• Wed. Jun 7th, 2023

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


May 26, 2023

Men and women are noticed walking about downtown Newport throughout The Ocean Race. (WLNE)

NEWPORT, R.I (WLNE) — Newport’s economy was left booming soon after The Ocean Race produced a pit cease in the City by the Sea just before 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 men and women.

When asked how substantially specifically the city profited from the occasion, Smith stated they’re nonetheless in the early phases of assessing the financial effect. He stated it will take “weeks if not months” just before 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 Could by way of October.”

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

Will Newport be prepared to host future Ocean Race events?

“You know, that is a fantastic query mainly because you get so excited and so exhilarated soon after 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, when Smith stated he “can’t definitely speak on behalf of [Sail Newport] at this time,” he believes the city impressed men and women adequate that they may well be invited to bid once more.

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

But will you be prepared?

“Speaking on behalf of Learn Newport, we surely would be but we’re not the only organization accountable for this superb event” concluded Smith.

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

“We had an remarkable quantity of coverage that came with it. We had a lot of on the water followers as effectively,” stated Khamsyvoravong. “It was a incredibly effective 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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