The Champions League final scheduled to be held at Wanda Metropolitano Stadium in Madrid has the possibility of generating 123 million Euros. 66 million of that sum will be invested in industries like leisure, food, accommodation and luxury. The Champions League final match is to be played between Tottenham Hotspur and Liverpool.
The coordinator of Business Union for Promotion in Madrid, Vicente Pizcueta told Efe, an international news agency that the city is expecting an arrival of 60,000-70,000 British fans. 34,000 of them have bought their tickets to the final through their club, according to a report by Business Standard.
Only eight days are left before the blowing of the start whistle. Most of places of accommodation have skyrocketed their prices. From first of June, the dearth of rooms will be more intensified.
An average fan may has to spend somewhere between 500- 1000 Euros just to have a roof over head at night. The hospitality community is saying the holding capacity of the city is not wide enough to accommodate all the visitors.
Not just hotels, small guesthouses and lodges also doubled their prices, according to a data provided by Business Union for Tourism Promotion in Madrid.
To cope with arrival of both teams and their fans airlines have increased their chartered routes between the United Kingdom, Ireland and Madrid.
Madrid’s commuter system, the Crecanias, which connects the city’s major transport hubs and the airport, will double its capacity to 300,000 extra passengers.
The travelling fans are expected to spend 300 Euros both days food and drink which would translate to a flow of 18 million Euros for the catering sector.