HAMILTON, Bermuda CMC – Politicians and dignitaries have hailed as a game-changer for the island, Tuesday’s news from New York that Bermuda has been selected to host the 2017 America’s Cup, one of sailing’s most prestigious events.
Bermuda’s successful bid over San Diego, California was announced at a ceremony in a New York hotel attended by many Bermuda officials, including Premier Michael Dunkley.
The arrival of the America’s Cup in Bermuda will usher in a day of celebrations in this British Overseas Territory of 65,000 residents.
The oldest trophy in international sport was set to touch down at L.F. Wade International Airport at 2 p.m. local time yesterday on a private jet from New York.
Dunkley urged Bermudians to join in the celebrations, describing the event as an “opportunity for all of Bermuda to come out and celebrate this monumental achievement.”
“This is a time for us to come together in a spirit of unity to bask in our collective success.
“I hope to see as many people as possible tomorrow night along Front Street, because this truly is a historical moment for Bermuda,” Dunkley said.
Economist Peter Everson said the America’s Cup could be the perfect tonic for recession-hit Bermuda by pumping a massive US$300 million into the economy.
“This would have the biggest economic impact on Bermuda since the airport opened for civilian flights,” he predicted.
Thousands are expected to descend on the island for the biggest event on the international sailing calendar in 2017.
Tourism officials expect visitor arrivals to rise significantly over the next three years, while hotel occupancy is also set to receive a major boost.
“The America’s Cup can have huge positive consequences for Bermuda and the tourism industry,” David Dodwell, chairman of the Bermuda Tourism Authority, said.
“It’s difficult to talk about exact numbers at the moment, but I would estimate we will see a minimum of a 10 per cent increase in arrivals from 2014 to 2017.
“Then on top of that is the huge spending that goes with it.
“A huge amount of work has gone into getting the America’s Cup and it has the potential to affect all areas of society, not just tourism. With it comes jobs, construction projects and expansion for small businesses.”
Governor George Fergusson said: “This is tremendous news for Bermuda. It is very good news for sailing, too. Bermuda will provide a superb course and setting for the world’s most famous sailing race.
“It also offers a wonderful opportunity for Bermuda to achieve benefits for the long term: economic, infrastructural and in terms of jobs.”
Opposition Leader Marc Bean spoke of Bermuda’s proud maritime history and urged everyone on the island to ensure that “we seek to deliver the finest America’s Cup in history”.
