CoachellaMusic FestivalsNews

Coachella & Stagecoach Festivals Generate $704 Million in 2016

The Coachella Valley Music & Arts Festival and Stagecoach Country Music Festival have generated more than $704 million dollars into the global economy. That insane fact comes from the Coachella Valley Economic Partnership and the Greater Palm Springs Convention and Visitors Bureau. More than half of that amount, some $403 million will directly benefit businesses across the Coachella Valley. $106 million goes directly to businesses in Indio, the city that hosts both festivals.

Local residents spent an average of $554 during Coachella. Regional visitors spent an average of $985 over one Coachella weekend.

Both Coachella and Stagecoach are an economic blessing to the city of Indio. The city brings in over $3 million in ticket taxes which amounts to 5% of its total general fund. More than 273,000 people are expected to attend the festivals which are held during three consecutive weekends in April. As a former resident of the Coachella Valley, I know how important these festivals are to desert cities. The provide jobs, fill hotels and restaurants and also bring in new visitors to the Coachella Valley.

Goldenvoice, the producers of both festivals plan on introducing a new fall festival as well. Those plans are still being finalized. When this happens, the global economic impact could grow to $1.4 billion annually and $804 million locally.

Goldenvoice was founded back in 1981. The company produces more than 1,500 concerts a year in West Coast states, Hawaii and Canada.

Coachella takes place April 15-17 and April 22-24 at the Empire Polo Club in Indio. Stagecoach takes place the following weekend. Tickets to Coachella have sold out, but you can still find some on re-sale sites like StubHub, but it will cost you!

Oh, if you haven’t booked your room yet, DO IT NOW. Prices have gone up but you can still find some rooms for under $200 a night, but you’ll need to act fast.

I’ll see you there for weekend 2!!!

-Jared

Source

Written by
Jared

Emmy award winning tv news producer by day - raver by night.

Related Articles

Sónar Festival Barcelona
Music FestivalsNews

Barcelona’s Sónar Festival Shares Phase One Lineup For 2025

Barcelona’s Sónar Festival has announced the first 66 artists set to play...

Coachella
Music FestivalsNews

Your Guide To All Things Dance Music At Coachella 2025

When it comes to bookings, Coachella always seems to be ahead of...

Tomorrowland Winter
Music FestivalsNews

Tomorrowland Winter Shares Full 2025 Lineup

Tomorrowland has announced the lineup for the upcoming edition of Tomorrowland Winter....

Coachella
Music FestivalsNews

Coachella Surprise Drops 2025 Lineup

Coachella has shared its 2025 lineup, surprising fans with the announcement months...