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Tourism

Palau de congressos,Norman Foster

Starting in the mid-1990s, Valencia, formerly an industrial centre, saw rapid

development which expanded its cultural and touristic possibilities, and transformed it

into a newly vibrant city. Many local landmarks were restored, including the ancientTowers of the medieval city (Serrano Towers and QuartTowers), and the San Miguel

de los Reyes monastery which now holds a conservation library. Whole sections of the

old city, for example the Carmen Quarter, have been extensively renovated. ThePaseo

Martimo, a 4 km (2 mi) long palm tree-lined promenade was constructed along the

beaches of the north side of the port (Playa Las Arenas, Playa Cabaal and Playa de la

Malvarrosa).

The city has numerous convention centresand venues for trade events, among them the

Feria Valencia Convention and Exhibition Centre (Institucin Ferial de Valencia) and

thePalau de congres (Conference Palace), and several 5-star hotels to accommodate

business travelers.

In its long history, Valencia has acquired many local traditions and festivals, among

them theFalles, which were declared Celebrations of International Touristic Interest

(Fiestas de Inters Turstico Internacional) on 25 January 1965, and the Water Tribunal

of Valencia (Tribunal de las Aguas de Valencia), which was declared an intangible

cultural heritage of humanity (Patrimonio Cultural Inmaterial de la Humanidad) in

2009. In addition to these Valencia has hosted world-class events that helped shape the

city's reputation and put it in the international spotlight, e.g., the Regional Exhibition of

1909, the 32nd and the 33rd America's Cup competitions, theEuropean Grand Prix of

Formula One auto racing, the Valencia Open 500 tennis tournament, and the Global

Champions Tour of equestrian sports.

The 2005 America's Cup yachting races were held at Valencia in June and July 2005

and attracted huge crowds. According to official data from the organizing committee, as

many as 150,000 visitors flocked to Valencia's port each day during the two weeks of

events.[citation needed]

Demographics

The third largest city in Spain and the 15th most populous municipality in the European

Union, Valencia has a population of 809,267[21]

within its administrative limits on a landarea of 134.6 km2 (52 sq mi). It is. The urban area of Valencia extending beyond the

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administrative city limits has a population of between 1,175,000[22]and 1,564,145.[23]

1,705,742[24][25][26] or 2,300,000[27] or 2,516,818[28] people live in the Valencia

metropolitan area. Between 2007 and 2008 there was a 14% increase in the foreign born

population with the largest numeric increases by country being from Bolivia, Romania

and Italy.

One notable demographic change in Valencia in the last decade has been the growth in

the foreign born population which has risen from 1.5% in the year 2000[29] to 15.1% in

2009,[30] a trend that has also occurred in the two larger cities of Madrid and Barcelona.[31] The main countries of origin were Ecuador, Bolivia, Colombia, Morocco and

Romania.[32]

Culture

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