Sport Tourism Development: An Economic Analysis

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Economic benefit support sport tourism develop
According to Ross (2001), economy force can drive sport tourism develop, when people have high disposable income and leisure time, it will motivate them to engage into sport tourism activities (p.4). Therefore a strong economy would be a big support on developing sport tourism such as developed countries.
Developed countries are those who had achieved high develop developed economy and advanced technological infrastructure, where it have high average income per capital of the population.
For example: United States, United Kingdom, Canada, Japan and etc. Based on Gratton, Shibli & Coleman (2005), in United States, government expenditure on sport expanded considerably and most of the expenditure …show more content…

Those events have successfully brought up the economy of Maryland. For example hotel, restaurants and other business in Maryland gain greatly benefit from the stream of visitor who comes for those events continuously. Total economic impact gain from those events in Maryland around $19,885,037(Sprecher & Francesconi, 2015).
While in Malaysia, sport tourism event also become one of the main income generate from tourism receipt. Take example such as major sport event - F1 Malaysian Petronas Grand Prix, which has become the country’s annual event since 1999 and has given from the total of RM500 million take to about RM1 billion to Malaysia (Utusan Malaysia,2002) (as cited in Husin , 2003, p.1).
Another example given by Utusan Malaysia (as cited in Husin, 2003, p.1), sport tourism event in Malaysia is the 2002 Langkawi Ironman Challenge which had around 331 triathletes participated for the event and contributed RM5 million to the country’s sports tourism industry.
In conclude, from all the data and case study had shown that capitalize sport events is a good way to generate foreign income and increases economic of the …show more content…

While in return, will attract visitor from other place who come and consume the facilities which will create income and job for the communities In conclude, community residents are responsible for creating the funds, and they receive a return on their investment in the form of new jobs and more household income(Crompton, 1995,

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