Economic development
Economic indicators in trail running events play a vital role in assessing economic impact, guiding resource allocation, promoting local economic development, measuring return on investment (ROI), and informing decision-making processes. By understanding the economic dimensions of trail running events, organizers can enhance financial sustainability, support local economies, and ensure the long-term success and benefits of the events.
The following economic impacts should be considered when performing outdoor running events:
Sports tourism
Sports events are directly associated with tourism. Governments see these events as an opportunity to promote their regions nationally and internationally, and local communities can benefit from the positive economic impacts on local businesses and as a vector to strengthen cultural heritage and identity.
Economic impactÂ
The trail running races can have positive economic impact on rural areas out from the big economic centres, helping to empower local communities and attain sustainable local economic development.
Nevertheless, due to the brevity of the mountain race events associated with its celebration in small towns, there is a high risk of saturation and exceeding the carrying capacity of the local economic and tourist system, generating high prices and a shortage of products. Then, it is necessary to work to mitigate the saturation of the system and promote that the positive economic effects of the events last over time.
Also, contracting local businesses to provide race supplies and services establishes a meaningful link between the race, runners, and the local population, promoting a positive, responsible, and sustainable economic impact on the community.