Independent festivals contributed over £1bn to UK economy in last 3 years – report

The Association of Independent Festivals (AIF) has published a special 10-year report today confirming that its members contributed an estimated £1 billion in revenue to the UK economy in the three-year period between 2014 and 2017.

Research carried out by AIF, published in the trade body’s 10-year report and presented at the organisation’s 2018 Festival Congress, shows that audiences at AIF Member festivals spent more than £386 million in 2017, with £34.7 million of that being spent in the local area of the festival they attended.

These figures are based on an audience of 800,000 people across 65 AIF member festivals in 2017, with an average spend of £483.14 per head reported by respondents to the annual AIF audience survey.

Source: www.musicbusinessworldwide.com

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