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NOWFE is a non-profit organization, donating, in total, over a half-million dollars to local and regional charitable organizations.
2007 Beneficiaries:
ProStart: The Louisiana Restaurant Association's School-to-Career Program, a mentoring curriculum serving Louisiana's young people who are interested in restaurant careers.
The University of New Orleans School of Hotel, Restaurant and Tourism: A collegiate program, preparing HRT graduates to become leaders in Louisiana's hospitality industry. The Chef John Folse Culinary Institute: A program, preserving and advancing the rich culinary heritage of Louisiana.
Delgado Community College: Offering Culinary Arts Degree Certificates in Applied Science and Culinary Management Certificates.
The Emeril Lagasse Foundation
Deuce McAllister’s Catch 22 Foundation
The Broadmoor Improvement Association
The New Orleans Fire Fighter’s Fund
NOWFE TOASTS AN OUTSTANDING YEAR
Banner year marked with impact of $5.4 million to the local economy
New Orleans, Louisiana – The results of a recent Economic Impact Study and Visitor Survey for the 2007 New Orleans Wine & Food Experience (NOWFE) conducted by the University of New Orleans Division of Business and Economic Research show the total economic impact produced by the 16th annual event was a remarkable $5.4 million.
State and local governments realized over $383,696 in tax revenue as a result of the four-day event. While NOWFE’s number of out of town visitors is smaller compared to many larger festivals, it’s per capita (visitor) spending is extremely high. "I think people in New Orleans are generally aware of NOWFE’s role as a major entertainment event, but this study helps demonstrate the very significant financial contributions it makes to our local economy," states Mark Needham, current NOWFE Board President. "The results are impressive. While this year’s study was limited to out-of-town visitor expenditures, we now know that the event attracts an affluent visitor (48.4% with household income over $75,000) who spends a daily average of $486.54 per person on lodging, meals, bars and nightclubs, entertainment, shopping, transportation and gambling. Of that, the study states, an average of $172.09 per person is spent on daily meals."
Sandy Shilstone, President and CEO of the New Orleans Tourism Marketing Corporation declares “This study proves that events like the New Orleans Wine & Food Experience are key to increasing the public awareness of New Orleans as a vital economic engine of the Gulf South." While 60.5% of NOWFE visitors were repeat visitors, the event is continuing to attract new visitors each year (39.5%). NOWFE’s event format of Vintner dinners, Royal Street Stroll, seminars, Grand Tastings, and Bubbles and Brunch showcases New Orleans’ food and its restaurants like no other event in the country. Therefore, as expected, food (21.8%) and wine (21%) were rated as top aspects of the event, followed by people, atmosphere, total experience and location.
"Visitors are responding to our message that Louisiana is open for business and ready to offer an authentic experience," said Lt. Governor Mitch Landrieu. "Successful cultural events like the New Orleans Wine & Food Experience are an important part of our efforts to bring tourists back to this region." According to the study, 49.5% of attendees were out-of-town visitors. Of those visitors, 99% stayed overnight in the New Orleans area. Therefore, hotels garnered considerable revenue as 87.5% of those out-of-town visitors stayed in local hotels, with an average room rate of $155.42. The average number of nights stayed was 3.9.
Summary of Additional Findings:
- 85.3% of visitors were in New Orleans primarily for the event
- 88.1% of attendees have visited 3 or more times
- 74.3% of attendees were between 36 and 64 years old
- 55.8% of attendees were women
The study also finds that by growing attendance by just 10% in one year could increase the economic impact to approximately $5.9 million and to $6.4 million with a 20% increase.
Incoming NOWFE President Howard Brown announces that the local community will also benefit from the more than $100,000 in charitable donations that NOWFE will distribute later this year. Brown credits the increase in donations over last year to increased attendance numbers and continued significant sponsorship support. Sponsors for the 2007 NOWFE included Pepsi, Perrier Jouét, Louisiana Rebirth (Lt. Governor Mitch Landrieu, Dept. of Culture, Recreation and Tourism), Nestle Waters, Barefoot Wine, Ministére de L’Agriculture et de la Péche, Omni Royal Orleans, Hotel Monteleone, The Times Picayune, COX Media, Bourbon Orleans, and The Ritz-Carlton New Orleans.
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