SXSW 2014 Brought Over $315 Million to Austin…

Percy Daggs, Enrico Colantoni, Francis Capra, Chris Lowell, Kristen Bell, Ryan Hansen, director Rob Thomas & Jason Dohring Premiere Veronica Mars_Michael Buckner

Today, September 12th, is the last day for early SXSW artist applications. After today, fees go up to $45 from $33. Applications close on October 10th.

While everyone starts to plan for 2015’s drunken industry meetup, details of the economic impact of the 2014 conference have been released.

SXSW 2014 contributed about $315 million to Austin’s economy. In 2013, SXSW brought $218 million to Austin’s economy.

44,500 people registered for SXSW 2014 and 134,000 thousand people attended at least one event. Around 2,100 bands performed.

Michael W. Rollins, President of the Austin Chamber of Commerce, said:

“From entertainment venues that employ local bands to hotels to retail establishments and all the support industry that provides services that visitors require to the many innovative businesses that have relocated or started up here because of exposure Austin gained during SXSW, this event has helped drive the thriving economy in Central Texas. The fact is that all Austinites benefit from SXSW as the City of Austin has collected millions of dollars in taxes through the years that can be directly attributable to SXSW.”

 

Nina Ulloa covers breaking news, tech, and more. Follow her on Twitter: @nine_u

4 Responses

  1. danwriter

    $218 million. Wonder how much of that was alcohol, hotel cleaning fees, and bail bonds.

    Reply

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