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: But the merchants are clamoring for more parking
But the merchants are clamoring for more parking
2019-03-11 19:23:28.926528+01 by
Dan Lyke
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Closing Central Madrid To Cars Resulted In 9.5% Boost To Retail Spending, Finds Bank Analysis
Banco Bilbao Vizcaya Argentaria – better known as BBVA – compared the 2018 takings with retail data from two previous Christmas periods, and found a 3.3% increase in spending across the whole of Madrid thanks to the restriction on car use in the central area. The study, carried out in association with the City of Madrid, measured sales between December 1, 2018 and January 7, 2019.
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