras is such an economically important celebration in New Orleans that the only reason it has ever been cancelled is because of war-even hurricanes are no match for Fat Tuesday. The funds the city receives from the celebration are crucial to its financial well-being. Lodging $106 million In the 12 days preceding Mardi Gras, visitors spent an average of $158.86 per hotel room totaling $3,185,880 on lodging each day. Figuring that there were an average of 2.7 visitors staying in each room and each visitor spent an additional $59.15 per day on non-lodging expenses (food, alcohol, etc.), the total lodging and non-lodging expenditures by visitors staying in hotels totaled: $106 million. Food $2.5 million Locals spent a total of $2.5 million on groceries-above and beyond their regular grocery spending (excluding alcohol). Alcohol $3.4 million Locals spent a total of $3.4 million on alcohol-above and beyond their regular alcohol spending. Merchandise & Services $5.9 million Revelers spent $5.8 million on merchandise and services: print publications jewelry Services $500k $1.2 million $4.2 million Mardi Gras Krewes Expenditures $24.6 million A Krewe is the name for an organization responsible for hosting the Mardi Gras parades, balls, and other functions. Krewes spent Krewes members spent $11.6 million $13 million What Does New Orleans Pay To Prepare For Mardi Gras? Mayor's Office $109,000 Sanitation Property Management $272,000 Police Emergency Medical Services Department $1,500,000 Department $824,000 $143,000 Total City Expenditures $3 million Related Revenue (+ $1.2 million Parks & Parkways $10,000 Office of Emergency Preparedness $9,000 Fire Department $6,000 Net City Expenditures $1.8 million Public Work $106,000 Total Direct Expenditures: $144.1 million Low estimate $215 million Mean estimate $301 million High estimate $429 million The total estimated brand value of Mardi Gras in 2011: But Mardi Gras has an estimated "brand" value that reaches far beyond the seen fiscal impact on the city. | 100 200 300 | 400 500 million Mardi Gras 2011:By The Numbers The following figures represent estimates of how much was spent in New Orleans on each category for the Mardi Gras celebration. DI DD Total direct and indirect economic impact on New Orleans: $300.7 million representing 1.5% of New Orleans annual GDP ($20 billion) Net fiscal benefit for the City of New Orleans: 1 8.45 1.5% $13,108,538 The City of New Orleans received $8.45 for every $1 invested in the celebration Sources: http://tulane.edu/news/releases/pr_011112.cfm http://www.mardigrasneworleans.com/history.html mintcom MARDI GRAS: Adding FAT to the New Orleans Economy New Orleans Mardi Gras, perhaps the nation's largest and oldest party, is a wild celebration of decadence and pleasure -as well as a huge contributor to the annual GDP of the historic city. As revelers fill the rooms and streets of the French Quarter and surrounding neighborhoods, they're happy to spend their money on having fun. We examine the substantial economic impact of Mardi Gras on the New Orleans economy, and how visitors are spending their cash. What is it? Mardi Gras (French) Fat Tuesday is celebrated the day before Ash Wednesday, which marks the beginning of Lent. A Catholic observance, Lent is a 40-day stretch preceding Holy Week during which observers give up unhealthy foods and activities. The Mardi Gras celebration represents the last hurrah before giving up these vices. Because it is tied to the date of Easter-always landing 47 days before-Mardi Gras falls on a different day every year. Mardi Gras celebrations are held all around the country, not just New Orleans. Fat Tuesday (English) A Fatter Economy Mardi Gras is such an economically important celebration in New Orleans that the only reason it has ever been cancelled is because of war-even hurricanes are no match for Fat Tuesday. The funds the city receives from the celebration are crucial to its financial well-being. Lodging $106 million In the 12 days preceding Mardi Gras, visitors spent an average of $158.86 per hotel room totaling $3,185,880 on lodging each day. Figuring that there were an average of 2.7 visitors staying in each room and each visitor spent an additional $59.15 per day on non-lodging expenses (food, alcohol, etc.), the total lodging and non-lodging expenditures by visitors staying in hotels totaled: $106 million. Food $2.5 million Locals spent a total of $2.5 million on groceries-above and beyond their regular grocery spending (excluding alcohol). Alcohol $3.4 million Locals spent a total of $3.4 million on alcohol-above and beyond their regular alcohol spending. Merchandise & Services $5.9 million Revelers spent $5.8 million on merchandise and services: print publications jewelry Services $500k $1.2 million $4.2 million Mardi Gras Krewes Expenditures $24.6 million A Krewe is the name for an organization responsible for hosting the Mardi Gras parades, balls, and other functions. Krewes spent Krewes members spent $11.6 million $13 million What Does New Orleans Pay To Prepare For Mardi Gras? Mayor's Office $109,000 Sanitation Property Management $272,000 Police Emergency Medical Services Department $1,500,000 Department $824,000 $143,000 Total City Expenditures $3 million Related Revenue (+ $1.2 million Parks & Parkways $10,000 Office of Emergency Preparedness $9,000 Fire Department $6,000 Net City Expenditures $1.8 million Public Work $106,000 Total Direct Expenditures: $144.1 million Low estimate $215 million Mean estimate $301 million High estimate $429 million The total estimated brand value of Mardi Gras in 2011: But Mardi Gras has an estimated "brand" value that reaches far beyond the seen fiscal impact on the city. | 100 200 300 | 400 500 million Mardi Gras 2011:By The Numbers The following figures represent estimates of how much was spent in New Orleans on each category for the Mardi Gras celebration. DI DD Total direct and indirect economic impact on New Orleans: $300.7 million representing 1.5% of New Orleans annual GDP ($20 billion) Net fiscal benefit for the City of New Orleans: 1 8.45 1.5% $13,108,538 The City of New Orleans received $8.45 for every $1 invested in the celebration Sources: http://tulane.edu/news/releases/pr_011112.cfm http://www.mardigrasneworleans.com/history.html mintcom

Putting the Fat in Fat Tuesday: A Visual Guide to Mardi Gras’ Impact on New Orleans’ Economy

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Mardi Gras, perhaps the nation’s largest and oldest party, is a wild celebration of decadence and pleasure – as well as a huge contributor to the annual GDP of the historic city, New Orleans. As r...

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