San Francisco anticipates that a series of upcoming concerts, including major acts like Dead & Company and the Outside Lands Festival, will enhance its economic landscape. The city leaders initiated a 60th anniversary celebration for the Grateful Dead, emphasizing the three weeks of live music. Mayor Daniel Lurie declared San Francisco a music capital during this period. The previous Dead and Company performance significantly contributed to local finances, raising hotel demand by 53%. City officials aim for sustained tourist interest and economic benefits across various sectors.
Dead and Company's 2023 Oracle Park performance brought in $31 million to the city. And this time, leaders say hotel demand is up 53%.
Officials hope all of these events are not only bringing in returning tourists to the city, but also new ones.
For the next three weeks, San Francisco is going to be the music capital of the world, said Mayor Daniel Lurie.
The economic impact that it has on the city, is it exorbitant? And it doesn't just help the hotels, but it helps retail and small business and restaurants.
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