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Abstract

Sports events are currently associated to economic profits and tourism attraction. It is increasingly common for cities to consider local development strategies where sporting events take the center stage. This study analyzes the economic impact of the XVIII Spanish Spring Open Absolute Swimming Championship 2017. It addresses three aspects of economic impact. First, it applies a Cost-Benefit Analysis (CBA) to estimate the economic impact of the event. Moreover, it identifies and describes the socio-demographic and tourist profile of the attendees to the event. This provides a better understanding of spending pattern of the event. Finally, it identifies the presence of shadow prices for the championship, which has traditionally been free of charge. The event attracts a total of 902 attendees who spend 3.9 days on average in the host city. Average expenditure is close to 260 euros and it provides a direct economic impact of nearly 200,000 euros. Attendees to the event who were first-time visitors to the city represented 25% and 88% of these visitors indicated their intention to repeat the visit. The results of measuring an intangible aspect like shadow prices were also very revealing. A high percentage of attendees were willing to pay a fee for attending the event. Specifically, the respondents indicated the possibility of paying €7 on average per competition day. Furthermore, this paper provides new evidence on the economic impact of medium-sized events and their ability to participate in local economic development and tourism attraction.

A 360º sustainable approach of sport events legacies: A systematic review

“…It is therefore urgent to define this concept in context, so that researchers can unify criteria, allowing them to compare their analyses. This review mainly found research that focused on sport impacts (Chen and Henry, 2016;Frawley and Van den Hoven, 2015;Malchrowicz-Mosko, et al, 2019), secondly, on economic impacts (Jerkunica et al, 2017;Parra et al, 2018;Salgado et al, 2018) and, thirdly, on urban/infrastructure impacts (Añó et al, 2012;Butel-Ribeiro and Schor, 2017;Parra et al, 2018). Two of the three mentioned (sport and urban/infrastructure) are not found in Preuss and Solberg's (2006) classification.…”

Impacto económico de los pequeños y medianos eventos deportivos. Estudio del caso de la región de Castilla y León (España). (The economic impact of small and medium sized sporting events: A study of the case of the autonomic region Castile and León (Spain))

“…De acuerdo con Salgado et al (2018), el texto de la encuesta para los asistentes se estructuró en cuatro partes diferentes con un total de 26 preguntas. La primera parte del cuestionario pretendía identificar si el asistente era residente en la ciudad de celebración del evento al que asistía.…”

“…Las instituciones públicas han tomado conciencia de este fenómeno, y más allá del innegable interés meramente deportivo que puedan tener, buscan analizar su importancia para el apoyo y promoción de los lugares donde se celebran. En este sentido, son esenciales estudios que permitan captar la dimensión de los eventos deportivos realizados sus flujos económicos en las áreas locales o regionales en las que se centran los eventos de pequeño y mediano tamaño (Salgado, Sánchez, Pérez & Barajas, 2018).…”

Motivations and Expectations of Olympic Volunteers: Building a Legacy of Personal Development as a Key Factor for the Success of Sports Mega-Events

“…If we consider the main scientific advances from a global perspective, we see that one of the hot topics with great potential for growth has been the deepening of knowledge on sports mega-events, both in terms of their structure, organisation and main characteristics (Vegara-Ferri et al, 2018;Cerezo-Esteve et al, 2022;Ludvigsen et al, 2022;Reis et al, 2023) and in relation to their different stakeholders (Annear et al, 2019). Among other things, the results obtained in different studies allow a multidimensional analysis of the holding of sporting mega-events and their impacts on society (Barandela et al, 2018). In this sense, it is essential to monitor the evolution and modernisation of societies through new research that increases and differentiates knowledge from different perspectives (Kokolakis et al, 2020;Teixeira et al, 2023b).…”