THE Sunshine Coast will remain home to two of the nation's largest triathlons under a multi-million-dollar agreement with the State Government.
The deal means the Noosa and Mooloolaba triathlons will remain on the Coast until 2018.
Final details were ironed out during negotiations between the government and Ironman Asia Pacific officials during the weekend's Noosa Triathlon Festival.
While final details will be revealed today, it is understood it cost the government more than $3 million to secure the triathlons for the next three years.
The deal means the Sunshine Coast is locked in to host four of Queensland's six major triathlons until 2018, with
Noosa and Mooloolaba joined by the Noosa Ultimate Sports Fest and Ironman 70.3 Sunshine Coast.
Ironman Asia-Pacific chief Geoff Meyer said the deal with Tourism and Events Queensland would continue to provide a quality competition.
"Ironman was excited to partner with TEQ to deliver high-profile triathlon and endurance sports events for Queensland," he said.
The government estimates Queensland's six biggest triathlon and endurance sports events will generate more than $80 million in visitor spending and more than 350,000 visitor nights by 2018.
These include Gold Coast and Cairns triathlons as well as the four Sunshine Coast events.
Tourism Minister Jann Stuckey described the Sunshine Coast as the country's "No.1 triathlon destination".
"The State Government has been working hard to secure these vital contract extensions which will see the Noosa and Mooloolaba triathlon festivals locked in until 2018," she said.
"This announcement provides certainty for competitors, spectators and the local businesses who benefit dir
ectly from these events."
Noosa MP Glen Elmes
described the extension as a boost to Noosa's tourist economy.
Last year, the Mooloolaba Triathlon Festival alone generated 37,700 visitor nights and injected $12.26 million into the local economy.
Update your news preferences and get the latest news delivered to your inbox.