Costs and Benefits of Hosting Sporting Events

When hosting an event in Abbotsford there are appropriate costs to consider  and valuable benefits to gain.

Costs to Consider

The benefits of sport hosting are broad and diverse, but it is very important to accept and realize that these benefits are realized at a cost. The common costs of sport hosting include: Bidding fees, Bidding costs, Capital construction, Event direct costs, In-kind costs, Congestion, Dislocation, Competition for Funds, Competition for Volunteers and Staff Opportunity Cost.

•  For more information on the definition of the sport hosting costs please click here.

Benefits

The benefits of sport hosting are many and varied, and include Participant expenditures, Spectator and other visitor expenditures, Non-direct visitor expenditures, Direct event revenues, Return visitor expenditures, Local multipliers, Identity enhancement, Youth development, Enhancement of cultural, ethnic or minority groups, Volunteer development & can be a Catalyst for change.

•  For more information on definitions of the benefits of sport hosting click here.

Event Host Checklist

Tourism Abbotsford wants to help you plan your next event here in Abbotsford. We have compiled a convenient checklist to ensure you think of all the possiblilities!

•  Event Host Checklist

 

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