SHANNON Development has estimated that the upcoming Riverfest weekend could generate as much as €20 million in a visitor spend for the local economy on the May Bank Holiday weekend.
Riverfest will be bolstered by Munster playing at home to Harlequins in the Amlin Cup semi-final on Saturday and the Great Limerick Run on Sunday, which will both bring thousands of people into the city.
Eoghan Prendergast, Limerick Development Manager with Shannon Development, told the Limerick Leader he believed the economic impact for the city from Riverfest and the various events would be “on the upper side of €15-20 million”.
“It is a massive boost, particularly this year and as it happened, thanks to Munster, with the addition of the Amlin Cup match, that has meant a rejigging of a few of the events, but when you add that into an already busy weekend we reckon that it is on the upper side of €15-20 million,” he explained.
Riverfest was launched officially last week and the programme for the by-now well established event is well stocked, with Ireland’s largest BBQ, a free live open air rock concert, a water sports extravaganza and a huge fireworks display over the Shannon just some of the highlights pointed to by Mayor Maria Byrne, who launched the event.
“The Great Limerick Run along with the BBQ, the big match between Munster and Harlequins and all the other events taking place means that Limerick will be alive and buzzing and a fantastic place to be over the May Bank Holiday weekend,” she said.
The popular Continental Market will return again this year, running over the four days of the event. The Milk Market will play host to several events over the weekend, with a ‘Fashion Friday’ event transforming the multi-purpose venue into a ‘shopper’s heaven’ with flea markets and live shows, while top Irish rock band The Coronas will play a gig under the ‘Big Top’ on the Saturday night.