The essence of this essay is to see whether holding of Olympics in different cities is economically viable basing from past studies done on the matter.

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Olympics

Olympics are games held internationally where athletes compete in various games. There are divided into summer and winter Olympics. Each are held every two years and they alternate so that it takes four years before another winter Olympics takes place the same case to the winter but two years from one event to the other. The Olympics host over thirteen thousand athletes that compete at the summer and winter Olympics in over thirty different sports and nearly four hundred events. The Olympics were first held in Olympia Greece in 776 BC and this continued for some time until the banning of the games by  the Roman Emperor Theodosis in 393 AD terming them pagan cults. The games kicked off again with summer Olympics that took place in 1896 and have been held every four years with exception of years when World wars were held with Winter Olympics starting in 1924 (Durant, 19730).Since  1994, they are now held every two years and in different cities. The rotation of Olympics has been a  debatable question. The essence of the essay is to see whether holding of Olympics in different cities is economically viable basing from past studies done on the matter.

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Olympics are held in different cities every two years. The reason this is done to avoid monotony in host cities and to encourage the presence of all cities in the world to take part in it. It is however not clear whether this trend should be followed after post event studies contradicting  pre-event studies and expectations in terms of projected income and economical benefits of holding the games in different cities The rotation involves choosing the venue and preparing for the events. The Cities that host the Olympic Games do commit to significant investments in sports venues and other infrastructure. ...

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