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The Impact of the US Economy on the Events Industry
Pages 7 (1757 words)
Name Instructor’s Name Course Date The Impact of the U.S. Economy on the Events Industry Overview of the Events Industry In the published report on the Labour Market Review of the Events Industry, it was explicitly revealed that defining the events industry initially proved to be a challenging endeavor.
To the customer or guest, as special event is an opportunity for a leisure, social or cultural experience outside the normal range of choices or beyond everyday experience” (Allen, O'Toole and McDonnell qtd. in Skoultos and Tsimitakis 1). The definition was corroborated by Getz who traced the evolution of the events planning and management as a profession and disclosed that “events are an important motivator of tourism, and figure prominently in the development and marketing plans of most destinations” (Getz 403).With more organizations pursuing endeavors that focus on a variety of events, it was, therefore, imminent that a categorization of events naturally occurred. From among the events categorization that emerged, the following were noted: local, major, hallmark and mega events (Skoultos and Tsimitakis); and the typology of planned events as presented by Getz who differentiated cultural celebrations, political and state events, arts and entertainment, business and trade, educational and scientific, sport competition and recreational events, and finally, private events (Getz 404). ...
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