1.2M spectators to see Dinagyang 2014-A A +A
Thursday, December 19, 2013
ILOILO City's premier tourist attraction will once again bring in more than 1.2 million spectators to enjoy and feel the beat of the Dinagyang Festival slated in the fourth week of January every year.
Iloilo Dinagyang Foundation chairman Ramon Cua Locsin said the 2014 festival will bring in more foreign visitors and spectators as inquiries started to come in from other countries for hotel reservations this early.
Foremost are Filipino balikbayans who have heard the world-famous festival in Iloilo City.
Also coming in are groups from Canada, United States, China, and Korea who made the necessary reservations for performance tickets and hotels.
Locsin said the Dinagyang Festival in 2013 netted in P21.09 million in total receipts, including the 2013 Dinagyang festival receipts of P18.73 million and promotional activities worth P2.35 million.
Expenses totaled P20.9 million, which include P15.2 million as Dinagyang festival expenses and promotional activities expenses of P5.6 million.
The receipts cover City Government support of P7 million, corporate sponsorship of P7.4 million and miscellaneous of P4.2 million.
The 2013 Dinagyang promotional activities include the 2012 Guam receipts of P1.3 million, 2013 Aliwan Festival receipts of P1 million and interest income on bank deposits amounting P13,028.
The 2013 expenses include anti-atihan contest of P4.71 million; Kasadyahan contest of P1.78 million; Miss Dinagyang P600,000; drum and bugle P328,000; fireworks P1 million; launching P46,097; support group P5,34 million; special events P697,519 and operating expenses P735,535.
The 2013 expenses for promotional activities totaled P5.69 million which include participation in the 2013 Aliwan Festival of P3.06 million; corporate social responsibility P360,000; 2012 Guam trip P2.15 million; Galing Pook visit P72,613; and miscellaneous of P40,500.
With all the income and expenses accounted for, there is a net surplus of P158,524, Locsin added. (LCP)