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Case Study
Case Study

CubaDupa! Cultural and Economic Powerhouse πŸŽ‰

CubaDupa Festival delivers a $1.17 million economic boost to central Wellington.

01 May 2025

CubaDupa has been a resounding success for Wellington’s economy, particularly for the hospitality and restaurant sectors, due to the following key factors:

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1. Significant Economic Boost

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  • The event generated $4.74 million in spending from midday Saturday to 4 AM Sunday.
  • An extra $1.17 million was spent in total compared to normal periods.
  • Overall, there was a 24% increase in spending, highlighting a direct financial uplift for businesses.

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2. Impact on Hospitality and Restaurants

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  • Spending in the Cuba Street precinct itself increased by 120%, showing that restaurants, bars, and cafΓ©s in the core event area saw a massive surge in business.
  • Hospitality businesses benefited not just during the event but also after CubaDupa ended, with continued spending momentum.
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3. Local Engagement Driving Growth

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  • Locals were the biggest contributors to the economic boost, spending an extra $835K, which is a 37% uplift in their usual expenditure.
  • Total local spending reached $3.11 million, showing strong community support for CubaDupa.
  • This suggests that the event strengthens the local economy by encouraging residents to dine out and enjoy entertainment.

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4. Increased Visitor Spending
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  • Visitors to Wellington also played a role, spending an extra $338K, a 26% uplift compared to a regular weekend.
  • Total visitor spending reached $1.63 million, which likely benefited accommodation providers, restaurants, and nightlife venues.

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Key Insights from New Zealand's largest urban festival:

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βœ… $4.74M total spend – a 33% increase vs. a typical weekend

βœ… 18,412 visitors – up 5,262 people from average visitor count

βœ… Hospitality boom:Restaurants

🍽️ +50% ($932K)Bars & Nightclubs

🍻 +101% ($723K)Fast Food πŸ” +81% ($348K)

βœ… Cuba Precinct spending +120%

βœ… Wellington locals spent an additional $835K (+37%)

βœ… Visitor spend hit $1.63M, up 26%

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During Cuba Dupa and After Cuba Dupa

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True = CubaDupa weekend

False = benchmark

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Where was the spend? (120% increase in cube itself)

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By spending type

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All about the locals

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Visitors

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