An economic impact assessment intoEdinburgh’s year round festivals was carriedout by independent economic consultants in 2004-05, commissioned by the City ofEdinburgh Council, Scottish Enterprise Edinburgh andLothian, EventScotland and VisitScotland.Thestage 1 study estimated that the Edinburgh Summer Festivals in 2004 attracted £134.7million in “new” output to Scotland;Thestage 2 study concluded that the year round festivals programme in 2004-05generated £184 million of “new” output in Scotland (inclusive of summer festivals).