According to the data released by the Madrid Congress Bureau (MCB), congress tourism made an economic contribution of 1.715 million euros to the city in 2022.
Madrid’s MICE tourism revenue in 2022
According to the data released by the Madrid Congress Bureau (MCB), congress tourism made an economic contribution of 1.715 million euros to the city in 2022. And 87% of 2019 has been achieved. This showed that Spain was regrouping in the MICE area.
Distribution of expenditures
According to the report, shopping is the target of nearly a million tourists; Accommodation and non-meeting expenditures in entertainment and/or restaurants were 38% and 30%, respectively, with the remainder being consumed by registration (18%) and companions (4%). The average stay of the international business traveler in the capital was 4.8 nights.