• Thu. Jun 8th, 2023

Newport’s economy left booming soon after ‘marquee occasion,’ The Ocean Race


May 26, 2023

Persons are noticed walking about downtown Newport in the course of The Ocean Race. (WLNE)

NEWPORT, R.I (WLNE) — Newport’s economy was left booming soon after The Ocean Race produced a pit quit in the City by the Sea prior to sailing away to its subsequent location.

“[The Ocean Race] generat[ed] tens of millions of dollars for the city and state economy,” stated Evan Smith, president of Find out Newport.

This is the third Ocean Race Newport has hosted. This year, stated Smith, the race attracted more than one hundred,000 individuals.

When asked how considerably precisely the city profited from this, Smith stated they’re nonetheless in the early phases of assessing the financial effect. He stated it will take “weeks if not months” prior to they release a total financial effect statement.

“We’re just thrilled that it was right here,” stated Smith. “It began our tourism season — our peak tourism season is May possibly by way of October.”

He added that to have a “global occasion — a marquee event” come to Newport in the initial two weeks of May possibly was a “gigantic kickstart” for the tourism season.

Will Newport be prepared to host future Ocean Race events?

“You know, that is a wonderful query due to the fact you get so excited and so exhilarated soon after you do one particular of these points. You have to step back and assess it,” replied Smith. “Sail Newport deserves mountains of credit for all the function they did.”

Nonetheless, although Smith stated he “can’t genuinely speak on behalf of [Sail Newport] at this time,” he believes the city impressed individuals adequate that they may perhaps be invited to bid once again.

“Whether we will go forward and move forward with a further bid — that would be a further conversation for a further day,” he stated.

But will you be prepared?

“Speaking on behalf of Find out Newport, we undoubtedly would be but we’re not the only organization accountable for this great event” concluded Smith.

Also pleased with the income The Ocean Race brought to Newport was Mayor Xaykham Khamsyvoravong, who says the attendance numbers came in correct on target, which is what he says they have been hoping for from the occasion.

“We had an extraordinary quantity of coverage that came with it. We had a lot of on the water followers as nicely,” stated Khamsyvoravong. “It was a really productive occasion for the city of Newport.”

The Ocean Race is nonetheless in progress with teams heading to the subsequent location — Aarhus, Denmark.

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