This year’s Busan International Film Festival, or BIFF, has exerted influence on tourism, businesses and the local film industry.
According to the Bank of Korea’s report titled ‘BIFF’s Contribution to Film, Tourism, and Related Businesses’, revenue and the number of the visitors to the event reached 35 billion won and 450,000 visitors, a 7 percent increase and 4.6 percent increase from 2014, respectively.
Sales at local restaurants and hotels posted even bigger gains at 15 percent over numbers achieved last year.
The number of the tourists visiting Busan to attend the festival increased by 22.1 percent, similar to other big events in the city such as the Jagalchi Festival, Bosudong Book Alley Culture Festival and Dongnae Eubseong History Festival.
Source: Busan eFM News
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