Next week's Honolulu Festival, an annual showcase of Pacific Rim culture and food, is expected to draw roughly 4,700 visitors and pump about $10 million into the local economy. In its 16th year, the event will feature some 120 performing groups over two days at four venues across the city. It opens March 13 and winds up the next day with a parade through Waikīkī. The festival also has grown in popularity with locals and is expected to attract 70,000 kama'āina this year. All events during the two days are free, except for a "Friendship Gala" on Saturday night that is a fundraiser for the Honolulu Festival Foundation, the nonprofit organization that runs the event. The Grand Parade down Kalākaua Avenue starts at 4:30 p.m. March 14 and will feature floats, including one with a "daijayama," or fire-breathing dragon. For a full schedule of events, go to honolulufestival.com.