Article Abstract Assignments - Assignment Example

Harry Arne Solberg and Holger Preuss conducted a research d “Major Sports Events and Long-Term Tourism Impacts” and through this research they tried to figure out the long-term effect of hosting a significant sporting event on the economy of the host nation (Solberg 213). The research questions explored by the researchers include: the requirements that a nation needs to meet to hold a significant sporting event, the economic advantages and disadvantages of altering the infrastructure of the host nation and the future benefits of changes in infrastructure for the tourism of the host nation.

The researchers used both the empirical method and the theoretical approach but their empirical research is limited and does not provide insight regarding the outcomes of holding major sporting events. The researchers figured out that certain times investment in a particular city’s infrastructure is over utilized and due to this other cities suffer. Secondly, host cities may end up investing more than the supply of tourists and they may face a loss. The researchers even figured out that tourists who come to watch the event can only help in covering the operational cost and not the infrastructure cost.

Thirdly, the event can only attract short term tourism and in order to maintain the attraction of the region, more investment needs to be done. The researchers were successful in determining that investment in infrastructure should be done in compliance with the demand and they even provided insight that to keep attracting more tourists, new investments will be required so it investments conducted to attract tourist is not a onetime investment. The researchers lacked in conducted a long empirical research on providing details regarding the experiences of the tourists of such events.

Works CitedSolberg, Harry A, and Holger Preuss. "Economics and Finance - Major Sport Events and Long-Term Tourism Impacts." Journal of Sport Management. 21.2 (2007): 213. Print.