Newport Show Brings Substantial Economic Benefit to Newport County

The Newport International Boat Show’s total economic impact on Newport County as a result of this year’s show amounted to $26.1 million, according to an economic impact study conducted by Performance Research.  

Completed November 2022, the study shows that the Newport International Boat Show, as the premier show in New England and one of the largest in-water events in the country, has had a substantial, positive effect on the local economy, drawing over 40,000 in attendance, the vast majority of whom were from out of state and many of whom traveled internationally. Boats on display at the Newport International Boat Show had an estimated worth of $175 million, with boat sales estimated at $35-40 million, not including marine products, services, clothing, and accessories.  

Economic impact highlights:  

• $26.1 million in economic impact for Newport County 
• The most benefitted sector was hotels, with $5.3 million
• Other high-earning sectors included restaurants, transportation, and retail goods totaling close to $10 million
• The show brought in $4 million in state and county taxes
• There were 218 full-time equivalent jobs created in Newport County 

The Newport International Boat Show encompasses over 14 acres of Newport’s famed waterfront and hosts hundreds of exhibitors, dealers, and manufacturers showcasing new powerboats and sailboats, as well as marine equipment, services, and accessories. The 2023 Newport International Boat Show is scheduled for September 14 to 17. For more information, visit www.newportboatshow.com. The complete economic impact study is available upon request.