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West Indies batsman Sherfane Rutherford hits over cowl in the course of the ICC males’s Twenty20 World Cup 2024 Tremendous Eight cricket match towards England at Daren Sammy Nationwide Cricket Stadium in Gros Islet, Saint Lucia, on June 19, 2024. (Picture: AFP)
DUBAI, United Arab Emirates (CMC) — Worldwide Cricket Council (ICC) studies that the ICC Males’s T20 World Cup held final summer time injected US$1.66 billion (J$262 billion) into the economies of the USA and the West Indies, underscoring the match’s monetary and developmental impression.
Held June 1–29, 2024, the occasion featured 55 matches throughout 9 host places, consisting of US cities, Nassau County (New York), Grand Prairie (Dallas), and Lauderhill (Florida), and 6 Caribbean nations, Antigua and Barbuda, Barbados, Guyana, Saint Lucia, St Vincent and the Grenadines, and Trinidad and Tobago.
Cricket West Indies (CWI) aimed for the match to function a catalyst for financial development, driving funding in transport, hospitality, and infrastructure.
The ICC, CWI, and native governments, hope the stadium upgrades made will depart a long-lasting legacy for future cricketing occasions. The US, which hosted 16 matches, noticed an financial enhance of US$618.4 million (slightly below J$98 billion).
The Caribbean nations collectively reaped over US$1 billion (J$158 billion), with Barbados main the best way at US$428 million (J$67.6 billion), adopted by St Vincent and the Grenadines (US$224 million, or J$35 billion) and Saint Lucia (US$132 million, or simply beneath J$21 billion). The remaining three hosts, Antigua and Barbuda, Guyana, and Trinidad and Tobago, mixed for US$260 million (J$41 billion).
The inflow of worldwide and home guests led to surges in spending on lodging, journey, and eating, with Barbados rising as a fan favorite, with 50 per cent of tourists staying over 5 nights, contributing to a US$23 million (J$3.6 billion) on meals and beverage (F&B) spend. The US recorded US$53 million (J$8.3 billion) in F&B income.
The match amplified the worldwide profiles of host nations via broadcast visibility, group branding, and media protection, producing an estimated US$92.5 million (J$14.6 billion) in media worth.
ICC Chief Government Geoff Allardice hailed the occasion as an incredible success.
“The T20 World Cup 2024 delivered a rare financial enhance, reinforcing the ICC’s function in fostering development. Past monetary features, it positioned the USA and West Indies as world-class sports activities and tourism locations.”
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