Mumford’s GOTR Bristol Stopover Economic Impact Released

Posted on October 30, 2012 by Admin mentioned a recent Chmura study in their blog post Mumford’s GOTR Bristol Stopover Economic Impact Released:

Today representatives from Birthplace of Country Music, Bristol Rhythm & Roots Reunion, Believe in Bristol, and Pick Bristol gathered media and members of city and local governments to the City of Bristol, VA School Board Office Conference Room to reveal details of the Virginia Tourism Corporation‘s economic impact study researched during the GOTR Bristol Stopover. The research company Chmura Economics & Analytics was contracted by VTC to perform the study over the course of the August 11, 2012 weekend, combining the impacts of event staging and visitor spending.

“Gentlemen of the Road generated $5.1 million in tax revenue for the cities of Bristol alone,” says Believe in Bristol Executive Director Christina Blevins, “in the state of Virginia visitors spent $6.7 million. It’s amazing that one event in our cities can generate that much income.”

Read the rest of the article or the full GOTR Economic Impact Study.

This blog reflects Chmura staff assessments and opinions with the information available at the time the blog was written.