• Tue. Jun 6th, 2023

Newport’s financial system left booming after ‘marquee occasion,’ The Ocean Race


May 26, 2023

Individuals are seen strolling round downtown Newport throughout The Ocean Race. (WLNE)

NEWPORT, R.I (WLNE) — Newport’s financial system was left booming after The Ocean Race made a pit cease within the Metropolis by the Sea earlier than crusing away to its subsequent vacation spot.

“[The Ocean Race] generat[ed] tens of hundreds of thousands of {dollars} for town and state financial system,” mentioned Evan Smith, president of Uncover Newport.

That is the third Ocean Race Newport has hosted. This yr, mentioned Smith, the race attracted over 100,000 folks.

When requested how a lot precisely town profited from the occasion, Smith mentioned they’re nonetheless within the early phases of assessing the financial affect. He mentioned it’ll take “weeks if not months” earlier than they launch a complete financial affect assertion.

“We’re simply thrilled that it was right here,” mentioned Smith. “It began our tourism season — our peak tourism season is Could by means of October.”

He added that to have a “world occasion — a marquee occasion” come to Newport within the first two weeks of Could was a “gigantic kickstart” for the tourism season.

Will Newport be able to host future Ocean Race occasions?

“You already know, that’s an ideal query since you get so excited and so exhilarated after you do considered one of this stuff. It’s important to step again and assess it,” replied Smith. “Sail Newport deserves mountains of credit score for all of the work they did.”

Nonetheless, whereas Smith mentioned he “can’t actually converse on behalf of [Sail Newport] right now,” he believes town impressed folks sufficient that they could be invited to bid once more.

“Whether or not we are going to go ahead and transfer ahead with one other bid — that might be one other dialog for an additional day,” he mentioned.

However will you be prepared?

“Talking on behalf of Uncover Newport, we actually can be however we’re not the one group answerable for this incredible occasion” concluded Smith.

Additionally happy with the income The Ocean Race delivered to Newport was Mayor Xaykham Khamsyvoravong, who mentioned the attendance numbers got here in proper on the right track, which is what he mentioned they have been hoping for from the occasion.

“We had an unbelievable quantity of protection that got here with it. We had a number of on the water followers as nicely,” mentioned Khamsyvoravong. “It was a really profitable occasion for town of Newport.”

The Ocean Race remains to be in progress with groups heading to the subsequent vacation spot — Aarhus, Denmark.

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