Mexico City is looking to consolidate itself as a hub of hospitality and entertainment, with the aim of securing an exciting future where major spectacles not only generate immediate economic benefits but also lay the groundwork for long-term sustainable development. This focus on expertise, openness, and generosity in receptions has positioned the city as a global center for top-tier shows, attracting impressive development to the megalopolis.
The month of November stands out as an extraordinary period, with an estimated economic spillover expected to exceed 30 billion pesos. This achievement is due to the commitment of the alliance between the public and private sector, demonstrating a shared interest among all actors involved, as well as an open invitation to those who have yet to join this initiative.
Mexico City shines on the international stage as a beacon of humanity and a model of unity and wellbeing, highlighting not only the quality of its spectacles but also the quality of life it offers to its citizens. This varied offer not only positions the city as one of the best hosts but also elevates the quality of life of its residents.
Renowned events like Formula 1, the NBA, and the Corona Capital festival have significantly contributed to this growth, attracting both domestic and foreign visitors, benefiting a wide range of economic sectors and workers in the city. The Mexico City Grand Prix stands out as one of the most lucrative events, with a significant economic contribution projected to have surpassed previous records.
The value chain of these events extends throughout the city, benefiting everyone from small merchants and artisans to large chains and entrepreneurs in sectors such as ticket sales, souvenirs, accommodation services, food, and transportation. Additionally, events like Corona Capital also significantly contribute to the local economy and employment in the region.
The diversity of festivals offered by Mexico City has solidified its image as a welcoming and versatile cosmopolitan city, capable of hosting large-scale events and rooted traditions. This focus on hospitality not only attracts visitors and promotes future investments but also builds a global reputation for the city as an unmissable destination.
In tune with renowned sports and cultural events, Mexico City projects itself as a magnet for world-class events that not only generate tangible economic benefits but also foster culture, hospitality, and entertainment in the region.
