News: 'Over half the city centre businesses have reported positive impact during the ‘Made In Hull’ events'

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'Over half the city centre businesses have reported positive impact during the ‘Made In Hull’ events'

Posted: 30 June 2017

The University of Hull, Hull’s Culture, Place & Policy Institute (CPPI), have released their interim findings evaluating the first 3 months of Hull’s UK City of Culture year.  The initial findings evidence signs of a positive impact upon the city, in respect of the arts, culture place making, the economy and society & wellbeing.  

In respect of the local economy, the CPPI notes that ‘hotel occupancy rates are up almost 14% in the first season compared with the same period in 2016.  Hull Trains have reported a 17% increase in passengers in January 2017 in comparison with the same period last year.  Hull City Council notes that since 2013 approximately 89 new businesses have been created in the city centre generating around 550 new jobs.’  Perhaps most positively ‘over half the city centre businesses have reported positive impact during the ‘Made In Hull’ events linked to increase foot fall, diversification of customers, enhanced sales and positive atmosphere in the city.’

As occupants of Hull City Centre with offices on Alfred Gelder Street, we are excited by the findings of the University of Hull, that UK City of Culture status is having a positive impact upon the city generally and economically.  Speaking with local businesses on a day to day basis, we would echo the findings of the report and agree that the city centre has an energised atmosphere, also in part due to the completed public realm works.  

For those of you wanting to take advantage and secure accommodation in the city or wider area, please do get in touch.

link to full artice here