The value of the event is thought to have increased by at least a quarter in the space of eight years as both its programme and audience have swelled in size.
The Fringe is a key player in promoting Edinburgh, Scotland and the UK’s international reputation...Shona McCarthy, Chief Executive, Edinburgh Festival Fringe Society
The Fringe has also highlighted that more than 600,000 tickets are now sold to people in Edinburgh for shows - representing around a fifth of all admissions. Further ticket sales across Scotland make up another 17 per cent of the official box office takings.
The Fringe is now by far Scotland’s most lucrative regular sporting or cultural event, well ahead of the Open golf tournament, which generated £140 million when it was last staged in St Andrews. The Royal Edinburgh Military Tattoo, which has sold out for the last two decades, is currently worth aroud £77 million.
Latest figures show that the Fringe is now supporting 2842 jobs in Edinburgh each year, as well as another 3400 across the country. Admissions have leapt up by around 45 per cent since 2010, and by nearly a quarter in the last three years alone, to a record 2.83 million. The Fringe has also seen the number of shows staged leap up from 2453 to 3548 in the last eight years - a rise of 45 per cent...