With Mona Foma finished in Launceston for another year, key events stakeholders have weighed in on the festival and how it benefited the city.
Launceston Chamber of Commerce chief executive David Peach said Mona Foma was a great economic sugar hit.
"On a commercial level I think it's a great event," he said.
"Anything like Mona Foma is a welcome boost."
Mr Peach said it was unfortunate, however, the festival did not see the number of interstate travellers it normally would due to COVID-19.
Visit Northern Tasmania chief executive Chris Griffin echoed the sentiments of Mr Peach in regards to interstate travellers.
"[Mona Foma] was a positive start to 2021 in regards to cultural events," he said.
"These are bright lights and lights at the end of the tunnel in terms of being able to host major events and being able to enjoy them, but there is still work to be done yet."
He said though it was early days, it looked like hospitality and accommodation had a good, solid weekend.
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Cityprom executive officer Amanda McEvoy said the general vibe was that the city had a busy weekend in regards to business.
"We were able to showcase so many of our food and retail outlets to out of towners as well as locals," she said.
Ms McEvoy said Mona Foma delivered an amazing festival and it was important to start 2021 with an influx of visitors.
"Having the investment from arts organisations and places like Mona Foma is essential for confidence at the moment," she said.
"It was definitely what we needed to start the year."
Launceston mayor Albert van Zetten said the feedback he had heard from hospitality, tourism and service providers was that they experienced an increase in business.
"Mona Foma brings an enormous buzz to Launceston whenever it is in town," he said.
"While we've seen plenty of smaller events kicking back into gear recently, it's great to see larger events finding success as well."
Mr van Zetten said he was looking forward to Festivale's reimagined festival and the other events that will populate the Northern Tasmanian calendar in 2021.