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Adelaide Festival 2020 Announces $70 Million Economic Impact

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Adelaide Festival 2020 Announces $70 Million Economic Impact Image

Joint Artistic Directors Neil Armfield AO and Rachel Healy's fourth Adelaide Festival generated an estimated gross expenditure of $70.2 million for the state of South Australia.

This figure is included in a 2020 Economic Assessment report by Barry Burgan on behalf of Economic Research Consultants, commissioned by the Adelaide Festival. The report indicated that total new expenditure in South Australia due to the Festival amounted to $24.8 million (an increase from $20 million in 2019) while net impact or newly created incomes on the Gross State Product, is estimated at $30 million (up from $23 million in 2019) including the creation of the equivalent of 286 full time jobs (increase from 216 in 2019). The report also showed that 17,105 visitors came from interstate or overseas for the Festival (decrease from 19,046 in 2019) with visitor bed nights 132,058 (decrease from 141,258 in 2019).

At the conclusion of the Adelaide Festival in March, it was announced that it generated the second highest box office in the event's 60-year history, achieving a total box office income in excess of $5.3 million.

The stand-out events were Romeo Castellucci's Requiem which saw a quarter of its 7000-strong audience drawn from interstate. The Doctor starring Juliet Stevenson was a crowd favourite with 7,000 people attending the 13 sold-out performances at the Dunstan Playhouse. Fire Gardens by French artistic collective Compagnie Carabosse, was particularly well attended with 38,000 tickets sold across four nights of the final weekend.

Chair of Adelaide Festival Board Judy Potter said: "The 2020 results are that much more significant given the challenges and uncertainty that unfolded in the final week of the Festival, so it is with great pride and satisfaction that we have the opportunity to see the economic impact this remarkable event had on South Australia."

Joint Artistic Directors Rachel Healy and Neil Armfield said: "It is wonderful to learn about the economic impact the 2020 Adelaide Festival had on South Australia, even though what we've experienced over the past three months sometimes feels like it has eclipsed everything that came before it. There was so much joy and cultural nourishment in the 2020 Adelaide Festival; not only did it again prove its importance to the South Australian economy through local employment, ticket sales and attendances, but also in the pleasure of bringing artists, audiences and communities together. What has become most apparent in the absence of live performance is the importance of communal experiences, the palpable sense of occasion and the irreplaceable magic that live performance brings to our lives."

The 2020 Adelaide Festival by numbers:
$70.2 million gross expenditure generated for SA
$24.8 million new expenditure in SA
$30 million net impact on the Gross State Product
17,105 visitors to the state
132,058 visitor bed nights
286 jobs (full time equivalent)
73 ticketed events
1205 performances (includes 109 Writers' Week sessions + Kids' day +YA day and 140 WOMADelaide performances)
7 world premieres and 16 Australian premieres
19 events exclusive to Adelaide
951 artists from 39 countries





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