Analysis of economic efficiency and impact on the economy of the region of the music festival «Colors of Ostrava»

The article is devoted to the study of the annual open-air music festival "Colours of Ostrava", which is one of the world leaders in this segment. The purpose of the study is to assess the economic efficiency and impact on the economy of the region of a specific cultural event. As a result of the study, specialists of the domestic tourism industry will receive information that is a guideline for the development of cultural-event tourism in the Russian Federation.