Falmouth Tall Ships Regatta brings multi-million pound cash boost to Cornwall
All I can say regarding the impact figures of this year's Falmouth Tall Ships Regatta is...HOLY MEATBALLS!
If you haven't already seen the numbers, I can tell you that Cornwall received an enorme economic injection in the region of £20.9 million as a result of the event.
The August Regatta, which is a finalist in the Large Event of the Year category in the UK Event Awards 2014, saw just shy of 200,000 people descend onto Falmouth for four-days of action. 92,000 were made up of you guys, visiting Cornwall on your last minute holidays UK.
The total additional event spend is estimated at a whopping £10.5 million!
The report was commissioned by the main delivery partner of the event, Visit Cornwall, and was conducted by The South West Research Company Ltd to evaluate the value of the event for Falmouth and wider Cornwall.
Away from the financial side, the Falmouth Tall Ships Regatta was the main reason for choosing to visit Cornwall for 66% of visitors and with satisfaction levels at a super impressive 4.73 out of 5, the event inspired 97% to return to Falmouth or visit other parts of Cornwall again.
Falmouth Tall Ships Regatta Chairman, John Hick, said: âFalmouth has done it again â in the spirit of cooperation and partnership we have delivered a truly outstanding event.â
âThere were huge crowds, wonderful weather, the most beautiful ships to look at and everybody was happy, but most importantly the event provided long-term benefits and a lasting legacy.â
Unfortunately I couldn't make it this year due to a hectic schedule with the Foxy Club, but hopefully I can make it next year along with you guys on your late holiday deals, and we can play a part in making the event bigger still!