This study analyzes whether hosting mega-sporting events is a useful marketing platform for countries to promote international tourism on a longer term basis. Our model adopts the gravity equation of international trade to bilateral international tourist arrivals. We find a country-level tourism effect only for the Summer Olympic Games. Hosting increases international tourist arrivals significantly in the 8 years before, during, and in the 20 years after the event. In contrast, hosting the FIFA World Cup is overall ineffective in tourism promotion despite higher tourist arrivals in the event year. We attribute these differences in international tourism legacy to the level of strategic planning in promoting tourism, the impact of media on the broadcasting audience, and the participating countries.
This contribution analyzes 132 factors on their potential to discriminate countries bidding for hosting the Olympic Games from non-bidding countries. Our binary, clustered model using generalized estimating equations (GEE) shows that countries recording long-term economic growth and pursuing a liberalization and globalization policy will consider an Olympic bid. In addition, countries with an urban population above 10 million, with stable election results and an improvement in health standards as well as more attractive tourism destinations are more likely to bid for the Olympic Games. Finally, the bid decision is shaped by experience in hosting major sports events, a country and regional rotation, persistence and climatic conditions.
ArticleOlympiabewerbung 2024: Erfolgsfaktoren aus sozialökonomischer Perspektive Wirtschaftsdienst Suggested Citation: Maennig, Wolfgang; Vierhaus, Christopher (2015) : Olympiabewerbung 2024: Erfolgsfaktoren aus sozialökonomischer Perspektive, Wirtschaftsdienst, ISSN 1613-978X, Springer, Heidelberg, Vol. 95, Iss. 3, pp. 213-219, http://dx.doi.org/10.1007/s10273-015-1808 This Version is available at: http://hdl.handle.net/10419/111321
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