Explore the economic benefits of the Eurovision Song Contest on Denmark, with a focus on Copenhagen. Discover how Copenhagen becomes the real economic winners without paying for it. Understand the impact on tourism and local businesses in both Copenhagen and Malmo. Compare the economic impact and expectations for the current Eurovision event in Malme. Learn about the preparations made by Malmo to host the contest and the economic implications for the city and neighboring regions.
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Quick takeaways
Copenhagen anticipates an economic boost from Eurovision with an influx of international tourists staying in the city and commuting to the nearby event, benefiting the local economy
Neighboring cities like Copenhagen can also benefit from major global events hosted by neighboring countries due to increased tourist activity and shared economic benefits
Deep dives
Copenhagen's Economic Boost from Eurovision
Copenhagen, Denmark's capital, anticipates an economic boost from the upcoming Eurovision Song Contest held in nearby Malma, Sweden. With easy transportation between the two cities, many visitors are expected to stay in Copenhagen and commute to the event. This influx of tourists is predicted to benefit the city's hotels, bars, restaurants, and cafes. Copenhagen, with its rich history, unique cuisine, and modern architecture, offers attractions that appeal to international tourists. The average international tourist spends around $300 per day in Copenhagen, contributing significantly to the local economy.
The Influence of Global Events on Neighboring Cities
The economic impact of major global events, like Eurovision, extends beyond the host city. Neighboring cities, in this case, Copenhagen, also stand to benefit from increased tourist activity. Similar patterns have been observed in other international events, such as the World Cup in Qatar, where neighboring countries like the UAE and Saudi Arabia experienced significant economic gains. The proximity between Copenhagen and Malmo provides a complementary relationship, as visitors attending Eurovision are likely to explore both cities, resulting in shared economic benefits.
Malmo's Economic Expectations for Eurovision
While Malmo, the host city for Eurovision, expects a boost to its economy, there are certain limitations. The city's budget for hosting the event is considerably lower than that of previous host cities, impacting its capacity to fully capitalize on the economic opportunities. Additionally, the smaller size of Malmo's hotel industry, with around 5,000 rooms compared to Copenhagen's 24,000, may lead to some visitors choosing to stay in Denmark instead. However, local businesses in Malmo, such as hotels and restaurants, are likely to experience increased activity during the event.
As Malmö receives the keys to this year's event, we look at how Copenhagen in Denmark could be the real economic winners - without having to pay for it.
When the Swedish city last hosted the competition in 2013, officials estimated around a third of overnight stays were in the Danish capital.
We speak to officials in both cities - just 30km apart and connected by the Øresund Bridge - to examine what fans can expect, and explore how other nations around the world get in on the action when a neighbouring country hosts a global event.
Produced and presented by Daniel Rosney
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