Christkindelsmärik is a Christmas market held annually in Strasbourg, France, on the Grande Île, near Strasbourg Cathedral and the Place Kléber. It draws in approximately 2 million visitors each year. Hotels can be booked a year in advance and some receive between 15 and 17% of their yearly income thanks to the Christkindelsmärik's visitors. It is considered one of the most famous Christmas markets throughout Europe. It is estimated that the city benefits of a €16 million profit from this 38-day-long tradition. It is mostly famous for its fragrance of mulled wine.