From Deseret News archives:

Sundance fest worth its weight in gold

Event raises tourism interest, puts millions into Utah economy

Published: Wednesday, May 4, 2005 9:44 a.m. MDT
 |  E-MAIL | PRINT | FONT + - 
This year's Sundance Film Festival gave Utah a $42.7 million economic boost, along with 11 days on the world stage.

A record number of festival filmgoers this year infused those dollars into Park City and the state. The audience of 46,000 was up about 28 percent from last year.

The largest chunk of income from this year's festival went toward the hotel industry, which raked in about $20 million. The state also saw big bucks coming in from dining expenses totaling $11.5 million and transportation revenues hitting $3.6 million.

Perhaps even more valuable, Park City spokesman Myles Rademan said, was the high number of first-time visitors who flocked to Park City for the yearly independent film showing. The economic activity study, conducted by the University of Utah's Bureau of Economic and Business Research, showed 22,451 visitors came to Park City for the first time and 31,430 attendees were from out of state.

"The nature of tourism is to get people to come test your product," Rademan said. "Through Sundance, a lot of people experience us and say, 'I had no idea.' Getting new people in here is gold."

Story continues below
More than 62 percent of festivalgoers said they would return to Park City for reasons other than Sundance, and 96 percent said they would return for future festivals.

The festival also meant about 900 journalists descended on Park City from Jan. 20-30, reaching an estimated audience of about 420 million.

While $36 million of the economic benefits of the festival went directly to Summit County, the Wasatch Front also reaped about $7 million from tourists.

Along with a banner year for economic activity, the Sundance festival also had its biggest year in the number of shows and venues . Since 1995, the festival has more than doubled the number of seats available and the number of screenings.

That growth has city leaders like Rademan crossing his fingers that the festival won't get too big for the Park City venue. Already this year, Park City had to transform a library and a racquetball facility into makeshift theaters for screenings.

"We love Sundance and we hope they're here forever. As long as they're comfortable in a community this size, we want them here," he said.

Sundance is the biggest moneymaking event in Park City, bringing in an additional $425,000 in sales tax revenues each year, said City Manager Tom Bakaly.

"The amount of spending has increased and the amount of attendees," Bakaly said. "Sundance brings with it a lot of notoriety as well as economic benefit."

But Bakaly is quick to point out that the city also gives a lot back to make sure Sundance runs smoothly and stays in the mountain town. This year, Park City officials donated $50,000 to Sundance, as well as about $86,000 in waived fees for building rentals, parking and trash collection.

Much of the expense for the city also comes from the additional police force the city has out on the streets during Sundance and the additional parking it has to provide so full-time residents can still get around town.

"It's very difficult to stage a big event," Rademan said. "We're a living town; it's not like a fairgrounds you can just close off."


E-mail: estewart@desnews.com

Comments

You can be the first to comment on this story.

Image
Deseret Morning News graphic

previousnext

Latest comments

To: Everyone of you(except Abe Lincoln 4:56) Why are all of you calling this...

RSL surprised by Chicago's Fire

I went to watch the NFL match at Wembley stadium a couple of moths ago to see...

Have some respect and back off....everybody knows what he did was wrong and...

Lack of experience no RSL concern

we have players with pace that can run wide and attack the Galaxy, and they...

D-line huge part of Miner's success

I'm glad some people can recognize who some of the real players are. Linemen...

Photos: A Royal welcome home

that is why one of many reasons I love soccer. The players appreciate and...

To anyone who has been paying attention: The jazz have NOT been getting...

They'll be playing the very best they can, there's not much pressure on USU....

BYU, Utah struck gold in coaches

Amen. I am a fan of both teams. Think the world of both coaches and cheer...

RSL surprised by Chicago's Fire

Chadders and REAL loyalists, family, friends" You beat me to it. ...

Advertisements
Advertisement