Study: Coachella, Stagecoach, & Desert Trip are bringing a ton of money to the local economy

The Rolling Stones will play Friday night of each weekend of 'Desert Trip'
The Rolling Stones will play Friday night of each weekend of ‘Desert Trip’

While it is already common knowledge that Coachella and Stagecoach bring a bunch of cash into the Coachella Valley economy, a new study says that the amount will double this year with the addition of Desert Trip.

While the three weekends of Spring festivals have an economic impact of more than $403 million in the desert, the additional two weekends in the fall for Desert Trip is going to bring in a lot more. Via LA Times:

And with the addition of a third festival slated for October, dubbed Desert Trip, the projected economic impact of all the music celebrations combined will nearly double to $805 million, said Michael Bracken, managing partner and chief economist at Development Management Group, the contract economist for Goldenvoice, the promoter of the festivals.

Now sure.  A study paid for by the promoter to show how awesome their festivals are for the Coachella Valley might be a just a bit biased and who knows what the actual number of dollars are that end up in the hands of local businesses  – but, anyone who is not trying to scare you into their tv show can clearly see that a ton of people come out to the desert for the festivals and spend a boatload of cash.

Now if we could just get some of those fest goers to pick up their trash.