[QUOTE="Nomad,  post: 24327, member: 1"]
Tourism will improve, this is the major benefit. As far as drawbacks is concerned, the country has to initially spend a lot of money to build infrastructures and spend a lot of money to host the event.
[/QUOTE]

Hosting international events also allow a country to attract more and more investors as well. This is due to the fact that whenever a sports event takes place, this attracts a lots of attention from different international companies, including multinational corporations as well. This could potentially boost foreign reserves of a country.