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12/08/2009
Tall Ships To Boost Belfast Economy
There will be more than a festival of sail in Belfast this coming weekend.
According to Lord Mayor Naomi Long, this week's arrival of the international Tall Ships event could boost the local economy by around £10 million.
The extra income could support around 550 jobs in the tourism sector on the basis that economists calculate that every £1 million of tourism expenditure supports 55 jobs.
Belfast City Council is the biggest single funder of the event, contributing £1.1 million towards the total cost of £2.4 million.
Other funding has been provided by Belfast Harbour Commissioners, Northern Ireland Tourist Board, the Department of Culture, Arts and Leisure and the Department of Social Development.
The Lord Mayor said: "It has been a long held ambition of Belfast City Council to bring the Tall Ships back to the city since the last highly successful visit in 1991.
"This will be the biggest event that Belfast has ever hosted and the single biggest event on this island this year.
"We will have visitors from all over the world and they will enjoy the warmth and hospitality for which Belfast people are renowned.
"No-one could have foreseen the dramatic improvements in our city in the intervening years since 1991 and I am delighted that we have managed to retain what was best about our city and marry it with the new, to make Belfast an exciting happening place," she commented.
"The council has taken the decision to invest heavily in the event because we are aware of the benefits the Tall Ships can bring in terms of revenue.
"I confidently believe that the city’s economy could be boosted to the tune of £10 million," she continued, noting that hundreds of thousands of people will visit the city during the four days.
Many will be staying over in hotels and guest houses, eating in the restaurants and will also take the opportunity to shop in the city.
The Tall Ships festival will run from August 13-16 and consists of a range of free activities and entertainment, including fireworks, continental markets, funfairs and concerts, all based around the docks area of the city.
Full details are on the councils website: www.belfastcity.gov.uk/tallships or www.gotobelfast.com
(BMcC/KMcA)
According to Lord Mayor Naomi Long, this week's arrival of the international Tall Ships event could boost the local economy by around £10 million.
The extra income could support around 550 jobs in the tourism sector on the basis that economists calculate that every £1 million of tourism expenditure supports 55 jobs.
Belfast City Council is the biggest single funder of the event, contributing £1.1 million towards the total cost of £2.4 million.
Other funding has been provided by Belfast Harbour Commissioners, Northern Ireland Tourist Board, the Department of Culture, Arts and Leisure and the Department of Social Development.
The Lord Mayor said: "It has been a long held ambition of Belfast City Council to bring the Tall Ships back to the city since the last highly successful visit in 1991.
"This will be the biggest event that Belfast has ever hosted and the single biggest event on this island this year.
"We will have visitors from all over the world and they will enjoy the warmth and hospitality for which Belfast people are renowned.
"No-one could have foreseen the dramatic improvements in our city in the intervening years since 1991 and I am delighted that we have managed to retain what was best about our city and marry it with the new, to make Belfast an exciting happening place," she commented.
"The council has taken the decision to invest heavily in the event because we are aware of the benefits the Tall Ships can bring in terms of revenue.
"I confidently believe that the city’s economy could be boosted to the tune of £10 million," she continued, noting that hundreds of thousands of people will visit the city during the four days.
Many will be staying over in hotels and guest houses, eating in the restaurants and will also take the opportunity to shop in the city.
The Tall Ships festival will run from August 13-16 and consists of a range of free activities and entertainment, including fireworks, continental markets, funfairs and concerts, all based around the docks area of the city.
Full details are on the councils website: www.belfastcity.gov.uk/tallships or www.gotobelfast.com
(BMcC/KMcA)
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