The Elite Ayrshire Business Circle

The Elite Ayrshire Business Circle

Thursday, 26 September 2013

The SSE Hydro officially opens

The SSE Hydro, Scotland’s new home of live entertainment was revealed to the world today. 

The first purpose built concert venue of its scale, it will play host to around 140 events each year, including national and international artists and bands as well as being a venue for major comedy stars and sporting events. 


The SSE Hydro has the potential to inject an additional £131 million per annum into the local economy, and will also play an integral role in The Glasgow 2014 Commonwealth Games as the home for both gymnastics and the netball finals.  

Adrian Gillespie, managing director at Scottish Enterprise, said: “With the addition of The SSE Hydro, Scotland has a unique combination of exhibition centre, conference centre and arena all within the Creative Clyde area.  This is vital for growing our tourism industry, with the Hydro alone expected to generate an extra £56 million in visitor spending.  
  
“Glasgow is now one of only a handful of European cities capable of hosting large-scale international conferences which attract business tourists.

"Business tourists stay longer, spend 50 percent more than a leisure tourist, and tend to travel around Scotland, which is great news for Scotland’s tourism businesses as these visitors can fuel business growth and new tourism products.  

"This is why we’ve contributed £25 million to the Hydro build, our largest grant awarded to date, which will generate £7 for the Scottish economy for every £1 we contribute.”


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