HOTELS and bars in Glasgow are set to rake it in after the city won the right to host the 2014 Commonwealth Games.
The successful bid could net the city a total £1billion in extra revenue, according to a new assessment based on Manchester’s success in hosting the Games in 2002.
Although early estimates range from £81million to £2billion, the survey by Scottish newspaper The Herald suggests £1billion as a realistic goal.
The 2002 games attracted £670m of investment into Manchester, along with one million visitors who spent £18million in shops, hotels, bars and restaurants over 10 days.
During the year, the games drew 18 million people to the North-west and injected £6billion into the economy.
Glasgow tourism officials believe the Games will help them reach their goal of increasing visitor figures by 60 per cent, which would boost tourist revenues from £700million to £1billion and support up to 40,000 jobs