Newport businesses lose out on boat show revenue
NEWPORT, R.I. (WLNE) –The Newport International Boat Show would have been starting on Sept. 17; if not for the pandemic.
It is one of the largest in-water shows in the nation and brings in tens of millions of dollars to Aquidneck Island.
A Newport city council member told ABC 6 News that in a typical year the Newport boat show generates an estimated $100 million—or more—of revenue for Aquidneck Island.
But, Newport city council member Susan Taylor said, despite the boat show being cancelled, city leaders were not leaving area businesses high and dry.
“It’s a bad situation, we can just try to plan our way forward, provide whatever support we can in creative ways for our businesses; look at increased outdoor retail and dining,” Taylor said.
Newport business owners told ABC 6 News they were looking toward cold weather events, like the Newport Winter Festival, to try and offset some of the loses from the boat show.