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Positive and Negative Impacts on the Growth of Events Industry

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Positive and Negative Impacts on the Growth of Events Industry
Assignment 1

Presented to
Michelle Ford

Prepared by Kaiheng Xu

April 6, 2010

TABLE OF CONTENTS

PURPOSE OF PAPER

-------------------------------------- 1

INTRODUCTION Brief definition of sustainability Economic impacts Social impacts Environmental impacts Political issues Natural disasters -------------------------------------- 1 ----------------------------------- 2, 3 ------------------------------------3, 4 ------------------------------------4, 5 ------------------------------------5, 6 -----------------------------------6, 7

CONCLUSION

------------------------------------- 8, 9

REFERENCE LIST

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PURPOSE OF PAPER

Discussing the positive and negative impacts on the growth of events industry, analysising the different explanations might have in the implications of this phenomenon.

INTRODUCTION

Over the last 20 years, the events industry has grown significantly. This phenomenon appeared might because events industry could bring a great deal of positive impacts on society, environment and economy. Events sustainability has played an important role in the increasing of events industry.

However, it is predicted that there will be a growth of 5.5% per year through 2011 which used to be 6.2% since 2003, this slightly decline of growth rate might causes by the social, environmental, economical negative implications, the global political unrest and natural disaster can also create a negative impact to event industry.

Brief definition of sustainability

Events sustainability is consists of three parts which are social, environmental and economic, because nature's resources are not never-ending, sustainability can find an enduring, balanced approach to economic activity, environmental responsibility and social progress. (BSI,2007,P.7)

Sustainability is playing a very important role in growth of the whole events industry, there are many strategies underpinning of sustainability such as 1

U.N.Conference on

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