Festival with economic benefits

According to the Lucerne Festival, an impact study shows "the high economic and social value contribution of Switzerland's largest classical music festival for the Lucerne region".

Lucerne (Image: Andyindia)

According to the festival, the study shows that it generates an annual economic value contribution of around CHF 45 to 50 million for the Lucerne region and thus creates around 230 to 270 jobs. The study also shows that the Lucerne Festival generates "significant social benefits that contribute significantly to the cultural and economic development of the region". For example, a festival visitor who stays overnight in the region stays twice as long as a regular tourist.

The impact study was conducted by McKinsey. According to the Lucerne Festival, it is based on detailed visitor surveys with more than 2,000 people, press documentation and data from Lucerne Statistics (LUSTAT), Lucerne Tourism, the University of St. Gallen (HSG), the Swiss National Bank (SNB), the Organization for Economic Cooperation and Development (OECD) and other sources. It is based on figures from the festival in 2023, which were supplemented with data from 2024.

 

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