estimulo economico eng

ECONOMIC STIMULUS

The Integrated Resorts that LVSC proposes for

Spain: They will transform the leisure and the business

tourism sector in the country.

They will play an important role in the economic

recovery of Spain.

They will give the country a significant advantage

as they will increase the competitiveness of the

tourism business.

They will provide significant benefits:

Economic Stimulus: investment

attraction, visitors and incomes in the

resorts and other related businesses.

Mejora del turismo: estímulo del sector

turístico, atrayendo nuevos visitantes de

ocio y de negocios extranjeros, nacionales

y locales.

Improvement of tourism: promoting

tourism, attracting new visitors for leisure

and business, foreigners, national s and

locals.

Commercial Objective: increase of

business trips, focusing on MICE

activities, consolidating the city that

houses them as an international business

center.

Job creation: creation of thousands of

jobs at the resort and in the supply and

auxiliary industries.

Income tax: generation of new revenues

from taxes for local, regional and national

governments.

Competitive Advantage: positioning of

the city that hosts the project to be able to

compete with other international

destinations.

Social and environmental responsibility:

managing social and environmental issues

in responsible and rigorous cooperation with

operators and governments.

ECONOMIC STIMULUS

Economic impact of the Sands Integrated

Resorts

The investment of 17,000 million euros proposed

by LVSC for Integrated Resorts in Spain will

generate a significant increase in national and

foreign visitors, as well as in tourist revenues,

and will have a substantial positive impact on the

local economy of the city, the region and the

country. The impact analysis of international

economic experts shows that in 2025:

In general:

It will generate about 30,000 million

euros of total economic output.

It will create over 260,000 new jobs

directly and indirectly. For tourism:

It will attract over 11 million tourists,

contributing to 40 million hits a day

and producing an increase in tourism

income of about 15,500 million

euros.

The average number of tourists who

will visit the Integrated Resort will

spend 150% more per day than the

average of the tourist in Barcelona

and Madrid, not including the

potential expense in gambling.

There will be a 17% increase in

overnight stays in Barcelona or

Madrid.

Increased convention business and

related support activities.

The ideal type of tourism:

geographically diversified and of high

income.

Increased convention business and

related support activities.