A new report has revealed that Titanic Belfast has generated an estimated £430 million in direct spend for the Northern Ireland economy since it opened its doors 10 years ago.
The report, by Deloitte Northern Ireland, revealed that in its eight to tenth years of operation, the combined economic impact of Titanic Belfast has been £79m, highlighting the vital role it continues to play.
The visitor attraction, which has welcomed almost 6.5 million visitors from over 145 countries, has embarked on a multi-million pound gallery refreshment programme. This largest single investment to date will come from the Titanic Belfast Gallery Refreshment Fund, established when the building opened as part of the commercial operator agreement and held by the charity owner, Maritime Belfast Trust.
Titanic Belfast has appointed OPERA Amsterdam and Studio Louter to design and deliver the significant project.
Judith Owens MBE, Chief Executive of Titanic Belfast said: “As part of the 10th birthday celebrations, we are delighted to announce a multi-million pound gallery refreshment programme which will deliver a world-class spectacle by combining innovative technology with the authentic Titanic story to deliver an enriched, emotive and immersive visitor experience which will sustain Titanic Belfast as a must-see global attraction for years to come.
“Since opening on Saturday 31st March 2012, Titanic Belfast has gone from strength to strength and played a key role in the resurgence of tourism, not only for Belfast and Northern Ireland, but for the island of Ireland as a whole. In the last 10 years, we have firmly established ourselves on the local, national and international stage, winning a host of prestigious accolades including being named as the World’s Leading Tourist Attraction.
“82% of visitors come from outside of Northern Ireland demonstrating the important driver this iconic building plays for inbound tourism. Titanic Belfast has not only driven leisure tourism but has been fundamental in reinvigorating Belfast’s event industry as one of the city’s signature venues having hosted over 3,000 business and leisure events.”
Kerrie Sweeney, CEO of Maritime Belfast Trust, charity owner of Titanic Belfast, said: “On behalf of Maritime Belfast Trust we would like to congratulate Titanic Belfast on reaching this 10 year milestone as well generating the local economic impact of £430m”.