According to the most recent statistics, under 400,000 people live in Orleans Parish. In a regular year, around 19 million people come to visit us. These tourists spend a total of close to $10B. This reportedly contributes a massive 40% of the city’s annual tax revenue.

Is having a tourist-dependent economy good for us? Or bad for us? Well, that depends who you ask.

Many people who work in hospitality point out that their jobs are poorly-paid, with few if any benefits. There’s no job security. And they claim that a tourist-based economy traps them - and the city - in a cycle of poverty that does nothing but perpetuate a glaring wealth gap.

On the other hand, people in organizations that promote New Orleans tourism – whose incomes are typically substantially larger than hospitality workers - claim tourism is vital. They say that without tourism our individual taxes would have to increase by thousands of dollars a year, and our entire city economy would be strained to the point of collapse.

Which side of this argument is true? Petr Ricchiuti puts that question to Dr. Andrew Ward. Dr. Ward is an Assistant Professor of Political Science and International Development at Tulane University, and he specializes in a branch of practical study called Sustainable Tourism.

In 2018 we introduced you to Allison Albert Ward. At that time, Allison had quit her job as an accountant and founded a company called Pet Krewe, making costumes for pets. That has turned out to be a good move. Today, Pet Krewe’s costumes are sold in 600 independent stores and several mass retailers in the United States. They’re also sold internationally. Outside of China, Pet Krewe is the biggest pet costume company in the world.

But, even after achieving world domination, Pet Krewe is not slowing down. They’ve formed partnerships with Hasbro, Sesame Street, and others, and their business continues to grow by hundreds of percent a year.

If you’re a regular listener to Out to Lunch you might have noticed that on each show we usually invite guests who have something in common. So, you might be wondering what the link could possibly be between sustainable tourism and pet costumes. Well, there is one. Marriage. Andrew Ward and Allison Albert Ward are married. To each other.

Unless you happen to be friends with them and hang out with Andrew and Allison Albert Ward, it’s unlikely you’ve heard a discussion about pet costumes and sustainable tourism anywhere else recently. Or ever. 

In the days before social media, traditional media outlets bolstered their reputation as information sources by scooping each other – getting a story first and owning it. These stories were billed as “exclusive,” meaning it was content you could get from one place and one place only. Today, information spreads around the world in moments. We’re all instantly reading and hearing versions of the same content. Except, that is, for this conversation. You won't hear anything like this conversation, anywhere.

Out to Lunch is recorded live over lunch at NOLA Pizza in the NOLA Brewing Taproom. You can see photos from this show by Jill Lafleur. at our website itsneworleans.com. And check out Allison's Albert Ward's first appearance on Out to Lunch.

