Palm Springs Economy.

Celebrities still retreat to Palm Springs, but today the city's economy centers on tourism, real estate, health care, shopping and gambling.

It is a city of numerous festivals, conventions and international events. The world's largest rotating tramcars can be found at the Palm Springs Aerial Tramway.
These cars ascend two-and-a-half miles up a steep incline to reveal dramatic, sweeping valley views.

The ascent from desert floor to an altitude in excess of 8,500 feet is accompanied by a drop in temperature of 30 degrees or more, giving riders a cool respite from the heat on a hot summer day.
A wilderness area can be explored at the top of the tram and there is a restaurant with spectacular views.

The Palm Springs International Film Festival presents movie star-filled, red carpet affairs.
The Palm Springs Follies stage-show features performers that are over the age of 55. Every Thursday evening downtown Palm Springs is transformed into Village Fest, featuring a diverse display of arts and crafts, a certified farmer's market, food, and live entertainment on beautiful Palm Canyon Drive.

The Palm Springs Convention Center underwent a multi-million-dollar expansion and remodeling in 2005 The Palm Springs Art Museum presents traveling art exhibitions plus a variety of entertainment in its Annenberg Theater.

The Agua Caliente band of Cahuilla Indians is located downtown with the Spa Resort Hotel and Casino. There are other casinos in the Coachella Valley as well, notably in the cities of Rancho Mirage, Indio, Coachella and Cabazon.

Numerous five star Palm Springs hotels, restaurants and attractions cater to tourists, while shoppers can find high-end boutiques nearby, which include "The River" in Rancho Mirage and "El Paseo" in Palm Desert, the Coachella Valley's answer to Rodeo Drive. There is a water park and several skateboard parks.
Last, but not least, there are hundreds of excellent restaurants throughout the valley.
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