“…Events are a critical component in destination strategy (Kim and Chalip, 2004;Todd et al, 2017), and consequently, event tourism has sparked considerable research interest. The literature shows that events have been analyzed from different perspectives (Mair and Whitford, 2013): sociocultural studies, where elements such as place identity or social capital are addressed (Larsen and Baerenholdt, 2019); studies that look into the attitudes, motivations, and perceptions of residents and visitors (Chi et al, 2018;Kim et al, 2020Kim et al, , 2019Wassler et al, 2019); environmental studies, in which event sustainability is the central topic (Merrilees and Marles, 2011); political analyses, where the relationships between communities, event organizers, and governments are examined (Dredge and Whitford, 2011); management studies, in which managerial aspects of events are analyzed (Higgins-Desbiolles, 2018;Mariani and Giorgio, 2017); economic studies, where the main focus of interest is the economic impact of events (Ramchandani and Coleman, 2012) or even the implementation of weather derivatives in cultural events (Martínez and Tarrazon-Rodon, 2019).…”