America’s Cup regattas have significant impacts on host city economies. The 2003 Auckland event generated a net expenditure of $523 million, and estimates range between $403 and $892 million for Cup related expenditure being generated by the 2021 event with an economic impact of up to $977 million possible.
The extent of economic benefits from the upcoming 2021 regatta can be framed in the context of the impact generators, the distribution of the impacts, and the wider regeneration and infrastructure development potential provided by the event. Central to CBRE’s interests in the event, we identify and estimate potential impacts of the upcoming America’s Cup in 2021 on Auckland’s hotel, retail and residential property sectors.
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