APPENDIX 1

 

EVENTS REVIEW 2003

 

THE STATISTICS

 

 

                                                                                

 

 

NUMBER OF EVENTS SUPPORTED                                               41     

 

NUMBER OF COMPETITORS/PARTICIPANTS                             28,551

 

NUMBER OF SUPPORTERS/SPECTATORS                                   296,640

 

NUMBER OF BUSINESSES/TRADERS INVOLVED                        798

 

NUMBER OF COMMUNITY GROUPS/ORGANISATIONS             116

 

NUMBER OF BED NIGHTS STAYED BY

COMPETITORS AND SUPPORTERS                                              55,966

 

ESTIMATED SPEND INTO THE ISLAND

ECONOMY                                                                                       £6,101,253

 

COUNCIL DIRECT COSTS TO CONTRIBUTE

AND STAGE THESE 2003 EVENTS, INLCUDING

EVENTS TEAM AND PROGRAMME COSTS                                          £352,274

 

VALUE OF SPONSORSHIP ATTRACTED TO EVENTS                 £168,500

 

 

 

 

NOTE:  These statistics now include the Isle of Wight Festival, in previous years this has been reported separately.

 

The financial statistics are based on the accepted formula of the Southern Tourist Board and supported by the South East England Cultural Consortium and South East England Development Agency.

The 2003 formula is derived from the published 2002 value figures plus 3.1%

(RPI = http://www.statistics.gov.uk/pdfdir/cpi0403.pdf)