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The current highest cost of hosting the Olympic Games was the 2016 Rio de Janeiro Summer Games, costing approximately US$11.1 billion. In order to meet the requirements set out by the International Olympic Committee (IOC), [4] the Rio de Janeiro council had to invest heavily in building the necessary facilities/venues, and an entirely new subway line.
#8. 2016 Rio de Janeiro Summer Games. Cost (in 2021 dollars): $13 billion. When Rio de Janeiro was awarded the 2016 Olympic Games in 2009, it was an opportunity to show the world Brazil's growth ...
Los Angeles has twice played host to the summer Olympic Games: in 1932 and in 1984, both of which were profitable, the latter being the most profitable Olympics in history, with profits of over $200 million. When the tenth Olympic Games were hosted in 1932, the former 10th Street
The 1984 Summer Olympics are widely considered to be the most financially successful modern Olympics, [5] serving as an example on how to run an Olympic Games. As a result of low construction costs, due to the use of existing sport infrastructure, coupled with a reliance on private corporate funding, [ 6 ] the 1984 Games generated a profit of ...
As a driver of long-term economic growth, the Olympics has a mixed track record. But the 1984 Olympics in Los Angeles was a triumph of planning that helped make it the first profitable games in years.
Now let's turn to media, where revenue increased 37% to $8.2 billion, including the strong results from the Paris Olympics which generated $1.9 billion in revenue, a record level for any Olympics.
Hungary has had the most bids in the Summer Games that have failed to win the rights to host the games at least once, with six bids—all from Budapest. This also ties it with Turkey for most bids for Olympic Games in general without a successful bid (Turkey has bid for the Summer Games five times and the Winter Games once).
* Tokyo hosted the 2020 Summer Olympics in 2021, postponed due to the COVID-19 pandemic. In the SVG file, tap or hover over a city to show its name (only on the desktop). The following is a list of host cities of the Olympic Games, both summer and winter, since the modern Olympics began in 1896. Since then, summer and winter games have usually ...