WrestleMania 29 brings over $100 million in economic impact to NJ/NY
WWE issued a press release today along with New Jersey Governor Chris Christie announcing that WrestleMania 29 generated $101.2 million in economic impact for the New Jersey/New York region this past April, according to a study conducted by the Enigma Research Corporation.
This marks the second consecutive year that WrestleMania generated more than $100 million in economic impact for its host city.
“On behalf of the great state of New Jersey, we thank all of WWE’s devoted fans who descended on our region from all over the world to be a part of WrestleMania,” said Governor Chris Christie. “The entire week of events helped generate a tremendous boost for our economy, and we look forward to the possibility of MetLife Stadium hosting a future WrestleMania.”
George Fertitta, CEO of NYC & Company, thanked the WWE for its continued support to the city.
“WrestleMania 29 was a tremendous success for WWE and New York City. Fans took advantage of all that our region has to offer, including the best hotels, restaurants, retailers, cultural and entertainment options in the world. We are grateful to WWE for its continued support of our City.”
Fans from all 50 states and 34 countries attended WrestleMania earlier this year. Key highlights from the study include: $101.2 million of direct, indirect and induced impact derived from spending by non-locals visiting specifically for WrestleMania 29; 54% of fans that attended WrestleMania were from outside the New York/New Jersey area and stayed an average of four nights; The economic impact derived from WrestleMania Week was equal to the creation of 943 full-time jobs for the area; $5.2 million was spent by non-locals at New Jersey and New York restaurants.