Sold out hotels and spike in beer sales: How the Cricket World Cup could boost India's economy
Publishing timestamp: 2023-10-19 00:31:00
Summary
The article discusses the economic impact of the Cricket World Cup in India, with a focus on sectors such as travel, hospitality, food and beverage, and media advertising. It mentions the surge in demand for flights, hotel rates, and food delivery services. The article also highlights the potential increase in alcohol sales and the sponsorship and advertising revenues generated by the event. However, it criticizes the organizers for the mismanagement of ticket sales and low attendance at stadiums.
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Keywords: sri lanka, coca-cola co, booking holdings inc, advertising, cricket, zomato ltd, india, sports, food and drink, united spirits ltd, business news, icc cricket world cup, radico khaitan ltd,
Source: https://www.cnbc.com/2023/10/19/icc-cricket-world-cup-2023-how-it-can-help-boost-indias-economy.html