Liverpool Biennial to give city economic and cultural boost

This year’s Liverpool Biennial will bring an estimated £21 million to the local economy when it returns to the city between 9 July and 16 October.

The festival, which takes place in galleries, vacant buildings and public spaces across Liverpool, attracted 875,000 visitors in 2014 with over 50% from outside the city region and is expected to be popular again this summer.

Currently 40 international artists are confirmed for the Biennial which, since the first festival in 1999, has provided a strong economic boost to the city and to its cultural reputation.

Sally Tallant, director of Liverpool Biennial, says: “The importance of culture in the city is well documented, but I think sometimes culture’s economic impact on the city and its businesses can be forgotten about.

“Liverpool Biennial welcomes visitors from around the world who come specifically to see the Biennial and stay in Liverpool.”

Following the 2014 Liverpool Biennial, a report found that £20.8m of city income was generated by the 15 weeks prior to the festival which is part of an overall £119.6m economic benefit in the last 10 years.

Overnight visitors are forecasted to spend £11m through accommodation, dining and other attractions while in Liverpool with day visits amassing an estimated £4m from families and coach parties.

Sally adds: “While the Biennial itself is free, the visitors have a significant, tangible impact for hotels, restaurants and bars. This is before even considering the longer-term benefits that come from the city’s growing reputation for culture.”

About Author: YM Liverpool