RESEARCH SHOWS VOLVO FINALE BROUGHT 60 MILLION EURO BOOST TO CITY

Date Published: 26-Nov-2012

New research launched in the city today (Nov 26) reveals the Volvo Ocean Race gave the city a boost worth more than 60 million euro.The massive event brought over half a million visitors to the city for the summer finale - 16 per cent of whom came from abroad.

The NUI Galway report shows the area recorded direct expenditure of 35 and a half million euro during the event, and indirect spending of 25 million.

The bar and lounge sector fared best - recording a 50 per cent increase in turnover during the festival.