• Sat. Jun 3rd, 2023

Newport’s economy left booming following ‘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 following The Ocean Race created a pit quit in the City by the Sea ahead of 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 Learn Newport.

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

When asked how significantly specifically the city profited from this, Smith stated they’re nevertheless in the early phases of assessing the financial effect. He stated it will take “weeks if not months” ahead of 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 perhaps 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 perhaps was a “gigantic kickstart” for the tourism season.

Will Newport be prepared to host future Ocean Race events?

“You know, that is a terrific query since you get so excited and so exhilarated following you do 1 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.”

On the other hand, whilst Smith stated he “can’t genuinely speak on behalf of [Sail Newport] at this time,” he believes the city impressed persons sufficient that they may possibly be invited to bid once more.

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

But will you be prepared?

“Speaking on behalf of Learn Newport, we absolutely would be but we’re not the only organization accountable for this excellent 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 suitable on target, which is what he says they had 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 quite effective occasion for the city of Newport.”

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

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