The UEFA Champions League generates, every season, 237 million euros in touristic revenues, according to a study published by the football information application Onefootball, and the online travel search engine GoEuro, on May 5th, 2015.
The results show “a peak in the revenue of the hotel industry” in the cities hosting a participating team, “comparable to those observed during congresses or trade-fairs,” specifies a statement.
The studies don’t include the ticket prices in the calculations, and base themselves on the price of transports and accommodations.
They also take into account the average touristic spending (cost of local public transportation, expenditures, and meals provided by the Institute of Tourism Studies Egatur), as well as the indicators of the beer prices and accommodations collected by GoEuro.
The touristic revenues also vary depending on the turnout of the games. For example, the study reveals that “Barcelona, Munich, and Torino could all make around €5,637,000 thanks to their teams making it to the semi-finals. Madrid, that has reached the same state in the competition could have received a similar revenue.”
However, a game where two teams from the home city confront each other leads to the loss in revenues that would have been sparked by the visit of supporters.
The results show “a peak in the revenue of the hotel industry” in the cities hosting a participating team, “comparable to those observed during congresses or trade-fairs,” specifies a statement.
The studies don’t include the ticket prices in the calculations, and base themselves on the price of transports and accommodations.
They also take into account the average touristic spending (cost of local public transportation, expenditures, and meals provided by the Institute of Tourism Studies Egatur), as well as the indicators of the beer prices and accommodations collected by GoEuro.
The touristic revenues also vary depending on the turnout of the games. For example, the study reveals that “Barcelona, Munich, and Torino could all make around €5,637,000 thanks to their teams making it to the semi-finals. Madrid, that has reached the same state in the competition could have received a similar revenue.”
However, a game where two teams from the home city confront each other leads to the loss in revenues that would have been sparked by the visit of supporters.
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