PUBLISHED: 12:55 09 September 2014 | UPDATED: 13:15 30 August 2017

[84975] TallShips5.jpg_low

[84975] TallShips5.jpg_low

Falmouth played host to its fifth Tall Ships Regatta in August generating £15 million to the local ecomony

The economic impact of over £15 million expected as Cornwall counts the benefits of the fifth Falmouth Tall Ships Regatta.

Following the largest flotilla in living memory in Falmouth Bay, the 2014 Tall Ships Regatta has come to a close and organisers are evaluating the effects of the spectacular event for the Cornish economy whilst feedback floods in. As the regatta fleet of 44 vessels paraded behind the 110-metre Polish tall ship Dar Mlodziezy under glorious sunshine and blue skies, Falmouth Bay was packed with a send-off flotilla of thousands of local craft and crowds of people lined the shore and key vantage points to admire the rare spectacle.

More than 70,000 people visited the Tall Ships Regatta site at Falmouth Docks during the first three days and over 100,000 people took to the water on boats and made the most of vantage points around the town for the magnificent Parade of Sail on Sunday. Richard Gates, the Town Manager for Falmouth has estimated that over 230,000 people visited the Cornish port over the four days and businesses across the town have been staggered by the uplift in sales. Meanwhile visitors have been praising the customer service and cheerful spirit that was constantly felt across the town thanks to the event volunteers and partners.

The spend per head doesn’t include all of the infrastructure behind the event. The Tall Ships Regatta also brings in extra police and emergency services, the teams from all sponsors, partners and supporters, over 80 members of the media, various traders and organisations with stands on site, all of the Sail Training International team and support crew as well as many volunteers who made their way to Falmouth. All these hundreds of extra people need somewhere to stay and they all eat and relax around town when the day is done. Event organisers are awaiting feedback from key accommodation providers and will be able to release further figures about this significant economic value shortly. However, at this stage, that amount is likely to exceed £15 million.

The Falmouth Tall Ships Regatta was also incredibly supported in kind by many individuals and organisations. Over 220 volunteers took part, many working with Volunteer Cornwall, and in addition a number of companies and organisations such as the National Maritime Museum, A&P, Port Pendennis Marina, Falmouth Tall Ships Association, Cornwall Marine Network, Falmouth Town Council and Falmouth BID provided resources, infrastructure, staff time and support in a plethora of ways. And a huge further number of event partners, supporters, volunteers and individuals continually went above the norm to help stage the event and make it such a resounding success.

The flotilla is believed to be the largest in Falmouth Bay in living memory and over 100,000 locals and visitors revelled in idyllic Cornish weather that afforded miles of amazing views for the finale of the maritime spectacle.

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