Spraoi street arts festival brings €3m economic boost to city

A recent street arts festival in Waterford brought in an economic boost of over €3m to the city, according to Fáilte Ireland.

Figures contained in a statistical analysis prepared for Spraoi, the company who have been staging the festival each year since 1993, showed last month’s event brought additional footfall of 110,000 people to Waterford’s city centre.

The survey revealed that the recently-introduced format, which saw the traditional Spraoi parade taking place on the Saturday night of the festival, with a concert and fireworks display the following night, improved visitor numbers and spread business over the course of the weekend.