A recent independent analysis of the economic impact of the stadium conducted by Focus Consulting revealed that sports, entertainment and business events held at the stadium have contributed in excess of €132 million in value to the local economy. The study conducted by Focus Consulting revealed that the first two years of operations up to October 2010 saw 640,000 pass through the turnstiles. Total is approx 760,000 to date since reopening in October 2008.
Over €600,000 has been paid to local people working as event staff employed across all aspects of stadium operations
40 local suppliers work with the Stadium in the supply of products and services.
The impact on Limerick hotels was also significant with 30,000 bednights created for the city from Thomond Park events, matches and conferences.
The study estimated that the return to the exchequer from all local Stadium activity is in the region of €23 million.
It also compared that economic value of the Stadium to the city was the equivalent of employing 565 annually in full time equivalent roles.
The Focus Consulting Thomond Park Impact Report also outlined how the redevelopment of the stadium has accelerated the level of sports tourism impact on the city and region. The study tracked the impact of the stadium over the past three years including visitor spend before the redevelopment of the new Stadium growing from €3.5m to €10.5m based on analysis of Heineken Cup play off and pool games.
