TWIB: Impact of World Series on Boston economy


(NECN) – With the Boston Red Sox in the World Series this year, there is a major impact on the Boston economy, the tourism industry, and city spirit.  

Pat Moscaritolo, President CEO of the Greater Boston Convention and Visitors Bureau, talked about how great this is for the city of Boston, and why the visitor economy is on track its best year since 1999.

“At this time of year, we see just how big a business sports is. We know it’s a big business for the players and the agents that negotiate the contracts, it’s a big business for the city’s visitor economy, and by that I mean our hotels, our restaurants, transportation companies, retailers…” said Moscaritolo. “There’s probably more logoed Red Sox gear flying off the shelves of stores in the city than any other time, probably since 2007 when they were last in the World Series.”

Additionally, Moscaritolo also looked ahead to some of the big events in first quarter for the next year.

“We have a couple of big events that come in 2014 right at the start of the year. We have that US figure skating championship, so that’s going to be great.”

This is just one of the events that will provide a jumpstart to the 2014 visitor economy.

Tags: world series, Boston, TWIB, business , Pat Moscaritolo, Greater Boston Convention Center, Greater Boston Visitors Bureau

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