Revamped Thomond Park brings in €60m

THE REDEVELOPED Thomond Park stadium brought €60 million to the Limerick region during the last rugby season, according to figures…

THE REDEVELOPED Thomond Park stadium brought €60 million to the Limerick region during the last rugby season, according to figures released yesterday.

A study commissioned by Munster Rugby estimated the value of the four Heineken Cup games and the All Blacks match was €58 million to the local area.

The report carried out by BDO Simpson Xavier found that the Heineken Cup quarter-final match against Ospreys in April generated €10.5 million for the Limerick economy, with visiting fans spending an average of €527 each over the match weekend.

The weekend of the quarter-final against the Ospreys also created an extra 280 part-time jobs and 3,912 hotel bed nights, with most visiting fans staying for an average of two nights in the city.

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The authors of the report predict that the two summer concerts at Thomond Park will generate almost €20 million for the local economy.

A sample of 13 city hotels revealed 100 per cent occupancy for the recent Elton John concert while the upcoming Rod Stewart event is expected to generate €9.9 million.

The report, which was published at Thomond Park yesterday, points to the stadium’s redevelopment, which saw its capacity doubled, as a key factor in attracting increased tourism to the Limerick region.

Munster Rugby chief executive Garrett Fitzgerald said: “These findings confirm the economic potential of stadium events for Limerick city.”