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24x7Report > Blog > Travel > Barcelona Set To Make €1.2 Billion By Hosting The America’s Cup 2024
Travel

Barcelona Set To Make €1.2 Billion By Hosting The America’s Cup 2024

Last updated: 2024/06/13 at 9:02 PM
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Barcelona Set To Make €1.2 Billion By Hosting The America’s Cup 2024
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Beginning August 22, Barcelona will host probably the most necessary sporting occasions on the earth: the Louis Vuitton 37th America’s Cup 2024.

The town will see seven weeks of competitions, through which 135 regattas will compete for first place (this competitors doesn’t have a second place). All the match can be seen from the seashore so everybody can watch it at no cost.

In accordance with a examine carried out by the Universitat Pompeu Fabra final yr, Barcelona is forecast to obtain some €1.2 billion in financial advantages.

The Barcelona Capital Nàutica Basis estimates this occasion will create the equal of 19,000 full-time jobs.

These figures can be doable due to “elevated consumption of products and companies, the event of social and enterprise initiatives, the creation of employment, the promotion and revitalization of commerce, international broadcast publicity and visibility of Barcelona and business exercise across the occasion,” stated the inspiration in an announcement.


With a view to host such occasions, cities need to at all times put money into infrastructure to each maintain the competitors and meet followers’ wants.

To realize this, Barcelona’s port is investing €120 million to revamp a number of buildings and assemble others from scratch.

The aquarium and Barcelona’s oldest swimming membership have been reworked. The Membership Natació Barcelona may have new services and there can be new sightseeing factors and strolling areas.

With an funding of €4.6 million, the outdated IMAX cinema will boast new interactive and immense venues and actions fostering entertaining and academic functions. The renewed cinema is anticipated to host over 1.5 million guests.

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Additionally, a brand new museum subsequent to Camp Nou stadium can be open in September.

One other attention-grabbing growth is the development of a hydrogen fuel station, as all non-sailing boats collaborating within the competitors run on inexperienced hydrogen.

“Given the wonderful alternative this occasion has created for the town, there have been quite a lot of deliberate works that have been accelerated to be prepared for the occasion. There are nonetheless a number of works happening, however every part is on monitor to be accomplished by the point the occasion begins,” the inspiration stated.

For these all in favour of watching the competitors, listed below are some key dates to bear in mind:

  • Preliminary Regatta: August 22–25, 2024
  • Louis Vuitton Cup Spherical Robins: August 29, 2024 – September 8, 2024
  • Louis Vuitton Cup Semi-finals: September 14–19, 2024
  • Louis Vuitton Cup Finals: September 26 – October 5, 2024
  • Louis Vuitton thirty seventh America’s Cup Match: October 12–21, 2024

Following this occasion, Barcelona may even host the Puig Girls’s America’s Cup, the primary women-only competitors in 173 years of historical past.

This occasion will deliver collectively the elite of Olympic and world sailors from October 5 to 13 and can be held in the identical place because the thirty seventh America’s Cup.

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TAGGED: Americas, Barcelona, Billion, Cup, Hosting, set

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