In the most select district in the centre of the Túria’s capital, the Vincci Palace Valencia is located on calle de La Paz, two steps away from the Plaza Porta de la Mar and Paseo de la Ciudadela, it is in the city’s great tourist area, five minutes away from the Cathedral and the Church of Nuestra Señora de los Desamparados, also right next door to the Serranos towers and the famous “Miguelete”. The building, in the traditional style of most palace residences in the city centre, has been totally refurbished to maintain its impressive façade while remodelling its interior to make it one of the capital’s most contemporary hotel establishments.
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Valencia is the capital and most populous city of the Autonomous Community of Valencia and the third largest city in Spain, with a population of 810,064 in 2008. It is the 22nd-most populous municipality in the European Union and 35th-most populous urban area in the European Union.
It is integrated into an industrial area on the Costa del Azahar. Its main festival, the Falles, is known worldwide, while the traditional dish, paella, originated around Valencia.
The city contains a dense monumental heritage (including the Llotja de la Seda - World Heritage Site since 1996, but its landmark is undoubtedly the City of Arts and Sciences, an avant-garde and futuristic museum complex.
Valencia’s port is the biggest on the Mediterranean Western coast. The main exports are food and drink as the Valencian region is famous for its oranges, furniture, ceramic tiles, fans, textiles and iron products. Valencia’s manufacturing sector focuses on metallurgy, chemicals, textiles, shipbuilding and brewing.
Following the announcement that the 32nd America's Cup would be held in Valencia in 2007, the port underwent radical changes in which the port was divided into two parts, one part remaining unchanged while the other section would be used exclusively for the America's Cup festivities. The two sections are now divided by a wall that goes deep into the water in an attempt to maintain clean water for the America's Cup side.
Formerly an industrial city, Valencia saw rapid development that started in the mid-1990s, expanding its cultural and touristic possibilities, which turned it into a vibrant city, restoring old landmarks like the old Towers of the medieval city - Serrano Towers and Quart Towers, monasteries like the San Miguel de los Reyes monastery, which now holds a specialized library, the whole Malvarrosa Beach, with the construction of a 4 km (2 mi) long paseo or complete quarters, like the old Carmen Quarter, which has seen extensive renovation.
Valencia is known for Las Fallas, which is a famous local festival held in March, for paella valenciana, traditional Valencian ceramics, intricate traditional dress, and the striking new architecture of the City of Arts and Sciences designed by its own son, architect Santiago Calatrava.
La Tomatina, an annual tomato fight, draws crowds to the nearby town of Buñol in August. There are also a number of well preserved Catholic fiestas throughout the year. Holy week celebrations in Valencia are considered the most colourful in Spain. Valencia has a metro system, the Valencia Metro.
Valencia is famous for its vibrant nightlife. Today, the more alternative/bohemian bars and nightclubs are concentrated in the Carmen, while the student nightlife is found around Blasco Ibáñez and Benimaclet, the more mainstream weekend nightlife has its clusters in the areas of Cánovas and Joan Llorens. In the summer, there is also nightlife on the beach and at the Port. Agua de Valencia is the city's unofficial cocktail.
Public transport is provided by the Ferrocarrils de la Generalitat Valenciana (FGV) which operates the Valencia Metro and other rail and bus services. The Valencia Airport is situated 9 km (5.6 mi) west of downtown Valencia.
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