News: 2024.03.15
The author roughly estimates that the six consecutive "Era Tour Concerts" boosted Singapore's GDP by 0.2 percentage points. This shows the positive impact of cultural activities on the economy. These concerts attract a large number of tourists and bring huge economic value to local businesses and tourism.
In addition to the revenue generated from the 300,000 tickets sold, these events have also driven the development of surrounding industries. For example, the catering industry, hotel industry, transportation industry, etc. have benefited a lot from these concerts. This phenomenon of "event economy" is not just a concert, but also an active manifestation of the entire city's economy.
Cultural activities are not just entertainment, but also an economic driver. By holding various cultural activities, we can attract more tourists and promote the development of the local economy. This "cultural tourism" model has become one of the important strategies for the development of many cities.
Cultural activities are not only for economic benefits, but more importantly, they create a lively atmosphere for the city. This atmosphere can attract more tourists and investors, further promoting the development of the city. Therefore, the government and enterprises should increase their support and investment in cultural activities.
The rise of the “event economy” demonstrates the importance of cultural activities to the economy. By holding various cultural activities, it can drive the development of the local economy and promote the prosperity and progress of the city. Therefore, we should actively support and participate in various cultural activities to jointly create a more prosperous society.