Holiday spending: Carmel leaders seek answers on Christkindlmarkt.

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  • Author(s): Bradley, Daniel
  • Source:
    Indianapolis Business Journal. 11/22/2024, Vol. 45 Issue 40, p1A-26A. 3p.
  • Additional Information
    • Subject Terms:
      COVID-19 pandemic; CHRISTMAS; FESTIVALS; COST; MAYORS
    • Abstract:
      Carmel leaders are seeking answers on the financial sustainability of the popular German-themed Christmas festival, Carmel Christkindlmarkt, which has incurred over $8 million in city expenses since its inception in 2017. A new committee has been formed to evaluate the festival's finances and governance structure to ensure its long-term success and financial independence. The festival, which draws hundreds of thousands of visitors, has become a tradition in Carmel, contributing to the local economy and community spirit. [Extracted from the article]
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