At last month’s City Council meeting Paul Jacobs, president and general manager of the Annapolis Boat Shows, presented the City of Annapolis with a check for $20,878 representing the city’s share of ticket revenue from the 2016 Annapolis Spring Sailboat Show. The spring show saw a 20 percent increase in paid attendance.
Over the past eight months, the Annapolis Boat Shows has made nearly $600,000 in payments to the City of Annapolis. This includes a sharing of ticket revenue, City expense reimbursements, and Maryland Admissions Taxes for the three boat shows held at City Dock, along with a donation to the City of more than $30,000 for the purchase of parking kiosks along Dock Street.
“Over the past 46 years we have paid the City of Annapolis an estimated $20 million in exchange for the use of Ego Alley and City Dock,” Jacobs said.
“The City of Annapolis and the Annapolis Boat Shows are in this together and we both participate in the financial return. This spring we expanded our marketing efforts to work closely with Visit Annapolis and the City’s Director of Communications in an effort to promote the best Annapolis has to offer,” Jacobs added.
A stellar 2016 spring show was reported by the Annapolis Boat Shows, the premier management company that produces four boat shows each year. The three-day spring show represented a wide range of boats and promoted a festival-like atmosphere that brought attendees in large numbers to the fifth-annual show.
Not only do these shows provide one of the most significant economic engines for the maritime industry, but they also create an economic impact of more than $112 million to our region.