These are the base points and i just need in relation to the Sydney Festival and articles to support each of these impacts

• Local Businesses and Economy:Local businesses, including restaurants, hotels, and retail stores, may experience increased foot traffic and customer spending during the festival. This can boost their revenue and potentially lead to job creation. Conversely, businesses not directly involved in the festival may face challenges due to road closures, increased competition, or disruption caused by the event.
• Residents and Community:The festival can have both positive and negative effects on local residents. On one hand, it may provide cultural enrichment, entertainment, and a sense of community pride. On the other hand, residents might face inconvenience due to traffic congestion, noise, and crowd-related issues. Balancing these impacts is crucial to maintain community support.
• Tourism and Hospitality Industry:The festival can attract domestic and international tourists, leading to increased bookings for accommodations, restaurants, and transportation services. The tourism industry may benefit significantly from the influx of visitors, generating revenue for the local economy. However, if not managed well, overcrowding and strain on resources might have negative consequences.
• Cultural and Arts Organizations:The festival can provide a platform for local and international artists to showcase their work and gain exposure. Cultural institutions and artists may experience increased visibility, networking opportunities, and potential collaborations. However, there could be challenges in terms of competition for funding, venue availability, and logistical support.