The Independent highlights vital news coverage, supporting journalism on reproductive rights and climate change. They stress the importance of unbiased reporting, accessible without paywalls. Amidst the Cheltenham Festival hype, rising hotel prices fearfully impact attendance, as costs surged over 200% in a week, reflecting a broader trend affecting event participation. Chief executive Guy Lavender points out that this added financial pressure could lead to further declines in attendance. The festival significantly contributes to the local economy, generating approximately £274 million, showcasing its importance despite rising inflation and costs for attendees.
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More than 200,000 racegoers are expected to arrive in the Regency spa town for the highlight of the National Hunt racing calendar.
However, after last year's attendance fell by nearly 11,000 to 230,000, chief executive Guy Lavender has already warned of a further decline.
Earlier this month, analysis by firm Mybettingsites.co.uk suggested a five-night stay for two adults in Cheltenham for festival week rose to an average 3,288 from 1,081.
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