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Appendix 4 PDF Print E-mail

Appendix 4: Economic Impact Analysis Tables
Economics Research Associates
Southeastern Kentucky Agricultural & Exposition Center Final Report Project No. 16197


Table 26:  Economic Impact Analysis Inputs

Total Number of Event Days

 

149

ATTENDEES Total Attendance Out-Of-Town   Number Percent Day Visitors   Number Percent Local   Number Percent

 

255,000 43,63817% 80,21331% 131,15051%

SPENDING BY OVERNIGHT ATTENDEES

 

 

On-Site Expenditures    Admissions     Concessions    Subtotal, On-Site Expenditures

$8.71 $1.60

$380,006$69,649$449,654

Off-Site Expenditures Lodging    Total Room Nights     Average Cost per Room Total Hotel Spending Food   Total Meal Days     Average Daily Expenditure      Total Food Spending Other Expenditures    Transportation, Retail, Misc.    Subtotal, Off-Site Expenditures

44,273$70.00 87,275$34.00$17.00

$3,099,075 $2,967,350 $741,838$6,808,263

    Subtotal, Out-of-Town Attendees

 

$7,257,917

SPENDING BY DAY TRIP ATTENDEES

 

 

On-Site Expenditures    Admissions     Concessions    Subtotal, On-Site Expenditures

$8.71 $1.60

$698,509$128,025$826,535

Off-Site Expenditures Food   Total Meal Days     Average Daily Expenditure      Total Food Spending Other Expenditures    Transportation, Retail, Misc.    Subtotal, Off-Site Expenditures

80,213$20.00$15.00

$1,604,250 $1,203,188$2,807,438

    Subtotal, Day Trip Attendees

 

$3,633,972

SPENDING BY LOCAL ATTENDEES

 

 

On-Site Expenditures    Admissions     Concessions    Subtotal, On-Site Expenditures

$8.71 $1.60

$1,142,085$209,326$1,351,411

Off-Site Expenditures   Total Meal Days     Average Daily Expenditure      Total Food Spending

43,453$20.00

$869,050

Subtotal, Local Attendees

 

$2,220,461

TOTAL ATTENDEE  EXPENDITURES

 

$13,112,350

MULTIPLIER

 

2.00

TOTAL DOLLAR IMPACT ON THE ECONOMY

 

$26,224,700

Source: Economics Research Associates, 2005

 

 

Economics Research Associates Southeastern Kentucky Agricultural & Exposition Center Final Report 45

 

Project No. 16197

 
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