Sevilla province is losing up to €1.48million per day following the Toledo train disaster, business leaders have warned.
It comes as the vital Madrid-Andalucia rail corridor remains closed following the collision near Urda last Wednesday, which left 69 people dead and dozens injured.
Sevilla’s Chamber of Commerce estimates that losses could reach between €80.57 million and €85.87 million if the connection remains suspended until the end of the year.
The report, produced with consultancy Merkadhok and presented on Thursday, examines the direct economic consequences of the closure.
Madrid is Sevilla’s largest domestic visitor market, making the disruption particularly damaging for hotels, restaurants, shops and other businesses.
Merkadhok chief executive Javier Galan said the estimates covered income lost by Sevilla, excluding wider indirect effects and fiscal consequences.
The calculations use 2025 figures without adjusting for inflation, meaning the actual impact could be greater, he added.
The report puts November’s daily losses at between €1,384,687 and €1,476,116. For December, the estimated daily impact is around €1.3 million.
The eventual total depends on when services resume and how much capacity is restored.

A reopening on November 14 would imply direct losses of approximately €18million to €19million.
If the connection remained unavailable until December 13, the estimated bill would rise to between €56.65 million and €60.38 million.
A closure lasting until year-end could also mean almost 392,000 fewer visits to the province across November and December.
The report accounts for some passengers switching to planes, coaches or cars, but still forecasts a substantial shortfall.
Under the November 14 reopening scenario, Sevilla would lose an estimated 84,981 visitors. That rises to 271,788 if services do not return until December 13.
Hotel stays are also at risk. A shutdown lasting until the end of December could result in between 278,270 and 299,675 lost overnight stays.
Chamber president Francisco Herrero urged action, warning that the situation could worsen without solutions.
Sevilla council finance representative Juan Bueno described the projected losses as alarming and called for the causes to be established and alternatives found.
The study did not calculate employment losses, but business representatives warned that recruitment could suffer.
Jorge Castilla, president of the Sevilla and Province Hotels Association, said some seasonal workers on permanent intermittent contracts might not be called back.
Hospitality association president Alfonso Maceda said hospitality and retail normally generate around 18,000 new Christmas contracts, warning that recruitment would fall if the disruption continued.
Read more Andalucia news at the Spanish Eye.
