The Movistar Arena has established itself as a multipurpose stage with a capacity for 14 thousand people, where the doors are opened to all residents of Bogotá to present a wide variety of cultural events. It is undeniable that there are all kinds of opinions on the matter, but one thing is certain. The impact for the country's capital in social, economic and especially cultural terms has been enormous.
Data revealed by Quintero show that nearly 500 billion pesos are moved each year in all types of sectors: tourism, hotels, restaurants, transportation, insurance, ticketing, leasing, concessions, etc. In addition, it states that since the doors of the Movistar Arena opened, more than 390 thousand work shifts have been generated, even during the pandemic. “It is important to mention that the cultural sector is almost five percent of the Bogotá economy, while in Colombia it is three percent. So in Bogotá it weighs much more than at the national level, and I think it is because of all the dynamism that there is, because of the varied cultural offer that exists, and the Movistar Arena has been fundamental in this growth of entertainment in Bogotá and in Colombia”, reveals.