According to the most recent statistics, under 400,000 people live in Orleans Parish.&nbsp;In a regular year, around 19 million people come to visit us.&nbsp;These tourists spend a total of close to $10B. This reportedly contributes a massive 40% of the city&rsquo;s annual tax revenue.
Is having a tourist-dependent economy good for us? Or bad for us?&nbsp;Well, that depends who you ask.
Many people who work in hospitality point out that their jobs are poorly-paid, with few if any benefits. There&rsquo;s no job security. And they claim that a tourist-based economy traps them - and the city - in a cycle of poverty that does nothing but perpetuate a glaring wealth gap.
On the other hand, people in organizations that promote New Orleans tourism &ndash; whose incomes are typically substantially larger than hospitality workers - claim tourism is vital. They say that without tourism our individual taxes would have to increase by thousands of dollars a year, and our entire city economy would be strained to the point of collapse.
Which side of this argument is true? Petr Ricchiuti puts that question to <a href="https://liberalarts.tulane.edu/departments/political-science/people/andrew-ward">Dr. Andrew Ward</a>.&nbsp;Dr. Ward is an Assistant Professor of Political Science and International Development at Tulane University, and he specializes in a branch of practical study called Sustainable Tourism.
In 2018 we introduced you to Allison Albert Ward. At that time, Allison had quit her job as an accountant and founded a company called <a href="https://petkrewe.com/">Pet Krewe</a>, making costumes for pets.&nbsp;That has turned out to be a good move. Today, Pet Krewe&rsquo;s costumes are sold in 600 independent stores and several mass retailers in the United States. They&rsquo;re also sold internationally. Outside of China, Pet Krewe is the biggest pet costume company in the world.
But, even after achieving world domination, Pet Krewe is not slowing down. They&rsquo;ve formed partnerships with Hasbro, Sesame Street, and others, and their business continues to grow by hundreds of percent a year.
If you&rsquo;re a regular listener to Out to Lunch you might have noticed that on each show we usually invite guests who have something in common.&nbsp;So, you might be wondering what the link could possibly be between sustainable tourism and pet costumes. Well, there is one. Marriage.&nbsp;Andrew Ward and Allison Albert Ward are married. To each other.
Unless you happen to be friends with them and hang out with Andrew and Allison Albert Ward, it&rsquo;s unlikely you&rsquo;ve heard a discussion about pet costumes and sustainable tourism anywhere else recently. Or ever.&nbsp;
In the days before social media, traditional media outlets bolstered their reputation as information sources by scooping each other &ndash; getting a story first and owning it. These stories were billed as &ldquo;exclusive,&rdquo; meaning it was content you could get from one place and one place only.&nbsp;Today, information spreads around the world in moments. We&rsquo;re all instantly reading and hearing versions of the same content.&nbsp;Except, that is, for this conversation. You won't hear anything like this conversation, anywhere.
Out to Lunch is recorded live over lunch at&nbsp;<a href="https://nolapizzaco.com/">NOLA Pizza</a>&nbsp;in the&nbsp;<a href="https://www.nolabrewing.com/">NOLA Brewing Taproom</a>. You can see photos from this show by <a href="https://www.lafleurphoto.com/">Jill Lafleur</a>. at our website <a href="https://itsneworleans.com/2022/04/20/pet-tourism/">itsneworleans.com</a>. And check out <a href="https://itsneworleans.com/2018/02/01/unicorn-504-out-to-lunch-its-new-orleans/">Allison's Albert Ward's first appearance on Out to Lunch</a>.

OUT TO LUNCH finds economist and Tulane finance professor Peter Ricchiuti conducting business New Orleans style: over lunch at Commander’s Palace restaurant. In his 9th year in the host seat, Ricchiuti’s learned but uniquely NOLA informal perspective has established Out to Lunch as the voice of Crescent City business. You can also hear the show on WWNO 89.9FM.

OUT TO LUNCH finds economist and Tulane finance professor Peter Ricchiuti conducting business New Orleans style: over lunch at Commander&rsquo;s Palace restaurant. In his 9th year in the host seat, Ricchiuti&rsquo;s learned but uniquely NOLA informal perspective has established Out to Lunch as the voice of Crescent City business. You can also hear the show on WWNO 89.9FM.

Tulane finance professor Peter Ricchiuti conducting business New Orleans style: over lunch at Commander's Palace restaurant.

It's New Orleans: Out to Lunch

OUT TO LUNCH finds the country's most entertaining finance professor Peter Ricchiuti conducting business New Orleans style: over lunch. Each week Peter invites guests from the New Orleans business world to join him, sometimes for fine dining others for pizza. From CEO's to startups, managers, musicians, biomed needle-movers, Silicon Bayou success stories and entrepreneurs of all stripes put aside the elevator pitch and the talking points and actually enjoy themselves. It's business, New Orleans style. 
You can also hear the show on WWNO 89.9FM.

OUT TO LUNCH finds the country's most entertaining finance professor <a href="https://freeman.tulane.edu/faculty-research/finance/peter-ricchiuti">Peter Ricchiuti </a>conducting business New Orleans style: over lunch. Each week Peter invites guests from the New Orleans business world to join him, sometimes for fine dining others for pizza. From CEO's to startups, managers, musicians, biomed needle-movers, Silicon Bayou success stories and entrepreneurs of all stripes put aside the elevator pitch and the talking points and actually enjoy themselves. It's business, New Orleans style. You can also hear the show on <a href="https://www.wwno.org/show/out-to-lunch">WWNO 89.9FM</a>.

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