To welcome the competitors for the America’s Cup this year, Valencia is opening itself to the sea. For the first time in more than 150 years – from June 23 to July 7, 2007 – Europe will host sailing’s most prestigious event.
Aficionados will flock to this city on Spain’s Mediterranean to watch the world’s best yachtsmen from 10 countries battle it out. Officials are predicting the America’s Cup will create 10,000 jobs and generate $1.5 billion for the Spanish region’s economy. Since 1851, America’s Cup races have only been held in Britain, the U.S., Australia and New Zealand. Reliable wind conditions, year-round temperate weather and the promise of a race that will bring spectators closer to the sailing action were key factors in convincing officials that Valencia would be the best venue. To meet increased demand, new hotels have been opening since 2004 including the 157-room Puerta Valencia by native son, Javier Mariscal near the City of Arts & Sciences; the 48-room South Beach-style Hotel Neptuno on Malvarrosa Beach; the 66-room boutique property Palau de la Mar that joined two 19th century palaces in the city center; and the five-star 254-room Hotel Balneario Las Arenas that has become the centerpiece of Valencia’s increasingly sophisticated seafront. In 2006, three more five-star properties debuted: the 306-room Valencia Hilton, the 271-room Hotel Sorolla Palace, and the 136-room Westin Alameda. A four-star boutique hotel, the 100-room Vincci Lys opened on a quiet pedestrian street in the old quarter.
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