Developing Destination-Specific Events

This report explores the diversity and structure of the global event industry, factors influencing its development, and management strategies for responsible event development. It discusses the value, impacts, and legacy of global events, as well as their impact on the environment. The report also evaluates specific management strategies used in the event industry and their impact. Overall, it highlights the importance of effective management strategies for successful events.

Developing Destination-
Specific Events--

TABLE OF CONTENT
INTRODUCTION...........................................................................................................................3
PART-A..........................................................................................................................................3
Diversity of global event industry, its structure and its organised, together with place of
different types of events within society.......................................................................................3
Factors that influenced development of event industry ..............................................................3
Evaluation of key factors that influence development, structure and organisation of event
industry and role of different event within society......................................................................4
Value, impacts and legacy of range of global events together with environment.......................5
Management strategies used to support responsible events development...................................5
Critically evaluation of specific management strategies that used in event industry..................6
Impact of global events on different level of environment, strategies used by industry to
support future development ........................................................................................................6
CONCLUSION................................................................................................................................7
PART-B- covered in PPT................................................................................................................7
REFERENCES................................................................................................................................1
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INTRODUCTION
With increase in customers disposable income and technology development travel and
tourism industry has tremendously grow in external environment. People likes to visit different
places, destination or attend Global events in order to have fun and enjoyment. There are
numerous factors that contributed in development of events both at global and local level. This
report is based on study of examination of diversity of global event industry, its structure and key
factors that contribute in shaping event industry. It has also included information related to
management strategies that has supported development of responsible tourism.
PART-A
Diversity of global event industry, its structure and its organised, together with place of different
types of events within society
Global events are events that are held at large scale with lot of audiences and Global
events can be easily classified on basis of several factors such as major events, hallmark , mega
events and local community (Sirunyan and et.al , 2017). Therefore, diversity of global event
industry, its structure, its organised can be explained as follows:
Mega events: These are one- time sports events that are organised at international scale by some
special authority thereby have extreme level of media coverage. It has great impact on economic,
infrastructure and tourism and several others factors due to its importance and large size.
Furthermore, it can be that there are several parallel activities like cultural events or festival.
Hallmark events: These are events that become so identified with spirit of town that lead
synonymous with name of place thus they have widespread awareness and recognition (Maqsood
and et.al, 2020). Thus, it can be stated that it is mainly designed in order to increase the appeal of
specific tourism destination or region so that more and more tourist can come from different
places to have fun and enjoyment.
Community event: It has limited scope as host of events and festivals are organised in order to
target local audience for their fun and entertainment value. Thereby community event has helped
in enhancing pride of community, creating a place of belongingness and entertainment value.
Factors that influenced development of event industry
There are numerous factors that impact on development of event industry like like exiting
taste and preferences of people, trends in external environment, disposable income and
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psychological. The factors which influenced developing of events industry can be explained in
detailed as follows:
Existing taste and preferences of people: With development of more entertaining events across
worldwide with better facilities has influenced people to attend events in order to have
relaxation and fun. Therefore, it can be understand that existing trends, preferences or interest of
individual to enjoy their leisure time and money in several events has promote the growth of
global events.
Disposable income: It can be stated with increase in economic growth and disposable income of
people demand and growth of events industry has increased so that best and better services can
be render to customers (Nissenbaum and Shifman, 2020). Thus, it contribute in adding more and
more customers and future demand of events in near circumstances.
Technological development: It is another factors which has contributed in development of
events industry as with development in technologies new and better method are found in order to
delivered best services to end customers. Event industry and several organisation are finding
different method to delivered services to people by use of innovative technologies which has
further contributed in enhancing their satisfaction level.
Evaluation of key factors that influence development, structure and organisation of event
industry and role of different event within society
It can be critically evaluated and understand from above analysis that several factors that
has contribute in development, structure and organisation of event industry. Structure of events is
developed on basis of its scope, objectives and key target audience of the events such as local or
people from worldwide are invited to take participation in the event to have fun and enjoyment.
