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Business

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Roger Williams University

2014

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Bristol Maritime Center Operations Manual, Hank Kniskern, Ellen Hassett, Arnold Robinson Jan 2014

Bristol Maritime Center Operations Manual, Hank Kniskern, Ellen Hassett, Arnold Robinson

Business

Economic studies have indicated that visiting boaters spend between $25‐$300 per day per person ashore. The upper end of this average were visitors associated with regattas or events. $70 was the average expenditure used in the Bristol projections. It is important to note that Bristol’s marketing initiative can have a major influence on the level of visitor spending. For instance, coupons and information about local stores and restaurants do have a positive effect. Promoting the harbor for yacht club cruise events is not only appreciated by the event organizers, but is financially advantageous to Bristol.