Today Warstein is an attractive town offering many interesting sights and activities both in the town itself and in the beautiful surrounding countryside. There is a rich cultural life especially where music is concerned . The international Montgolfiade (hot air balloons) is a wonderful spectacle while the annual Warsteiner beer festival and Warsteiner Champions Trophy (horse riding) have much to offer. Economically Warstein benefits from large employers like the Warsteiner brewery and AEG but also from the range of smaller companies engaged in wood working, metal working, the energy sector and electro/electronics.   The town is also a popular holiday area offering, among other things, watersports, walking and, in winter, cross country skiing. There is plenty of accommodation and camping available. Other places of interest include caves that have stalactites, a wildlife park and nearby the Moehnesee and the Moehne Dam.