Economic Overview of Major Sporting Events in the Czech Republic in 2015
Economic Overview of Major Sporting Events in the Czech Republic in 2015

Summary/Abstract: In 2015 two major sporting events take place in the Czech Republic. 2015 IIHF World Championship will take place with the participation of sixteen teams from 1st to 17th May 2015. Czech Republic will host the event with games will be played in Prague and Ostrava. UEFA European Under-21 Championship the final tournament will be hosted in the Czech Republic from 17th to 30th June 2015. The matches of the tournament will be played in Prague, Olomouc and Uherské Hradiště. According to the theories major sporting events leave economic impacts on local economies. Sporting events make new job positions for people who organize the tournament. Sporting events attract lot of tourists, who spend money for accommodation, transportation, entertainment, tickets and retail. There are presented several economical impact studies which there made for such events in previous years and countries. International sporting events attract sponsor awareness and media attention which is also very important in promoting the Czech Republic as the touristic destination.

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