The International Cricket Council (ICC) Cricket World Cup 2015 (CWC 2015), the pinnacle of international one day cricket, was jointly hosted by Australia and New Zealand during February and March 2015. This is only the second time these two nations have hosted the event, the last being the ICC Cricket World Cup 1992, 23 years ago. The Tournament’s 49 matches were played over 44 days across 14 host cities. This served as a major catalyst for collaboration between the trans-Tasman neighbours towards a common goal and generating a sense of national pride felt by all attendees. The Tournament was attended by over one million, and watched by over 1.56 billion people worldwide. On 29 March 2015, it culminated in a final between the two host nations at the Melbourne Cricket Ground (MCG) that attracted a record breaking attendance of 93,013.
Abstract “On October 30, 2007, the FIFA Executive Committee appointed Brazil as host of the tournament. With this, the country will be the fifth to host the World Cup twice, after Mexico, Italy, France and Germany. However, the event’s profile has changed significantly since the 1950 World Cup. In 2014, we will have a large-sized tournament that will require extensive preparation processes and complex operations to be implemented. On the one hand, the World Cup will bring impacts and benefits – whether temporary or long-lasting, whether direct or indirect – to different economic and social segments. On the other hand, it also presents several risks, requiring effective management processes in the public and private sectors for the full flow of benefits to society.”
Abstract: “URS Finance and Economics (URS) was commissioned by the Department of Industry, Tourism and Resources (DITR) to undertake an economic impact study of the Rugby World Cup (RWC) 2003. This report and its economic impact modelling results build on the results estimated prior to the RWC in a report prepared by URS and included fine tuning of data and the incorporation of actual RWC specific data collected by a number of Government research and private sector organisations during RWC 2003. The RWC Tournament consisted of a total of 48 matches, including 40 pool matches and eight finals over a six-week period in October to November 2003. Matches were spread across 11 venues in ten cities (Adelaide, Brisbane, Canberra, Gosford, Launceston, Melbourne, Perth, Sydney, Townsville and Wollongong). The Semi Finals and Final were played in Sydney at Telstra Stadium. URS was commissioned to first, estimate the economic impacts of RWC 2003 on the Australian and its State economies and second, to quantify the contribution of Commonwealth Government agencies to the staging of the Tournament. The report outlines the process and the results estimated for the economic impact of RWC 2003. The quantification of the Commonwealth Government agencies contribution to staging the RWC 2003 was provided to DITR via a separate report. The activities associated with RWC 2003 had a number of economic impacts on the Australian economy. Some of these were felt immediately and lasted for only a matter of weeks or months, while others are expected to be felt over the longer term.
Abstract: Since its inception in 1987, the increasing scale and reach of Rugby World Cup has helped attract a globalized audience and provided each Host Nation with significant opportunities to attract international tourism, develop infrastructure, advertise itself to investors from around the world and leave a lasting legacy of growing participation at all levels and across a diverse player spectrum. Rugby World Cup 2015 will attract more
international visitors than any previous Rugby World Cup, with up to 466,000 visits expected across the duration of the Tournament. These visitors bring with them significant incremental spending to the Host economy, from purchasing
tickets to travel costs, accommodation expense, match day entertainment and in visiting other local tourist attractions. In total, international visitors are expected to contribute up to £869 million in direct expenditure.
Abstract: “This paper provides an empirical examination of the 2002 Winter Olympic Games in Salt Lake City, Utah. Our analysis of taxable sales in the counties in which Olympic events took place finds that some sectors such as hotels and restaurants prospered while other retailers such as general merchandisers and department stores suffered. Overall the gains in the hospitality industry are lower than the losses experienced by other sectors in the economy. Given the experience of Utah, potential Olympic hosts should exercise caution before proceeding down the slippery slope of bidding for this event.”
Description: “In January 2002, the B.C. Ministry of Competition, Science and Enterprise completed a study of the
economic impact of hosting the 2010 Winter Olympic Games. This update was commissioned to
a) review that study and make adjustments when appropriate, and b) update the study with more
recent information on expected spending and revenues. The study focused only on the impacts in
B.C. from spending which is funded from outside B.C. This is referred to as the incremental
economic Impact of hosting the Olympics. Economic impacts due to B.C. financed spending were
Source: Source: http://www.fin.gov.bc.ca/reports/Econ_Impact_2010_Games_Update.pdf