🏅 Hosting the Olympics is like catching lightning in a bottle – it's thrilling but comes with risks! With Paris gearing up to host the Olympics at a whopping cost of over 11 billion euros, many are wondering: Will the Games supercharge France's economy or leave a hefty bill?
📈 Historically, the Olympics often blow past their budgets. Remember the financial hangover some cities faced post-Games? But there's more to the story! The real question is, what's the return on this massive investment?
🌍 Enter Beijing, the only city to host both the Summer and Winter Olympics, earning it the title of the \"Dual Olympic City.\" Beijing's Olympic journey has significantly boosted China's sports development, infrastructure, and global image. From state-of-the-art stadiums to increased participation in winter sports, the legacy is undeniable.
🧐 So, can Paris follow suit? To unravel this, this week's Biz Talk sits down with Christophe Dubi, Olympic Games Executive Director, and Bi Weiduo, Sports Industry Partner at PwC. They'll decode the economic implications of catching \"Olympic fever\" and whether it's a gold medal move for host cities.
🔥 Don't miss out on this deep dive into the glitz, glamour, and gritty economics of the Olympic Games!
Reference(s):
cgtn.com
