The America's Cup, starting in Barcelona, aims to shift focus towards quality tourism amidst concerns of overtourism, despite criticism from locals and high-profile events.
Critics of the America's Cup express concerns over its elitism and the negative impact on local communities, fearing increased rents and gentrification in Barcelona.
Esther Jorquera of the Platform Against the America's Cup highlighted the event's exclusivity, stating it would bring 'every sort of misery to the city'.
Residents claim the America's Cup is causing a rent increase and attracting speculation in Barceloneta, a neighborhood already struggling with housing affordability.
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