• HOME
  • About
    • Musicians
    • Spotlights
    • Videos
    • Photos
  • News
    • Concerts And Events
    • Arts Advocacy
  • HISTORY
    • ASOPA Press Releases
    • Letters
    • Blogs
    • ICSOM/AFM SUPPORT
  • Donate
    • How You Can Help
  • Contact Us
  • HOME
  • About
    • Musicians
    • Spotlights
    • Videos
    • Photos
  • News
    • Concerts And Events
    • Arts Advocacy
  • HISTORY
    • ASOPA Press Releases
    • Letters
    • Blogs
    • ICSOM/AFM SUPPORT
  • Donate
    • How You Can Help
  • Contact Us
ATL SYMPHONY MUSICIANS

arts advocacy

An orchestra's financial impact on the local economy.

2/8/2014

4 Comments

 
Picture
Michelle Hummer’s 474-day nightmare came to an end Tuesday evening. As the general manager of MASA, a Mexican eatery located down the street from the Minnesota Orchestra Hall in downtown Minneapolis, she watched the restaurant suffer “significant” losses as the performance hall sat dark for more than a year during a historic lockout.

But news broke that musicians and the Minnesota Orchestral Association had finally reached an agreement and ratified a three-year contract that kicks in Feb. 1. With concerts likely to start back up shortly after that, Hummer says she can “already feel the life back in the restaurant.”

“We feel like we can look across the street and have hope,” she said. “It’s nice knowing we are going to have guests who aren’t just protesters.”

Hotels, restaurants and other businesses near Orchestra Hall are thrilled to see the end of the lockout, a drawn-out conflict that had a ripple effect throughout the neighborhood. The city of Minneapolis estimates it lost $2.9 million in parking, dining and other business during the suspended 2013 orchestra season. That includes about $414,000 in parking fees – an Orchestra Hall attendee pays an average of $10 to park during a performance in nearby ramps – and nearly $900,000 in anticipated food and beverage rental at the Minneapolis Convention Center down the street.

For Minneapolis restaurants like MASA, the toll was high. Minneapolis finance officials estimate city restaurants lost $1.7 million in dining revenues for the season.

The Minnesota Orchestra’s own research says about half of people who attend a performance also dine in downtown Minneapolis. About 30 percent of Orchestra Hall patrons attend matinee performances and spend an average of about $40 at a restaurant. Those attending an evening show at the hall, which is an overwhelming majority of visitors, spend an average of $80 an evening, according to the city.

Full story:
http://www.minnpost.com/business/2014/01/minnesota-orchestra-lockout-over-businesses-and-city-tally-losses


4 Comments
Latest Tips On Share Market link
2/27/2014 08:57:27 pm

Hi,
I must say, what a brief and simple description provided by the author to define the inter-related impact of the financial growth or downfall of any firm on the other. Thanks from the deep of my heart.

Reply
Epicresearch link
8/19/2014 10:43:21 pm

I am very much impressed by the views of the author and admire him. Thanks for such wonderful share.

Reply
wealthbuildup link
12/19/2018 06:25:24 am

All of your blogs are up to date, i appreciate your work. Keep going and update us with your latest and fresh blogs.

Reply
Aurum Financial Services link
1/2/2020 06:06:22 am

am very much impressed by the views of the author and admire him. Thanks for such wonderful share.

<a href="https://www.aurumservice.com/">mcx free tips</a>

Reply



Leave a Reply.

    Author

    ATLSM
    Major-league players, in tune with our community.

    Archives

    July 2020
    November 2019
    May 2017
    April 2017
    February 2017
    July 2016
    December 2015
    March 2015
    February 2015
    October 2014
    August 2014
    July 2014
    February 2014
    January 2014
    December 2013
    November 2013

    Categories

    All

    RSS Feed