Thursday 27th November 2014 - Kingston, Jamaica: A new, independent Economic Impact study revealed today that the Caribbean Premier League injected a massive US$166 million into the region's economy during the 2014 tournament – a significant increase of 58% on 2013.
 
Host country for the finals, St. Kitts and Nevis, reaped significant benefits with a whopping US$25.1 million invested in the local economy – second only to Barbados with US$28.7 million.
 

Key findings in the report show:

        Incremental spend by regional and international fans totalled US$47.4 million (excluding accommodation and airfares)
    An estimated 217,176 regional and international spectators watched CPL 2014 live
    The international TV audience increased to 65 million in 2014 from 36 million in 2013, with 29 broadcasters from around the world airing the
    games live
    Over 21,500 international visitors (approximately 10% of total spectators), attended CPL 2014, spending US$7.9 million
    Thousands of new jobs were created in tourism and travel across the region by CPL and more than 156,000 jobs positively impacted
    The tournament's high profile international broadcast media campaign (which encouraged tourism in the region) generated US$4.47 million in
    advertising value

 

read the full report at CPLT20

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In reply to CaribbeanCricket.com

Hmmmmmmmmm, now how and where these figures arrived at I wonder. As far as I can remember, the CPL pulled very dismal crowds in a few islands.


And what exactly is an international visitor? Where did these visitors come from? I can't recall seeing many international visitors at the CPL.

Smoke, mirrors and bs.

In reply to Commie

Ditto

Who the fork made up this shite, Michael Hall?

Release of report coincidentally timed for the same week as a TT govt minister reportedly approached cabinet for US$8M to host the 2015 and 2016 CPL tournaments.

wonder what they are trying to extract from the governments?

Good going CPL!! Keep up the good work!

In reply to XDFIX

what's good the fraud attempt or the cricket?

In reply to Commie

In reply to camos

That was the first thing that came to mind when I saw this .You can't make this stuff up.

In reply to XDFIX

Could you elaborate on exactly what is the good work the CPL is doing that you want it to keep up. Tenks.

In reply to BatQuake

Quakie wait, yuh nuh know seh that its di only time that di world will get to see shilly pon di telly ??

In reply to CaribbeanCricket.com

Hehehehehe!!!

Nice try Dreadie.

In reply to CaribbeanCricket.com

This is obviously a figment of some people's imagination . I guess this is supposed to
get the attention of the Regional Governments to once again give them Taxpayers Money .

BTW , I really do not think that 21,500 people spent 7.9 million dollars . Those
stats have a very hollow ring to my sensibilities .