Red Rocks concert-goers spent $717 million in metro Denver in 2022

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Red Rocks concert-goers spent $717 million in metro Denver in 2022
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In 2022, Red Rocks hosted 531,906 out-of-state visitors and 106,454 out-of-region visitors.

The seats were at capacity during the 76th annual Easter sunrise service at Red Rocks Amphitheatre on April 9, 2023 in Morrison.Nearly half of all concert-goers at Red Rocks traveled from out of state last year to see their favorite musicians, spending $305 million in the Denver metro area before and after concerts, according to the first-ever economic impact study of the amphitheater.

“In addition, visitor spending is subject to sales tax and lodging tax, generating more than $20 million per year in tax revenues for state and local governments,” the research film said. “The City and County of Denver alone generates more than $6 million in sales tax revenue from Red Rocks visitor spending.”In turn, that spending helps fund other investments in Denver arts and culture through the collection of the Facilities Development Admissions Tax, BBC wrote.

In addition to generating $6.4 million in sales tax revenue for Denver last year, Red Rocks sent $7.1 million to the state’s coffers, and another $7.5 million for other local governments in the Denver metro area. Despite Red Rocks’ reputation, the venue “must continue to have the resources needed to provide a welcoming, safe, and enjoyable atmosphere for artists and visitors.

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