Beruflich Dokumente
Kultur Dokumente
REPORT
Prepared: 23/10/2012 10:57:00
Project details
Project Name:Herne Bay Festival Created:20/09/2012 Description:
REPORT
Prepared: 23/10/2012 10:57:00
Project details
Project Name:Herne Bay Festival Created:20/09/2012 Description:
Output - Economic
REPORT
Prepared: 23/10/2012 10:57:00
Project details
Project Name:Herne Bay Festival Created:20/09/2012 Description:
Output - Economic Total number of participants / attendees:21000 Number of visits generated by event(s) (total) (1):4760.00 Number of visits generated by event(s) which involved visitors staying in paid accommodation:466.66 Participant / attendee spend generated (total):837,068.44
There is a margin for error of (+/-)6.41% associated with the participant questionnaire data (used to estimate spend by participants). Margin for error for individual questions may be higher where not all respondents provided an answer. Definitions Economic activity refers to the overall amount of money that was spent due to the project. This includes money spent by participants / attendees in order to take part in the project + money spent by the organisation(s) delivering the project. Not all economic activity can be categorised as 'economic impact'. Economic impact refers to 'new' money that has been 'injected' into the 'Geographic Area of Interest' economy (from outside) that would not otherwise have been present had the project not taken place. So for example, all money spent by project participants / attendees that live close to where the project event(s) / activit(ies) took place (i.e. within the 'Geographic Area of Interest') is excluded from the 'economic impact' estimate (money spent by this group of people is viewed as money which would have been spent in the local 'Geographic Area of Interest' economy with or without the project). Also, only money spent by participants / attendees that were motivated to visit the area where the event(s) / activit(ies) took place BECAUSE of event(s) /activit(ies) is included. Similarly, when it comes to working out the 'economic impact' associated with spend by the organisation(s) delivering the project, only money (sourced from funders based outside the Geographic Area of Interest) that is spent on services / products provided by individuals / organisations based inside the Geographic Area of Interest 'counts' as economic impact.
Output - Economic Total number of participants / attendees:21000 Number of visits generated by event(s) (total) (1):4760.00 Number of visits generated by event(s) which involved visitors staying in paid accommodation:466.66 Participant / attendee spend generated (total):837,068.44 Spend by delivery organisation(s) (total):51,435.28 Total economic activity:888,503.72 Additional spend by participants / attendees (attributable) (2):125,909.65 Additional spend by delivery organisation(s) (attributable) (4):-43,940.00 Total economic impact (before multiplier):81,969.65 Total economic impact (after multiplier) (5)102,462.06
Total number of participants / attendees:21000 Number of visits generated by event(s) (total) (1):4760.00 Number of visits generated by event(s) which involved visitors staying in paid accommodation:466.66 Participant / attendee spend generated (total):837,068.44 Spend by delivery organisation(s) (total):51,435.28 Total economic activity:888,503.72 Additional spend by participants / attendees (attributable) (2):125,909.65 Additional spend by delivery organisation(s) (attributable) (4):-43,940.00 Total economic impact (before multiplier):81,969.65 Total economic impact (after multiplier) (5)102,462.06