Can festivals bounce back?
Business Daily

Can festivals bounce back?

2022-09-23
The global events industry was valued at more than $1.1 billion in 2019, before the start of the covid-19 pandemic. Live music and concert events alone lost $30 billion in 2020 and most outdoor festivals were cancelled. This year, in 2022, with more people vaccinated around the world, many festivals have managed to return but are having to cope with rising prices and staff shortages, as well as people with less cash to spend. Monica Newton, the CEO of the National Arts Festival in Grahamstown,...
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