There are several organisations that has expanded their business operation by understanding and
analysing trends and future demand of events in near circumstances. Many enterprise in order to
earn large profit are making improvements or use of best technologies to meet customers
expectancy so that end goals can be achieved (Pan and et.al., 2019). At last it can be stated that
event has important role in growth and development of society in terms of more availability of
facilities, infrastructure and many more so that no chance of inconveniences can be caused to
them in any circumstances. The above analysis, also helped in evaluating that events industry has
contributed in generating lot of employment and increasing disposable income of people thus
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making their life more better. Therefore it can be stated that events plays an important role in
society by making lifestyles of several individuals more easier and better.
Value, impacts and legacy of range of global events together with environment
Events have great impact on each and everybody life or aspects like political, economic,
social, cultural and political and the maximum benefits arising from such events has contributed
in enhancing its popularity. Events are most valuable for country as they contribute in brining
new tourist visitors from across worldwide to come and have fun. Thereby leading in generating
economic revenue and increasing disposable income of people and employment opportunities of
several individuals staying in society. It is also valuable as it helps in developing several
accommodation and travelling facilities such as hotels, restaurants etc. so that tourist can easily
stay, have fun and entertainment (Judea and Strube, 2016). The data also stated that global
events are valued around $1100 billion as per 2018 which is further expected to grow around
$2330 by 2026. For limited time, global event required huge amount of investment of capital so
that qualitative services can be delivered to individuals in best possible manner. Global events
has great impact on growth and development of tourism and hospitality industry as more and
more individuals or tourist are likely to visit in order to have fun and enjoyment. It also have
negative impact on environment and natural resources as visitors from across worldwide does
not have optimum utilisation of resources. Due to tremendous growth of event industry
government involvement has increased so that no unethical or illegal practices can be promoted
in the organisation. There are several legal laws and regulations that monitor global events such
as economic legacy, social, environmental and sporting legacy. Like government has made rule
for events to provide economic benefits to country in terms of generating employment or
creating new job opportunities for several individual (Attiogbé, 2018). Environmental are other
legal laws which have been made by government in order to regulate that no individual can
caused harm to natural resources or culture of host country.
Management strategies used to support responsible events development
Management of global events is crucial in taking steps towards sustainable or
responsible event development as it helps in making optimum utilisation of resources and
delivering key services to audiences. So that they can be motivated to be further part in the event
in order to have enjoyment and entertainment. Key management strategies that are used to
support event are prioritize of action, engagement of local people, recycle of material that helps
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in contributing sustainability of events. Organisation as well as government are coordinate taking
steps towards management of events so that more better experienced can be given to audiences
and best outcome can be achieved (Bulley and Brassett, 2020). Such as prioritize key action or
activities that need to be completed first so that no further delay can be caused to delivered
services to customers as per their expectancy. Engagement of local people is another key
management strategies that helps in supporting event development as they by ensuring that no
tourist harm the place or environment can contribute its development. Making more and more
people aware about the event held, the way it will helps in satisfying their needs in best possible
manner. Management strategy are formulate on the basis of data, facts and information collected
through different sources so that best actions can be decided to make it more successful for
achievements of end goals (Williams and et.al, 2017). Thus, management in order to reduce cost
of promotion and provide the view of event to maximum number of audiences has make use of
different strategies that helps in making people happy and satisfied. For example: social media
platform and Television, billboard, public relationship or different medium are used to promote
the events to several audience from different parts of world can be attracted to take participation.
Therefore, management strategies helps in finding new or innovative method to meet people
expectancy so that they can be influenced in future circumstances to become its part.
Critically evaluation of specific management strategies that used in event industry
From the above study, it can be critically evaluated that different management strategies
used in event industry that has in providing more personalised and better experienced to key
individuals. Management strategies like setting goals, identifying different method that could be
used to deliver services to customers helped in making improvements and events successful.
