Pokémon GO Fest Creates Millions for Local Economies

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Pokémon GO Fest, the annual augmented reality (AR) gaming event hosted by Niantic, has once again generated millions of dollars in economic impact for the cities that host it. According to a report by Statista, the 2023 Pokémon GO Fest events in New York, Osaka, and London generated a combined $323 million in economic impact, including $73.8 million in tax revenue.

Key Highlights:

  • Pokémon GO Fest 2023 generated over $300 million in economic impact for the cities of New York, Osaka, and London.
  • The event attracted over 194,000 attendees from around the world, many of whom were first-time visitors to the host cities.
  • Local businesses, such as hotels, restaurants, and shops, saw a significant boost in sales during the event.
  • The economic impact of Pokémon GO Fest underscores the popularity of the game and its ability to bring people together.

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The event attracted over 194,000 attendees from around the world, many of whom were first-time visitors to the host cities. In New York City alone, Pokémon GO Fest generated $140.1 million in economic impact and $28.1 million in tax revenue.

Local businesses, such as hotels, restaurants, and shops, saw a significant boost in sales during the event. According to a survey by Niantic, 84% of Pokémon GO Fest attendees said they spent money at local businesses during the event. The average attendee spent $650, with many spending much more.

Pokémon GO Fest: A Global Phenomenon

Pokémon GO Fest is a global event that has been held in over 20 cities around the world since its inception in 2017. The event typically features exclusive in-game content, such as rare Pokémon encounters, special bonuses, and unique items.

Pokémon GO Fest: A Boon for Local Economies

The economic impact of Pokémon GO Fest is significant for the cities that host it. The event brings in visitors from all over the world, who spend money on hotels, restaurants, shops, and other businesses.

In addition to the direct economic impact, Pokémon GO Fest also helps to promote tourism and raise the profile of the host cities. The event is often covered by major media outlets, which helps to showcase the city to a global audience.

Pokémon GO Fest is a popular and successful event that has a significant impact on the local economies of the cities that host it. The event brings in visitors from all over the world, who spend money on hotels, restaurants, shops, and other businesses. In addition to the direct economic impact, Pokémon GO Fest also helps to promote tourism and raise the profile of the host cities.