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  2. Are the Olympics Worth It Financially for Host Cities?

    www.aol.com/news/olympics-worth-financially-host...

    When the Olympics come to town, the host city becomes the world's rock star metropolis. The Olympics bring tourists from far and wide, the spotlight of the global media, and the pride and prestige

  3. Hosting the Olympics has become financially untenable ...

    www.aol.com/finance/economics-olympics-110004736...

    A turn toward extravagance. Forty years ago, the Olympics were also at a crossroads. After the 1968 Mexico City Games and 1972 Munich games were marked by deadly violence and the 1976 Montreal ...

  4. Is hosting the Olympics even worth it? Some countries say no

    www.aol.com/news/2014-05-28-is-hosting-the...

    For more than a century, the modern Olympics have been a symbol of international competition and cooperation - and a chance to give the host city a global stage. But for 2022's Winter Games, a few ...

  5. Cost of the Olympic Games - Wikipedia

    en.wikipedia.org/wiki/Cost_of_the_Olympic_Games

    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.

  6. Bids for the 2024 and 2028 Summer Olympics - Wikipedia

    en.wikipedia.org/wiki/Bids_for_the_2024_and_2028...

    In March 2010, Ukrainian Deputy Prime Minister Borys Kolesnikov stated that if Ukraine successfully co-hosted the UEFA Euro 2012 with Poland, it might place a bid for hosting the 2024 Summer Olympics. Kyiv was one of the host cities of UEFA Euro 2012 and was the city where the final match was held. [112] Doha, Qatar

  7. Olympic Games - Wikipedia

    en.wikipedia.org/wiki/Olympic_Games

    The IOC members gathered in the Session have the final vote on the host city. Once elected, the host city bid committee (together with the NOC of the respective country) signs a Host City Contract with the IOC, officially becoming an Olympic host nation and host city. [289] By 2032, the Olympic Games will have been hosted by 47 cities in 23 ...

  8. What does it take to host a successful Olympics? 3 key ...

    www.aol.com/finance/does-host-successful...

    Cities have historically been “hungover” after hosting the Olympics. The Athens Olympics of 2004, ... “The estimated costs of what this will take, go down. At the same time, the overruns are ...

  9. Bids for the Olympic Games - Wikipedia

    en.wikipedia.org/wiki/Bids_for_the_Olympic_Games

    Since the creation of the International Olympic Committee (IOC) in 1894, which successfully appropriated the name of the Ancient Greek Olympics to create a modern sporting event, interested cities have rivaled for selection as host of the Summer or Winter Olympic Games. 51 different cities have been chosen to host the modern Olympics: three in ...