With the theme of “Connecting minds, creating future” Dubai successfully won the EXPO 2020 bid against the other candidate cities: Sao Paulo, Brazil, Izmir, Turkey and Yekaterinburg, Russia.
The World Expo is being held for the first time in the Middle East and North Africa & South Asia region, which definitely brings joy and happiness to all of us. Not only is the Expo the third largest global event after the Olympic games and the FIFA World Cup but also does it act as an economical catalyst, which will create economical just like financial benefits during the run up of the event and even after.
The diagram above shows economic effects the World Expo’s had on the past host cities and the possible effects for Dubai, UAE.
At least 25 million tourists are expected to visit the 438-hectare large Expo site, which will be located near the Dubai Word Central. The costs are said to be $ 8.1 billion, with a total spending of $18 billion and a huge number of new jobs being created.
Compared to the last Expo in Shanghai, China which was bigger and had more visitors, it does not seem like a extraordinary and more ambitious event, however it will surely exceed the plans of Milan, Italy as their effects are of much lower quality than Dubai’s are estimated to be,
A recently conducted survey by the research company YouGov asked 1000 residents across the UAE.
The participants were asked what they believe will happen when Dubai wins the Expo 2020 bid..
As you can see in the diagram, 91% of the contestants stood behind their country and believed Dubai will win the bid. 81% of them said they will stay in the emirate, where as 60% are more likely to invest in the UAE.
Most of the residents believed, winning the EXPO 2020 will bring benefi...
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...tments in areas situated close to the Expo site around Dubai Word Central, as it is thought that the demand for this region is going to rise, as consumers will desire to be as close as possible to the event site.
Dubai has always been known for its tourism sector. And now that the Expo is going to be occurring here, the expectations for an even higher number of visitors are high. Helal Almarri, Director-General of Dubai’s Department of Tourism and Commerce Marketing believes the future planned innovations will attract a minimum of 25 million and a maximum of 100 million visitors between October 2020 and April 2021, of which 70 per cent from outside the UAE. Additional luxury resorts, cultural museums and other attractions of entertainment are scheduled to be built to ensure visitors have all doors open for discovery in all parts of the country including Abu Dhabi.
The primary source selected (Insert citation here) directly shows the location and attractions of Expo 67. For instance, one can see many different pavilions such as the Canadian Pavilion, Katimavik which is a nine-story inverted pyramid or the US pavilion which is the giant glass sphere. The source indirectly reveals the magnitude of the event, since there are many pavilions each connected to nations participating in the event. Furthermore, one can see the roads and bridges that were connected to the mainland that were built specifically for Expo 67. The world exhibition of 1967, was hosted by Canada to celebrate the country’s centennial. This essay will further explain: why exactly Expo 67 so significant and the insights and ideas from Expo 67 that can be taken into the future. Expo 67 took place in Montréal, Québec and was located on two man-made islands in the St. Lawrence River, Ile Sainte-Helene and Ile Notre-Dame. The Expo ran from April 28th until the
Dubai – the land of dreams, lavishness and vivacity, has always beguiled tourists, travelers, vacationers and backpackers from across the world. From the majestic high-rises like Burj Khalifa to vacant desolation, from the scorching desert to the snow skating rink, Dubai has always offered a wide range of opportunities for someone looking. However, travelling around Dubai and witnessing its rich heritage takes more than paying to the local travel agent. Further, not doing enough research will only disappoint your for the price you pay.
Transport is a political factor as it is controlled and affected by legislation. This will impact on the staff and opponents (travelling to the stadium) as the accessibility of transport will impact on travelling times – both positively (may avoid traffic on a train e.g.) and negatively (trains, buses etc. may be cancelled or delayed). The price of transportation will also affect the mode of transport that these groups of people may use. Similarly, price and accessibility of transport will affect the consumers also. The view that consumers hold on transport, therefore, is likely to impact on the business i.e. effort to travel, money to travel etc. as this will influence how often they will visit, what they will spend during their visit etc. According to (Mintel 2011,) the amount of people using train as a mode of transport is on the rise, mea...
... occurred somewhere else around the city. Furthermore, the number of generated new jobs is not big enough to support spending half a billion of the city’s funds in order to establish the new mega project. In addition, the demographic factors and the relation between the city and its surrounding counties will have a call on the feasibility of the project and the projected revenues that may come turning the city into a tourist and sports fans' hub. Perhaps the only proponents for such a project are the local coalition groups that may influence the city to fund the project in order for their businesses to revive and in order to make use of the public funds to create new business for themselves. In sum, publicly financing a new stadium is not recommended, and their effect on the local economy is poor enough not to boost local economies and local government revenues.
