Wednesday, January 5, 2011

New Year's Eve



It was amazing!!! The sheer number of people who came to Sydney to watch the fireworks brought enormous amounts of income to the government. It draws common people from all over the world as well as wealthy celebrities throwing their New Year’s party. The fireworks were spectacular and innovative (each year a new event is introduced). The music set up was also a good way to draw in people and get them to spend money. I know I danced for about three hours until the fireworks started and many others were doing the same. It was probably a good way to keep people near the shore and have a good time so they might come back in the future. Personally, it was the best time I have ever had in my entire life. This event happens every year because it brings in thousands of tourists which create tax revenue for the government. All sectors of the economy are affected it includes: fast food, fine dining, transit, and other tourist destinations such as the Sydney Harbor Bridge climb and Sydney Opera House tours. Essentially, a 7 million dollar investment yields 150 million dollars which is one of the best returns in the world.
                I would like to ask an expert how they incorporate new things into the New Years Eve celebration to attract a larger crowd. I would also like to know where the most money is raised, whether it is from the food sector, transportation, or accommodations. The last thing I would like to ask is how the government works with corporations to put on these spectacular events.
                This would help the tourist group because the Australian Government receives a large portion of their revenue from this event. It also helps them because they have gotten to see this event and experience everything about this event had to offer.

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