Management through identifying recent trends and formulating strategies according to it has
helped in meeting expectancy of tourist that has come from different destination in order to have
entertainment (Huang and et.al., 2017). Therefore, it can be evaluated that management
strategies have positive impact on development of event industry by taking necessary steps that
can help in adding more and more individual in the event.
Impact of global events on different level of environment, strategies used by industry to support
future development
Global event has several impacts on external environment of host country such as it can
be illustrate that organisation of event lead to ineffective utilisation or wastage of natural
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resources of country. There are limited resources in environment so they need to be fully utilised
so that maximum value can be delivered to maximum individuals. While at the same time it can
be stated that event have positive impact on economic of host country as it helps in generating
economic benefits by enhancing overall GDP, generating employment opportunities, increasing
disposable income of individuals, tax etc (Wang and et.al, 2017). Various development in
economy take place in terms of infrastructure or accommodation facilities so that tourist have
sufficient resources to satisfied their needs. Global event has negative impact on society like
limited access to facilities, resources, feeling of alienation and exclusion. There may be chance
of crime and antisocial behaviour in case management strategies are not effectively implemented
in order to tackle issue related to substance abuse. At the same time, several investment in
infrastructure contribute in making lifestyle of local people more better thus helps in achieving
the end goals. Event organisation has make use of different strategies in order to develop
industry such as use of more and more innovative technologies to delivered best services to
customers (Stercu and et.al., 2020). Government and firm by taking steps towards sustainable
management of resources is able to promote and development event industry. Therefore, it can
be understand, that global events have both positive and negative impact on external
environment.
CONCLUSION
It can be concluded from above report that event industry has diverse structure and
different scale of operation, size that generally depends upon objectives of organisation. It can
also be learnt from the above study that global events has impact on environment so out of them
negative impact should be removed for better growth and development of event industry in
future circumstances. At last it can be concluded that effective management strategies helps in
making event more successfully and interesting.
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REFERENCES
Books and journals
Attiogbé, J. C., 2018, October. Building Correct SDN Components from a Global Event-B
Formal Model. InInternational Conference on Formal Aspects of Component Software
(pp. 35-53). Springer, Cham.
Bulley, D. and Brassett, J., 2020. Everyday ethics of the global event: Grenfell Tower and the
politics of responsibility.Globalizations. pp. 1-17.
Huang, Y., Wang, H., Khajepour, A., He, H. and Ji, J., 2017. Model predictive control power
management strategies for HEVs: A review.Journal of Power Sources. 341. pp. 91-106.
Judea, A. and Strube, M., 2016, December. Incremental global event extraction. InProceedings
of COLING 2016, the 26th International Conference on Computational Linguistics:
Technical Papers(pp. 2279-2289).
Maqsood, H. and et.al, 2020. A local and global event sentiment based efficient stock exchange
forecasting using deep learning.International Journal of Information Management. 50.
pp. 432-451.
Nissenbaum, A. and Shifman, L., 2020. Laughing alone, together: local user-generated satirical
responses to a global event.Information, Communication & Society. pp. 1-18.
Pan, L and et.al., 2019. Global event influence model: integrating crowd motion and social
psychology for global anomaly detection in dense crowds.Journal of Electronic
Imaging. 28(2).p. 023033.
Sirunyan, A. M. and et.al , 2017. Particle-flow reconstruction and global event description with
the CMS detector.Journal of Instrumentation, p.86.
Stercu, G.A. and et.al., 2020. The path to a virtual global event The story of the European
Federation of Psychiatric Trainees Forum Bucharest 2020.Psihiatru. ro. 62(3).
Wang, R., Si, C., Ma, H. and Hao, C., 2020. Global event-triggered inner–outer loop stabilization
of under-actuated surface vessels.Ocean Engineering. 218. p. 108228.
Wang, Y. and et.al, 2017, April. Linking micro event history to macro prediction in point process
models. InArtificial Intelligence and Statistics(pp. 1375-1384).
Williams, R.E. and et.al, 2017. Management strategies for CLN2 disease.Pediatric Neurology.
69. pp. 102-112
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