Saint Lucia Cash Cow: The Impact of CPL on Sports Tourism
Caribbean and World Newsby Toter 1 day ago 47 Views 0 comments
The Republic Bank Caribbean Premier League (CPL) has kicked off its latest season, with the reigning champions, Saint Lucia Kings, striving to defend their title. While players and coaching staff concentrate on the game, their performances resonate beyond the cricket field, particularly in an economic context. Last year's tournament generated an impressive economic impact of US$22.4 million, marking a 21 percent increase compared to the prior year. This figure encompasses expenses from organizers, spending by visitors, and media value.Additionally, the incorporation of Live & Louder concert events during matches has significantly enhanced fan engagement, culminating in stronger attendance. Pete Russell, the CPL CEO, emphasized this achievement, affirming its continuation at the Daren Sammy Cricket Ground this season.Tourism Minister Dr. Ernest Hilaire expressed optimism about the tournament's potential to boost Saint Lucia’s profile. Initiatives focusing on sports tourism and collaboration with national federations aim to elevate Brand Saint Lucia, reinforcing its representation in international competitions. Local advocates are advocating for a comprehensive sports tourism policy to further enhance economic benefits.
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