Event Phase

The event phase of the Olympics includes an entire year surrounding the actual games. In the period between six months before and six months after the Olympic events, there are certain activities that occur that can be directly attributable to the games themselves. But the majority of the economic benefit during this phase is the arrival of hundreds of thousands of visitors in the form of spectators, sponsors, athletes, media, etc. While we can assume that there may be certain tourists that would avoid the host city during the Olympic games, the dramatic increase in visitors typically results in a net positive effect to the local economy




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