First, the slogan of Adidas, "Impossible is nothing." It is none other but the discontentment and the enterprising spirit that make a metropolis from a small fishing village. For us Shanghainese, impossible is nothing. If you think you can, you can. Look, the maglev is galloping toward the future; the Oriental Pearl Tower is welcoming everyone from the world. Can you see Shanghai's height and speed? Listen, Shanghai Grand Theater is reverberated with the classical opera, Shanghai international film festival is filled with acclamation. Can you feel Shanghai's rich flavor of culture? Who insists skiing is only available in the north? Shanghai ski run makes it possible for people to experience the excitement of skiing within Shanghai. Who says the sea is insurmountable? Donghai Bridge successfully turns a deep chasm into a thoroughfare. Who considers the world expo a dream? It will be held in Shanghai in 2010.
Events are opportunities for business people to gain exposure for their businesses, promote new products or services and make sure accurate information reaches targeted customers.
The Walt Disney plans to expand its presence in other countries too mainly the emerging market like China that offers great opportunity. Due to its highly advanced infrastructure and higher population, the Disney already made a biggest investment till date on a development and construction of Disneyland theme park in Shanghai, China. The success of Disneyland Hong Kong and the presence of 330 million people that resides within the 3 hour commute to Shanghai allows the Disney to invest $5.5 billion on this theme park. The Disney CEO states that the park will be open for the visitors in the early The company know its various revenue generating streams very well.
you think that it will draw a huge tourist crowd if the whole town or
The local culture and customs might attract the businessmen who are attending a conference in the city and give them a favorable experience, and then they are likely to establish their business operations there in the future. Thus business tourism can stimulate future investments for the destination.
Another economy growth, related to tourism, is the building of hotels, new homes, re-developments, office complexes, condos and mansions. By providing housing and resorts for tourists, the attraction will not only pull in tourists, but it will provide economic structure.
World Expos hold as a meeting point for people all over the world, where innovative ideas are shared and improve on issues that are internationally important, such as the global economy, or even an enhanced life for the world’s population. Expo 2020, which will be held in the heart of Dubai, will be one big step towards efficient development. The Expo will be held in the name of ‘Connecting Minds, Creating the Future.’ Their goal is to connect people and innovative ideas, leading the people of the world towards a better tomorrow. The Expo may have a gigantic effect on a country and its people, but it also has some downsides.
Of course the impact depends on the goals, but most of the companies want events to be more than just an advertisement for their brand. If done well, events have the power for creating a powerful and lasting impression of all that the company can deliver. By allowing the people to get experience and interact with the company, product or service while participating in an event, you will be connected to potential buyers.
The economy can be clearly identified as the most beneficial aspect of tourism. “According to recent statistics, tourism provides about 10% of the world’s income and employs almost one tenth of the world’s workforce” (Mirbabayev, 2007). In Australia alone, Tourism contributed $87.3 billion in 2012, and employed 908,434 (7.9%) people (Kookana & Duc Pham, 2013). Tourism is “one of the most profitable and rapidly developing industries in the world” (Popushoi, 2004). Every year the number of tourists increase dramatically and consequently the revenues from tourism will increase substantially.
Have you ever wanted to see the world’s richest country? That is covered with exotic beaches. Food that will defiantly cure your taste buds. Luxurious cars everywhere you turned your head. Seeing different people from all over the world coming to visit. A place that’ll for sure entertain you. To get a taste of this lifestyle that’s overseas, you need to visit Dubai.
Generally, infrastructure is divided into two main parts which involves hard and soft infrastructures. According to UNWTO (United Nations World Trade Organisation), (2011), the enlargement of tourist arrivals, went up by approximately 7% in 2010 to 940 million, has led to increase in the number of new and state-of-the-art hotels, restaurants, airports and other tourist apartments. The rising share of amenities illustrates the improvement of hard infrastructure caused by more tourist number. Other contributions of the industry to the former accessibility of electricity and water, better road systems and transport services are also involved in the related expansion of economic activity (cited in Boz, 2011). Besides that, tourism offers numerous positive impacts to the latter, according to OECD, (2014) “soft infrastructure” can be defined as the creation of events and spaces which shows the spirit and unity of that country’s culture. These forms of infrastructure programmes have been applying to both urban and rural areas in order to make the place more well-known and tourists attractive. For example, in Australia, 2007 several events including the Booktown Festival were held to develop marketing strategies and increase tourist numbers. The results were more satisfactory than expected with place-branding advantages, noticeable rural regeneration, growing tourist numbers and