Glasgow to Blow a Gasket

By Alan Lodge

- Last updated on GMT

Related tags: Glasgow, United kingdom

Commonwealth Games success will boost citys hotels, restaurants and bars.

HOTELS and bars in Glasgow are set to rake it in after the city won the right to host the 2014 Commonwealth Games.

The successful bid could net the city a total £1billion in extra revenue, according to a new assessment based on Manchester’s success in hosting the Games in 2002.

Although early estimates range from £81million to £2billion, the survey by Scottish newspaper The Herald suggests £1billion as a realistic goal.

The 2002 games attracted £670m of investment into Manchester, along with one million visitors who spent £18million in shops, hotels, bars and restaurants over 10 days.

During the year, the games drew 18 million people to the North-west and injected £6billion into the economy.

Glasgow tourism officials believe the Games will help them reach their goal of increasing visitor figures by 60 per cent, which would boost tourist revenues from £700million to £1billion and support up to 40,000 jobs

Related topics: Business


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