Tourism Benefits
Through the Singapore Arts Festival and Edinburgh Festival Fringe, there are several benefits that can surface through this event
Temporary employment – a large amount of temporary employment can be created through these two events. During the period of the festival, there will be a need for temporary employment as they don’t need many of these staffs to work for long term as it would be wasting their resource. Examples of such temporary employment are ushers, shuttle drivers, ticketing officers and security guards.
Tourist receipts – Foreign tourists who visit the Singapore Arts Festival and the Edinburgh Festival Fringe are bound to spend some form of money when visiting the host nation, be it for shopping, food, or transportation.
Tax revenue – Many of the organisations will experience an increase in sales for their products during the festival period, and when their revenue increase, they also must pay more tax. Therefore, tax revenue for the government increases.
Tourism numbers – the number of tourists who visit the host nation during the period of the festival would definitely increase, thus the tourism numbers for the host nation would increase.
Host nation profile – as there will most likely be some form of media coverage during the duration of the event, therefore, the profile of the host nation, be it Singapore or the UK will also most likely increase.
Business opportunities – there will be organisations who will be tempted, or want to visit Singapore or the UK for BTMICE activities during the duration of the event. Therefore, there will also be an increase in the number of BTMICE activities for the industry.
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