America's Cup: Yacht race versus all other council spendingGETTY IMAGES It's hard to quantify what the America's Cup will mean for New Zealand. As discussions continue about how and where Auckland will host the 2021 Emirates Team New Zealand America's Cup defence, numbers measuring the cost and economic contribution seem to be multiplying. 123RF Tourism operators stand to benefit from the America's Cup. It was reported that about 29,200 international visitors came to New Zealand for the 2003 America's Cup defence. He said much of the "Cup spending" would be money that otherwise would have gone to other parts of the economy - particularly that invested by Auckland Council.
Source: Stuff November 22, 2017 03:28 UTC