{"id":220397,"date":"2022-11-10T14:21:19","date_gmt":"2022-11-10T13:21:19","guid":{"rendered":"https:\/\/www.exitfest.org\/?p=220397"},"modified":"2022-11-10T14:21:19","modified_gmt":"2022-11-10T13:21:19","slug":"research-shows-exit-has-brought-over-e220-million-to-the-serbian-economy","status":"publish","type":"post","link":"https:\/\/www.exitfest.org\/en\/research-shows-exit-has-brought-over-e220-million-to-the-serbian-economy","title":{"rendered":"Research Shows: EXIT Has Brought Over \u20ac220 Million to the Serbian Economy!"},"content":{"rendered":"<p><b>This was shown in the research by \u201cTIM Centar\u201d from Novi Sad, which is conducted every year during the festival, surveying visitors from Serbia, the region, and the world.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The increased economic contribution compared to the previous year, when it amounted to \u20ac18.8 million, is the result of an increase in several key parameters, including\u00a0<\/span><b>record spending and visitation numbers from tourists from abroad.\u00a0<\/b><span style=\"font-weight: 400;\">The EXIT festival also contributes to Novi Sad and Serbia through international promotion, which many experts consider<\/span><b>\u00a0invaluable.\u00a0<\/b><span style=\"font-weight: 400;\">One such expert is a journalist from the prestigious economic magazine<\/span><b>\u00a0\u201cThe Economist,\u201c who said that if Serbia invested its entire budget in PR, it would not achieve what Novak Djokovic and EXIT did for its image.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">This has been confirmed again by the results of this year\u2019s research, according to which most respondents believe that EXIT, along with Novak Djokovic, is the most famous Serbian brand.<\/span><b>\u00a0As many as 89.8% of respondents believe that EXIT has a positive effect on Serbia\u2019s global image<\/b><span style=\"font-weight: 400;\">, while an incredible 97.8% of respondents stated that their opinion of Novi Sad improved or remained the same after visiting the festival!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In July 2022, <\/span><b>more than 200.000 visitors from 107 countries<\/b><span style=\"font-weight: 400;\"> passed through the festival gates, with the most foreign guests coming from <\/span><b>Germany, the UK, Turkey, Hungary, and France<\/b><span style=\"font-weight: 400;\">, while visitors from <\/span><b>Slovenia,<\/b> <b>Bosnia and Herzegovina and Croatia <\/b><span style=\"font-weight: 400;\">are most numerous when it comes to the region.\u00a0 <\/span><b>As many as 91% of visitors came to Novi Sad because of EXIT<\/b><span style=\"font-weight: 400;\">, which proves the festival\u2019s direct positive impact on tourism and the image of Novi Sad and the whole of Serbia. <\/span><b>During the festival, visitors spent an average of \u20ac549 in Novi Sad and Serbia, a 22% increase compared to the previous year<\/b><span style=\"font-weight: 400;\">. Tourists from Western Europe spent an average of \u20ac821, and those from Eastern Europe spent an average of \u20ac720.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The number of non-Serbian visitors is even higher than last year, making up 65.4% of this year\u2019s audience, <\/span><b>a new all-time festival record.<\/b><span style=\"font-weight: 400;\"> EXIT is visited by more fans from <\/span><b>Western Europe (21%)<\/b><span style=\"font-weight: 400;\"> than from <\/span><b>Eastern Europe (12.5%)<\/b><span style=\"font-weight: 400;\">; the number of visitors from the <\/span><b>region<\/b><span style=\"font-weight: 400;\"> is traditionally high \u2013 <\/span><b>24%<\/b><span style=\"font-weight: 400;\">, <\/span><b>7.8% <\/b><span style=\"font-weight: 400;\">of visitors came <\/span><b>from other continents<\/b><span style=\"font-weight: 400;\">, and 71.5% paid for accommodation.<\/span><\/p>\n<p><b>The percentage of new visitors<\/b><span style=\"font-weight: 400;\"> has continued to increase; there were <\/span><b>as many as 50.7% <\/b><span style=\"font-weight: 400;\">among the respondents this year. There were also 38% of new visitors from Serbia this year. The fact that <\/span><b>97.8% of respondents stated that their impression of Novi Sad improved or remained the same after visiting the festival <\/b><span style=\"font-weight: 400;\">is also impressive.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The average age of the visitors who participated in the survey was <\/span><b>25.7<\/b><span style=\"font-weight: 400;\">, a slight decrease compared to the previous year (26.1). Highly educated visitors, including students, made up 77% of the audience. Students made 35% and 58% of visitors were employed. <\/span><span style=\"font-weight: 400;\">As many as <\/span><b>75% <\/b><span style=\"font-weight: 400;\">of respondents believe that <\/span><b>music festivals can create social change<\/b><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\">This year\u2019s edition had a particular focus on <\/span><b>mental health<\/b><span style=\"font-weight: 400;\">, so messages of support and empowerment could be seen all over the Petrovaradin Fortress. This is particularly significant considering that the survey results show that <\/span><b>86% of respondents declared that EXIT positively affected their mental health.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The research was conducted by \u201cTIM Centar\u201d from Novi Sad on a representative sample of <\/span><b>1,350 visitors<\/b><span style=\"font-weight: 400;\"> throughout the festival\u2019s duration. Only visitors who bought tickets were surveyed, while performers, workers, media representatives, sponsors, and institutions were excluded from the research.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This was shown in the research by \u201cTIM Centar\u201d from Novi Sad, which is conducted every year during the festival, surveying visitors from Serbia, the region, and the world. 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