Madrid's PCOs call for larger event spaces

Madrid has great growth potential for business tourism, but it needs to immediately set up suitable spaces to host large events, according to the Professional Organization of Congresses (OPC) of Madrid, which says that congresses play a key role in boosting the national tourism sector.

 

 

The capital already occupies the second position in the world ranking of congress cities, according to data from the International Congress and Convention Association (ICCA). During 2015, 135 trade fairs are expected to be held in the region. These figures will mean an economic impact of more than 2,000 million euros, 44,000 jobs and a forecast of more than 2.5 million visitors.

Ifema, is the jewel in the crown in this area, and congresses are vital for the city of Madrid, as they fill hotels and increase the economic level for all the economy that move around.

But the capital of Spainña need other large spaces a where to develop medium-sized events that concentrate the thousand people, accordingún Professional Organization of Congresses of Madrid, belonging OPC España.

Palacio de Congresos y Exposiciones

The reopening of the Palacio de Congresos y Exposiciones de Madrid, located in Castellana, which has been closed since the end of December 2012, will mean"a "an extraordinary solució n " for this problem but the issue ó n is that the project aú n has a dilated development time, señala the association ó n in a statement.

The Madrid City Council has given its initial approval to the Special Plan for the Palacio de Congresos de Madrid in an urban reform that will exploit to the maximum the buildability of the plot in the financial area of Azca and the Santiago Bernabéu stadium. The building, with 23 floors, will reopená reinforced with a five-star hotel that could have up to 23 floors. The project, with a budget of ?86 million, will renovateá a complex closed in 2012.