Bristolrhythm.com 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.”