Cost Doubles For 2020 Tokyo Summer Olympics

I have no idea why cities WANT the Olympics. They're always a financial disaster and a big pain-in-the-patootie.

I agree, it is hard to justify the cost versus benefits.

Having said that, I live in the metro Atlanta area and was here during the 1996 Summer Olympics and I think the powers-to-be pulled that off where it worked out well. They used a lot of foresight in what they built and where they just moved venues to adjacent areas, some might have even been in an adjacent state. There wasn't many, if any huge, expensive venues especially built for the Olympics that sat idle once the Olympics were over. Even transportation was handled without buying huge fleets of buses as other cities loaned some of their buses, some as far away as NYC which loaned out brand new buses.
 

Again this is without transportation and security costs. Also read several articles in which the Olympics organization wants host cities to cut cost anyway they can to avoid damaging their brand or avoid headlines like this. So that means more host cities would have to use existing facilities and venues which means event will be spread out all over the place. Which also means multiple venues will have to be secured, not just an Olympic Park or one set of housing quarters-the security bill alone in this day and age will take costs through the roof. As will transporting athletes to and from events.

The locals will have their lives turned upside down for the better part of a month. I lived and worked in cities with big events and for a three day show where traffic detours throw your schedule & business is off for at least a week.
 
A city benefits from hosting the Olympics in many ways, notoriety, commerce, tourist business.
 


Back
Top