The city of Orlando is reporting that ‘WrestleMania 33’ had a profound impact on their local economy.
No surprise there. WWe’s annual WrestleMania event has always had an impact on the host city’s economy and Orlando is no exception.
This helps explain why so many cities bid for the mega-event, much like they would for a Super Bowl.
The Orlando Sentinel has reported the research results from an independent study released today by WWE and the office of Orlando Mayor Buddy Dyer.
“The number actually exceeded our expectations,” Dyer said. “We went in expecting $130 to 150 million based on prior years. But $181 million is huge for our community and it really shows that WrestleMania has been one of our significant events in Central Florida.”
All states were represented at the event, including an astonishing 79% of fans who attended the week-long festivities came from outside Central Florida and averaged 5.6 nights at local hotels.
“The length of stay is disproportionately larger than our other major event contemporaries and that was one of the most dramatic increases in the study” said John Saboor, WWE’s Executive Vice President of Special Events.
WrestleMania 24 from Orlando back in 2008 brought $50 million to the local economy and WWE is reporting a total of $181 million generated for this year’s event.