The America's Cup: Economic Impacts of a Match - Bay Area Council

Table 20a: Summary of Occupational Impacts by Local Visitors
Average Annual
Top 10 Occupations Employment Wages ($)
Food Preparation and Serving-Related 846 28, 381
Sales and Related 322 45, 436
Office and Administrative Support 253 39, 566
Management 115 115, 284
Building and Grounds Cleaning and Maintenance 114 28, 036
Personal Care and Service 89 31, 261
Business and Financial Operations 80 79, 014
Transportation and Material Moving 73 35, 346
Arts, Design, Entertainment, Sports, and Media 67 53, 964
Computer and Mathematical 37 85, 533
All Occupations 2, 181 43, 240
will be much higher in volume than in Valencia. The likelihood that the interested portion of the population will
keep coming back for multiple races is unknown.
Our assumption is that spectators will have the enthusiasm for the equivalent of 2 Fleet Weeks during the 3 months
of the America's Cup and related matches, so our counts involve an estimated 2.3 million local spectator days. This
is also approximately 2.15 times the number of local visitors during the 32nd defense in Valencia, 2007. If the number
of days of racing and the compositon of weekend and mid week days is similar, this would imply somethign on
the order of 100,000 local spectators for each weekend day and 14,600 for each week day of racing. There will, of
course, be races that attract relatively more spectators than others, finals versus round robin matches, but they
seem reasonable in light of the Fleet Week experience.
Were we to use a more conservative estimate, one that assumes that local spectator counts would be similar to
those at Valencia in 2007, we would find that the contribution of spectators is much less: by $45 million, or 82%
less, with far fewer jobs created.
Table 21: Direct Impacts by Local Visitors: Conservative Estimate
Output Employment Labor Income
Total Effects: Top 10 Industries
Food Svcs. And Drinking Places 16, 121, 734 214.9 6, 915, 324
Accommodations 12, 007, 268 74.8 4, 274, 626
Retail Trade 7, 263, 469 63.9 3, 097, 906
Leisure 6, 171, 667 68.3 2, 511, 368
Transit And Ground Passenger Transportation 3, 810, 678 86.9 1, 662, 172
Total 45, 374, 816 508.8 18, 461, 395
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