This is an annual event to benefit American Whitewater. Tickets are $20 in advance/$25 at the door.
See some of the best paddling photos and video made this year, and meet those who made it. Speakers that lead adventurous lives will tell their stories. There are silent auctions for whitewater boats, paddles, and other equipment, distillery tours, bourbon tastings, home brew and chili competitions, rock-paper-scissors for big prizes (kayaks!), and much more. See the details at the website:
Depending on water levels and weather, there may also be a paddling opportunity on Elkhorn Creek (Class II-III - Harder than the Pine, easier than the Nantahala). Here's a description of Elkhorn Creek:
The Capital Plaza http://www.capitalplazaky.com/ is my recommendation for a place to stay. It's almost walking distance from the festival, has nice rooms, and the restaurant food is good (and reasonably priced). They also offer a 15% discount for NPFF guests (make sure to ASK for it). Rooms with a King or 2 doubles are $88/night with the discount.
This is a fun event! Frankfort and the surrounding vicinity offer plenty of history and interesting day trips - like Ruth-Ann's Chocolates and distillery tours. About 90+% of the worlds bourbon is made within an hour or so of this city.
Adding a day to the trip is a possibilty if enough folks want to go exploring more.