News ~ 2016
Englewood Beach Waterfest Press Rlease
January 13, 2016
The results of the Race are in! The report by Research Data Services Inc. presented to the Charlotte Harbor Visitors and Convention Bureau calculates that the economic impact of the Englewood Beach Waterfest reached $2,322,300.00. Additional data estimates 15,000 attendees were present for the National and World Championship races, 12.3% of whom were overnight visitors. Their length of stay averaged 5.2 nights with a total of 4,800 room nights in the Englewood area. Day-trippers comprised 41.4% and a whopping 46.3% were local residences. Confirmation that the races were enjoyed by a large segment of our community is affirmation that the interest and excitement offshore power boat races is locally embraced.
Heartfelt gratitude to all the sponsors who supported the vision and had confidence in the Board’s commitment. Pats on the back all around to our Friends of Waterfest and event volunteers, thank you for your hard work and good cheer. Local businesses stepped up in huge ways, such as weekly drawing fundraisers, food and drink donations, accommodations, discounts and specials......