Eurovision 2023: £55m profit for Liverpool!

According to the official announcements of the city of Liverpool, during Eurovision 2023 the economy had a revenue of £55 million. Twice as much as they originally estimated.

473,000 people visited Liverpool during the week of Eurovision Song Contest, leaving at the local economy (in cafes, bars, hotels, restaurants, shops) approximately £55 million.

Both the visitors, as well as the financial gains for Liverpool, were more than the competent bodies were expecting from the beginning. Council chairman Liam Robinson said the figures speak for themselves, adding:

Jobs were created, local businesses were on the receiving end of a much-needed boost and hundreds of thousands of people came to the city, had a great time and are more than likely to return again!

The Mayor of Liverpool, Steve Rotheram, pointed out that the city had given fans, whether watching in person or on TV, “a Eurovision they will never forget” and that it was “a vital shot in the arm for our local economy”.

Culture Minister Stuart Andrew noted: “This research demonstrates the positive impact of hosting major events and I hope that we can continue to build on this success.”

Liverpool was the first city in the United Kingdom to host Eurovision Song Contest after 25 years, with the main shows being held at M&S Bank Arena.

After Loreen’s win, Sweden will host next year’s contest at Malmö!

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Source: BBC