The Euro Cup begins with tourist spending forecasts in their national bars sky-high. Football fans are expected to spend millions of euros in southern Gran Canaria on items such as beer, pizzas during the Euro 2024 men's tournament, which starts this week, providing a much-needed boost to retailers, pubs and bars. Many establishments have renewed their televisions, decoration and sound for weeks.
The Kelbet betting guide considers that the average daily expenses of a foreign tourist, according to other statistics from previous championships such as the Euro Cup in France 2016 or the 2018 World Cup in Russia, can generate income in the hotel sector, receiving 196.495.000 euros according to the ADR (average daily rate), published by the INE, of the different cities that could become headquarters.
Germany's Eurocup will be the first men's summer tournament since the pandemic without social distancing restrictions, signaling a much-needed boost for pubs and bars. An estimated 35.000 fans will likely tune in and cheer or boo each other aided by the favorable start times as the tournament is held in Germany.
Almost half of tourists with their families are expected to head to national pubs, bars or native restaurants to watch at least one match, a 115% increase on the last major men's international event, the 2022 World Cup, held in Qatar during the winter months. The great hopes placed on the German and English teams in the case of the south of Gran Canaria, the largest tourist markets. Spain, in the areas of workers and popular classes since there is little peninsular tourism. Most sales are booked during the qualifying rounds although either nation qualifying will mean a bigger boost to spending which can mean better business for those not selling products directly related to the tournament.
