POSTED: October 31st 2012
NewsUpdate

Madrid 2020: Olympic bid boosted by 80,000+ hotel bed guarantee and room rate cap

(L to R) Carlos Diaz,President of the Madrid Hotel Industry Association (AEHM), Ana Botella, Mayor of Madrid,Alejandro Blanco, President Madrid 2020 and Spanish Olympic Committee /  Madrid 2020
(L to R) Carlos Diaz,President of the Madrid Hotel Industry Association (AEHM), Ana Botella, Mayor of Madrid,Alejandro Blanco, President Madrid 2020 and Spanish Olympic Committee / Madrid 2020

LAURA WALDEN / Sports Features Communications

October 31 – The Spanish bid to host the 2020 summer Games received an ulterior boost as the partnership between the Madrid 2020 Foundation, the Madrid 2020 Corporation and the Madrid Hotel Industry Association (AEHM) has confirmed guarantees for over 80,000 hotel beds.

Madrid is bidding to host the summer Games and the trio also agreed on a room rate cap against price gouging during the Games should they win.

The International Olympic Committee (IOC) requires that the three cities bidding to host the 2020 Games (Tokyo, Istanbul and Madrid) each make 40,000 rooms available for visitors for the Games. Madrid’s Mayor Ana Botella confirmed that they will top that figure comfortably, with the region’s 902 hotels making 80,585 beds available in total.

AEHM has asked that each of the city’s hotels pledge to cap rates and offer specific service conditions on 85% of their rooms, with that figure rising to 100% should Madrid be awarded the Games.

AEHM President Carlos Diaz, Madrid 2020 Bid President Alejandro Blanco, and Mayor Botella personally thanked the hotel industry for their cooperation with these decisions to back the city’s bid.

“We are very excited by the commitment shown by the hotel owners who have signed up to this partnership,” the Mayor said. “This demonstration of support by the businesses and people of Madrid is very encouraging and urges us on as we work towards fulfilling our dream.”

Bid chief Blanco added, “The Games are not just a sporting event but an opportunity to promote Spain by celebrating its history, experiencing the present and looking forward to the future, particularly the positive impact that an Olympic Games will have on Madrid and the Spanish people. Support is growing daily and over 80 per cent of the country is already expressing their support for our bid.”

“Winning the Games will be the catalyst for regenerating the country’s economy,” he added.

Blanco also noted on the fact that the occupancy rate for London’s hotels during the 2012 Games was 94%  and that the UK economy’s 1% growth between July and September had been attributed to hosting the Olympics.

“I’m not going to claim that Madrid 2020 will be the best Games of all time, but I will say that they will be our Games. They will belong to each and every one of us and we will work diligently to ensure sustainability.”

The IOC will choose their 2020 host city in Buenos Aires in September next year at their annual session.


Keywords · Madrid 2020 · hotels · Ana Botella · Carlos Diaz · Alejandro Blanco ·


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