DUBAI, United Arab Emirates – A new report from the International Cricket Council (ICC) reveals that the ICC Men’s T20 World Cup 2024 injected a staggering $1.66 billion US dollars into the economies of the USA and the West Indies, underscoring the tournament’s massive financial and developmental impact.
Held from June 1–29, 2024, the event featured 55 matches across nine host locations, including three U.S. cities, Nassau County (New York), Grand Prairie (Dallas), and Lauderhill (Florida), and six Caribbean nations, Antigua and Barbuda, Barbados, Guyana, Saint Lucia, St. Vincent and the Grenadines, and Trinidad and Tobago.
The tournament acted as a catalyst for economic growth, driving investment in transport, hospitality, and infrastructure.
Stadium upgrades, funded by the ICC, Cricket West Indies, and local governments, will leave a lasting legacy for future cricketing events. The US, which hosted 16 matches, saw an economic boost of US $618.4 million.
The Caribbean nations collectively reaped over 1 billion, with Barbados leading the way at US $428 million, followed by St. Vincent and the Grenadines ($224 million) and Saint Lucia ($132 million). The remaining three hosts, Antigua and Barbuda, Guyana, and Trinidad and Tobago, combined for $259.6 million.
The influx of international and domestic visitors led to surges in spending on accommodations, travel, and dining, with Barbados emerging as a fan favorite, with 50% of visitors staying over five nights, contributing to a US $22.9 million on food and beverage (F&B) spend. The U.S. recorded an impressive $52.9 million in F&B revenue.
The tournament amplified the global profiles of host nations through broadcast visibility, team branding, and media coverage, generating an estimated US 92.5 million in media value.
ICC Chief Executive Geoff Allardice hailed the event as a tremendous success.
“The T20 World Cup 2024 delivered an extraordinary economic boost, reinforcing the ICC’s role in fostering growth. Beyond financial gains, it positioned the USA and West Indies as world-class sports and tourism destinations.”
CMC