Luxury tourism has influenced the rising cost of living in Madrid, attracting visitors from Mexico and Venezuela. According to Martín Amodío, Madrid is a welcoming city due to its diversity, and a significant increase in air traffic is expected in the coming years. The presence of luxury tourists has impacted the local economy, making restaurants and housing more expensive.
Amid this tourism boom, the presence of Mexican restaurants in the city stands out, such as the renowned Bakan restaurant in Plaza de la Independencia, which has won over both locals and tourists. Despite mixed opinions about the arrival of Mexicans in Madrid, it is undeniable that they have contributed to the city’s tourist appeal.
On the other hand, the presence of the Four Seasons hotel has been a milestone in the transformation of Madrid, offering luxury and exclusivity in the heart of the city. According to Marta Centeno, the hotel has changed the perception of Puerta del Sol and attracted high-spending tourists. The historic building housing the hotel is partially owned by the Amodío family and has become an icon in Madrid.
Safety has also been a relevant issue in the city, with Miguel Hidalgo standing out as one of the safest boroughs in Mexico City. Under the government of Mauricio Tabe, measures were implemented that significantly reduced crime in the area, improving the perception of safety among residents.
Regarding Madrid as a tourist destination, the city has experienced exponential growth in the offering of luxury hotels and exclusive experiences. The arrival of Aeroméxico has strengthened connections between Mexico and Madrid, making the city a coveted location for high-end tourism. Investment in projects such as the hotel in the Reina Victoria theater has elevated Madrid's category as a unique and sophisticated destination.
In short, Madrid is undergoing a transformation driven by luxury tourism and investment in infrastructure. Despite the challenges this entails, the city establishes itself as a destination of prestige and sophistication in the international landscape.
