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Hosting mega-events: A guide to the evaluation of development effects in integrated metropolitan regions

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  • Mills, Brian M.
  • Rosentraub, Mark S.

Abstract

Each time a city or region seeks to host a mega-event such as the Olympic Games, boosters proclaim vast benefits related to increased tourism and wealth flowing into the area. While benefits can exist in some form or another, the net gain for a region seeking to bolster its economic standing is often overstated. This is especially true for highly integrated regions when a center city is the sole entity making the event investment. Much of this results from a collection of erroneous assumptions and a failure to account for the integration of economic activity within a region. We address common issues with these reports and provide a guide for evaluating the net benefit of hosting an event. More specifically, we argue with detailed examples that industry share and commute shed analysis are indispensable tools when evaluating capture rates of new spending within the boundaries of the investment area.

Suggested Citation

  • Mills, Brian M. & Rosentraub, Mark S., 2013. "Hosting mega-events: A guide to the evaluation of development effects in integrated metropolitan regions," Tourism Management, Elsevier, vol. 34(C), pages 238-246.
    • Handle: RePEc:eee:touman:v:34:y:2013:i:c:p:238-246
    DOI: 10.1016/j.tourman.2012.03.011
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    References listed on IDEAS

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    Cited by:

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    2. Ted Hayduk, 2019. "Leveraging sport mega events for international entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 15(3), pages 857-881, September.
    3. Hui Wang & Peng Ju & Honggang Xu & Donna Wong, 2019. "Are Grassroots Sports Events Good for Migrant Cities’ Sustainable Development? A Case Study of the Shenzhen 100 km Hikathon," Sustainability, MDPI, vol. 11(1), pages 1-16, January.
    4. Daehwan Kim & Chanmin Park & Hany Kim & Jeeyoon Kim, 2019. "Determinants and Outcomes of Volunteer Satisfaction in Mega Sports Events," Sustainability, MDPI, vol. 11(7), pages 1-18, March.
    5. Krystian M. Zawadzki & Marcin Potrykus, 2023. "Stock Markets’ Reactions to the Announcement of the Hosts. An Event Study in the Analysis of Large Sporting Events in the Years 1976–2032," Journal of Sports Economics, , vol. 24(6), pages 759-800, August.
    6. Qiyan Wu & Jianquan Cheng, 2019. "A temporally cyclic growth model of urban spatial morphology in China: Evidence from Kunming Metropolis," Urban Studies, Urban Studies Journal Limited, vol. 56(8), pages 1533-1553, June.

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