Bonnaroo releases economic impact study - WRCBtv.com | Chattanooga News, Weather & Sports

Bonnaroo releases economic impact study

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MANCHESTER, TN (WRCB) - A new study released Monday shows that the Bonnaroo Festival and its patrons put more than $50 million into the local Manchester and statewide Tennessee economies last year.

During the festival, Manchester becomes the 7th largest city in the state. 

Last year Bonnaroo brought in more than $2.9 million in taxes for the state.  Attendees to Bonnaroo spent almost $100 a day while at the festival.

Bonnaroo attracts attendees from all 50 states with thousands of international visitors. Approximately 25 percent of attendees are from Tennessee, New York and Florida closely followed by Georgia, Illinois, Ohio, Pennsylvania, and Virginia. Canada is the largest origin of international visitors, but attendees also come from Asia, South America, Europe and Australia.

The vast majority of Bonnaroovians participate in the entire festival. The average length of stay of visitors in 2012 was 3.9 days. Furthermore, on average, Bonnaroo attendees spend time enjoying tourist activities in other parts of the state, including Memphis, Chattanooga, Nashville, Knoxville and Murfreesboro.

Internationally acclaimed Bonnaroo Music & Arts Festival was conceived in 2002 and is among the top events in the world hosting an annual four-day spread reaching over 80,000 spectators with 150 performances on 10+ stages. The popular festival, held on an 700-acre farm in Manchester, TN is held every Summer in June and has served as a launching pad for music artists including Kings of Leon,  The Black Keys, Norah Jones, Jack Johnson, Robert Randolph, My Morning Jacket, Ray Lamontagne, Matisyahu, and many others. For more information, visit www.bonnaroo.com

RELATED STORY | Could the Manchester farm where Bonnaroo is held host other events?

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