The recent events surrounding the death of Pope Francis, his funeral, and the subsequent conclave that elected Pope León XIV have had a significant economic impact on the city of Rome, estimated at 451.1 million euros. According to Unimpresa, an Italian association representing small and medium enterprises, the period from April 21, 2025, the day of Francis's death, to May 8, 2025, when Robert Francis Prevost was elected as the new pope, generated an extraordinary economic boost for Rome, with estimates ranging between 342 and 576 million euros.
During this time, the city welcomed between 700,000 and 900,000 pilgrims and tourists, leading to a total of 2.4 million overnight stays. This influx has invigorated the local economy, contributing 144 million euros for accommodation, 57.6 million euros in restaurants, 28.8 million euros in transportation, and 43.2 million euros in religious souvenirs. While the events surrounding the death and funeral of Pope John Paul II in 2005 attracted three million pilgrims and generated an estimated impact of 500 to 700 million euros in today’s value, the recent occurrences were less intense but still benefited from the Jubilee and inflation, maintaining a significant economic influence.
Unimpresa is calling for institutions to transform this exceptional performance into a long-term engine for economic and cultural growth. They urge decisive investments in modern infrastructure and innovative tourism promotion strategies to capitalize further on Rome's spiritual allure. "Strategic investments are needed to expand accommodation options by creating new hotel facilities, hostels for pilgrims, and lodging spread throughout the surroundings," the association emphasized. They also highlighted the necessity of completing the C metro line and strengthening connections with Fiumicino Airport, the city's main airport.
As part of the ongoing ceremonies, a significant security operation will be implemented for the inaugural mass of Pope León XIV, scheduled for Sunday, May 18, 2025. The Prefect of Rome, Lamberto Giannini, convened a security committee after the date was announced, anticipating around 250,000 attendees between St. Peter's Square and the nearby areas. The security measures will involve over 5,000 agents from various forces, as well as military personnel.
Pope León XIV celebrated his first mass on May 9, 2025, in the Sistine Chapel, where he delivered his anticipated first homily. In it, he spoke about the relationship between Jesus and his disciples, relating it to the bond he aims to establish with the Catholic Church's prelates. His agenda continued with a prayer, the Regina Coeli, from the Central Loggia of St. Peter's Basilica on May 11, 2025, and a meeting with accredited media workers at the Holy See Press Office on May 12, 2025.
Looking ahead, the enthronement mass for Pope León XIV will take place on May 18, 2025. He is also set to hold his first general audience with the faithful on May 21, 2025, followed by a meeting with the Curia and Vatican workers on May 24, 2025. At 69 years old, the new pontiff faces one of his first symbolic decisions: whether to reside in the Apostolic Palace or opt for the simpler Casa de Santa Marta, a choice that could significantly impact the image he wishes to project.
The Casa de Santa Marta, formally known as Domus Sanctae Martae, has stood as a symbol of simplicity since its inauguration in 1996. Built during John Paul II's papacy, it is located just steps from St. Peter's Basilica and offers impressive views of St. Martha's Square. Initially intended to house cardinals during the conclave, Pope Francis chose it as his residence in 2013, reflecting his closeness to the people and his austere lifestyle.
On the other hand, the Apostolic Palace, the traditional papal residence, remains a symbol of papal authority and power. This monumental complex houses the Church's government offices, chapels, museums, and over 1,000 rooms. Although Pope Francis conducted formal activities like audiences and the Angelus prayer there, he never used it as his personal residence. The Apostolic Palace boasts a long history as the papal residence, known for its grandeur, contrasting sharply with the more modest Casa de Santa Marta.
As the world watches the new pontificate unfold, the decisions made by Pope León XIV will be scrutinized not only for their immediate impact but also for the long-term direction they set for the Catholic Church. His choice of residence may seem trivial, but it speaks volumes about the approach he intends to take as he leads the Church into a new chapter.
With the backdrop of significant economic activity and a growing influx of visitors, the Vatican and the city of Rome stand at a pivotal moment. The recent events surrounding Pope Francis's death and the election of León XIV have not only marked a transition within the Church but also provided an opportunity for Rome to rejuvenate its economy and cultural offerings.
