Los Cabos Tennis Open produced117 million pesos
September 28, 2023
The most recent Los Cabos Tennis Open edition actually turned out to be the most profitable in terms of figures after it was revealed that the economic revenue for the municipality was close to $118 million. Geoffrey Fernandez, the tournament’s director, made this announcement and noted that 33,524 individuals attended over the course of one week, which was a record for the event.
After the competition, the organization must check its financial records, compute costs and earnings, and determine whether the overall balance is positive or negative. The annual investment that is taken into account for each edition includes facilities, people, prizes, and players.
This sum of 117.9 million pesos merely illustrates how significant the competition is on a global scale and how visitors from various nations come to enjoy the best professional tennis. The components that are taken into consideration in the total sum previously indicated are airline tickets, box office revenue, housing, culinary consumption, and merchandise.
The increased revenue is guaranteed by the new features for the following year. Starting with the move from August to February, which will improve everyone’s experience in all ways because the extreme summer heat is avoided; and then there is the list of tennis players who are seeded, including Holger Rune, Stefanos Tsitsipas, Casper Ruud, and Alexander Zverev. There have never been four rackets from the ATP top 10 in any previous year.
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