Evaluating the economic contribution of a large indoor entertainment venue: An inscope expenditure study

Edwards, D; Foley, C; Dwyer, L; Schlenker, K; Hergesell, A

Evaluating the economic contribution of a large indoor entertainment venue: An inscope expenditure study

Edwards, D

Foley, C

Dwyer, L

Schlenker, K

Hergesell, A

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Publication Type:: Journal Article
Citation:: Event Management, 2014, 18 (4), pp. 407 - 420
Issue Date:: 2014-01-01

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Field	Value	Language
dc.contributor.author	Edwards, D https://orcid.org/0000-0002-8345-9700	en_US
dc.contributor.author	Foley, C https://orcid.org/0000-0002-8851-9119	en_US
dc.contributor.author	Dwyer, L https://orcid.org/0000-0002-9797-1043	en_US
dc.contributor.author	Schlenker, K https://orcid.org/0000-0001-9917-8973	en_US
dc.contributor.author	Hergesell, A https://orcid.org/0000-0001-6794-7045	en_US
dc.date.issued	2014-01-01	en_US
dc.identifier.citation	Event Management, 2014, 18 (4), pp. 407 - 420	en_US
dc.identifier.issn	1525-9951	en_US
dc.identifier.uri	http://hdl.handle.net/10453/31803
dc.description.abstract	© 2014 Cognizant Comm. Corp. Music events are elements of entertainment that are important to people's social lives. Large indoor entertainment venues meet this need through the provision of entertainment such as live music performances. While large indoor entertainment venues impact the economies of the communities in which they are located, there is minimal research that investigates their economic contribution. To address this gap, this article examines the inscope expenditure arising from a range of events held at the Sydney Entertainment Centre (SEC) for the areas surrounding it-Chinatown/Haymarket precinct, the Darling Harbour precinct, and the City of Sydney local government area. It was found that the SEC benefits the immediate venue location, as well as adjacent business precincts, with backward and forward economic linkages evident in visitor expenditure patterns. Surprisingly, free concerts were also found to generate high expenditures in surrounding areas. Implications for stakeholders are discussed.	en_US
dc.relation.ispartof	Event Management	en_US
dc.relation.isbasedon	10.3727/152599514X14143427352076	en_US
dc.subject.classification	Sport, Leisure & Tourism	en_US
dc.title	Evaluating the economic contribution of a large indoor entertainment venue: An inscope expenditure study	en_US
dc.type	Journal Article
utslib.citation.volume	4	en_US
utslib.citation.volume	18	en_US
utslib.for	1506 Tourism	en_US
utslib.for	1503 Business and Management	en_US
utslib.for	1504 Commercial Services	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Faculty of Business/Management Discipline
utslib.copyright.status	closed_access
pubs.issue	4	en_US
pubs.publication-status	Published	en_US
pubs.volume	18	en_US

Abstract:

© 2014 Cognizant Comm. Corp. Music events are elements of entertainment that are important to people's social lives. Large indoor entertainment venues meet this need through the provision of entertainment such as live music performances. While large indoor entertainment venues impact the economies of the communities in which they are located, there is minimal research that investigates their economic contribution. To address this gap, this article examines the inscope expenditure arising from a range of events held at the Sydney Entertainment Centre (SEC) for the areas surrounding it-Chinatown/Haymarket precinct, the Darling Harbour precinct, and the City of Sydney local government area. It was found that the SEC benefits the immediate venue location, as well as adjacent business precincts, with backward and forward economic linkages evident in visitor expenditure patterns. Surprisingly, free concerts were also found to generate high expenditures in surrounding areas. Implications for stakeholders are discussed.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/31803