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This report is to determine how much sporting events can contribute to inward investment. 2 types of investment can be gained: short-term and long-term, as seen in figure 1.
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| Submitted: Tue Sep 23 2003
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Victoria Pauling Centre Number: 27216 Candidate Number: 6126 Word Count: 1649 Contents Introduction - page 2 Analysis - page 3 Conclusion - page 10 Bibliography - page 13 Figure contents Figure number Page number 1 2 2 3 3 4 4 5 5 6 6 6 7 7 8 8 9 9 10 10 11 11 Introduction Major sporting events are popular international events with sports people competing from many countries across the world. These events are watched by a large worldwide audience and can act as a focus for inward investment. Inward investment is income coming into a region from another region. This report is to determine how much sporting events can contribute to inward investment. 2 types of investment can be gained: short-term and long-term, as seen in figure 1. Short Term Investment Long Term Investment * Huge increase in tourists during the event. * Improved infrastructure and redevelopment in the host city. * Increased income for hotels, restaurants and retail. * Top regional and national sporting facilities. * Increase in visitors to tourist places in the host city. * New businesses moving into the area. * Income from sale of merchandise...
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