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National Aquarium worth more than US$450m to Maryland’s economy, study shows
POSTED 18 Nov 2017 . BY Alice Davis
The National Aquarium in Baltimore, Maryland, is the catalyst for US$455m (€386m, £345m) in economic activity across the state every year, a new study has shown.

The research, carried out by Sage Policy Group, reveals the wide-ranging economic impact of the attraction, which draws thousands of visitors to Maryland and creates around 4,500 direct and indirect jobs for the state.

“The National Aquarium is an important pillar for our state’s economy, supporting jobs, tourism and revenue,” said Mike Gill, secretary of the Maryland Department of Commerce.

The figure has risen since Sage’s last economic impact assessment, which was carried out in 2012 and found the aquarium generated around US$320m (€271m, £242m) per year.

According to the new report, the National Aquarium creates US$360m (€305m, £272m) and 3,900 jobs for the city of Baltimore, raising US$9m (€7.63m, £6.81m) in tax revenue for the city and US$20m (€16m, £15m) for the state.

The popular facility attracted 1.3 million guests in 2016, with 83 per cent arriving from outside the region. Of those, nine out of 10 visitors said a trip to the aquarium was their main reason for coming to Baltimore and a third of them were staying in the city for at least one night. Their spend on accommodation, eating out and getting around creates US$155m (€131m, £117m) annually for the local economy.

“We're proud to be a longstanding economic driver for the City of Baltimore and the State of Maryland, expanding our ability to strengthen communities and inspire conservation,” said John Racanelli, National Aquarium president and chief executive officer. “Our goal is to serve as a key resource for our region and state, providing engaging guest experiences, valuable educational programmes and meaningful conservation initiatives.”

More on the study, compiled by Sage, here.
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NEWS
National Aquarium worth more than US$450m to Maryland’s economy, study shows
POSTED 18 Nov 2017 . BY Alice Davis
The National Aquarium in Baltimore, Maryland, is the catalyst for US$455m (€386m, £345m) in economic activity across the state every year, a new study has shown.

The research, carried out by Sage Policy Group, reveals the wide-ranging economic impact of the attraction, which draws thousands of visitors to Maryland and creates around 4,500 direct and indirect jobs for the state.

“The National Aquarium is an important pillar for our state’s economy, supporting jobs, tourism and revenue,” said Mike Gill, secretary of the Maryland Department of Commerce.

The figure has risen since Sage’s last economic impact assessment, which was carried out in 2012 and found the aquarium generated around US$320m (€271m, £242m) per year.

According to the new report, the National Aquarium creates US$360m (€305m, £272m) and 3,900 jobs for the city of Baltimore, raising US$9m (€7.63m, £6.81m) in tax revenue for the city and US$20m (€16m, £15m) for the state.

The popular facility attracted 1.3 million guests in 2016, with 83 per cent arriving from outside the region. Of those, nine out of 10 visitors said a trip to the aquarium was their main reason for coming to Baltimore and a third of them were staying in the city for at least one night. Their spend on accommodation, eating out and getting around creates US$155m (€131m, £117m) annually for the local economy.

“We're proud to be a longstanding economic driver for the City of Baltimore and the State of Maryland, expanding our ability to strengthen communities and inspire conservation,” said John Racanelli, National Aquarium president and chief executive officer. “Our goal is to serve as a key resource for our region and state, providing engaging guest experiences, valuable educational programmes and meaningful conservation initiatives.”

More on the study, compiled by Sage, here.
RELATED STORIES
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Baltimore’s National Aquarium has unveiled a game-changing proposal for dolphin care, with plans for North America’s first ever seaside sanctuary.
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The National Aquarium in Baltimore has unveiled plans to reinvent the city’s waterfront, creating an urban wetland and pier-side conservation area for the local community.
National Aquarium exhibit celebrates Atlantic seaside creatures


In the aquarium world, the less brightly decorated animals are often overlooked. The glamorous fish of the tropics and the clever ocean mammals tend to steal the limelight, but now, the creatures of the seashore are getting their own show.
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Britain's minister for arts, Michael Ellis, has launched a £20m fund for culture, heritage and the creative industries to benefit towns and cities across England.
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National Geographic has teamed up with augmented reality provider Aryzon to create the world's first open air planetarium, using AR to project images into the night sky for a unique stargazing experience.
Comcast bid rejected as Fox agrees new merger deal with Disney
The Disney/Fox merger is back on, after Fox accepted a larger Disney offer days after Comcast attempted to hijack the deal.
+ More news   
LATEST JOBS
Groups Sales and Marketing Executive
Royal Horticultural Society
Salary: Circa £25k depending on experience
Job location: Wisley, Woking, UK
Head of Commercial Operations
The Silverstone Experience
Salary: £50,000- 55,000 pro-rata per annum + benefits
Job location: Northamptonshire, UK
Chief Operating Officer
Brooklands Museum Trust Ltd
Salary: £60,000
Job location: Weybridge, Surrey, UK
Commercial Leisure Manager - Coastal Attractions
Denbighshire County Council
Salary: £41,846 — £44,697 (plus up to £8,000 relocation allowance)
Job location: Rhyl, UK
Theming Production Manager
Merlin Entertainments Group
Salary: Competitive
Job location: Staffordshire, UK
Fastrack and VIP Team Leader
Thorpe Park Resort
Salary: Competitive
Job location: Chertsey, UK
+ More jobs  
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2018

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