How Paris Pulled Off One Of The Cheapest Olympics

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Publicado 2024-07-25
While the Olympics is one of the biggest sporting events in the world, it comes with a hefty price tag for the cities hosting the games. Since 1960, every Olympics has overspent its budget by building new venues, Olympic villages, and public infrastructure. For the 2024 Paris Summer Olympics, it aims to become one of the cheapest modern Olympics. The total budget for the 2024 Olympics is an estimated $9.7 billion, with 95 percent of the venues needed already built.

Chapters:
01:34 Title card - How Paris pulled off one of the cheapest Olympics
01:37 Chapter 1 - The Paris Olympics
03:56 Chapter 2 - Why some failed
6.02 Chapter 3 - New IOC guidelines
08:00 Chapter 4 - The future of hosting

Producer: Daren Geeter
Animation: Jason Reginato, Emily Rabbideau
Senior Managing Producer: Tala Hadavi
Additional footage: Getty Images, International Olympic Committee

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How Paris Pulled Off One Of The Cheapest Olympics

Todos los comentarios (21)
  • @wishiknewaname9307
    Imagine being Tokyo in 2020 and COVID came and delayed the games by a year and still people couldn’t travel so you couldn’t make up those costs in revenue.
  • @zaynet83
    I think it's a good idea to have ALL the previous host cities do the rotation for the Olympics that way all the permanent structures can be reused and the host cities already know what they're doing
  • @bobbylong8348
    I don't think metro saturation will be an issue Paris was absolutely empty of locals 3 days before the Olympics, everyone who could leave has left! The only people in Paris right now are tourists and people who have to work.
  • @marvinmarcos8424
    I work in a restaurant in paris and today we drop sales to 20% because there are no tourist as prices of hotels and accomodation skyrocketed high.
  • @jimmynam4261
    France throws out the students from their dorms to host the athletes and the quality was so poor that the majority of athletes started to complain about it
  • @priyas5004
    We were in Paris three weeks ago! The Eiffel Tower with the Olympic logo was simply stunning!
  • @bscoggs
    LA is gonna be a nightmare for transportation to events. Lol
  • @Sacto1654
    Paris was already spending a fortune improving its transportation infrastructure when they won the bid anyway. Reason: Paris is heavily investing in improving Paris Metro and RER regional rail and building out a tram system to reduce the city's over-dependence on automobiles (a problem that existed in the city even before World War II!). That plus plentiful existing facilities meant the costs was low.
  • @lindentree2687
    What they are saying is not completely accurate. L.A. in 1984 actually made a decent profit on the Olympics. And by its success was able to encourage other city's to play host, as before that time just like today no one wanted to host because of the cost.
  • Too early to declare it to be the cheapest without even seeing the event happen!
  • @GRbobkaina
    It's time Paris get some recognition.. the greenest games ever and Money well spend...Can't believe they are getting blamed for being smart when many previous venues have now empty stdium and olympic venues
  • @stanimal8
    Looks like the 2028 LA Summer Olympics will take advantage of the plentiful existing sports venues within the county. Hopefully, we'll actually make money hosting the Olympics as we did in 1984. Plus we have the local population to take advantage of much of the infrastructure investments post Olympics.
  • @RandomStuff-zw7uh
    Paris is already a tourist hot spot, and they have tons of existing stadiums. So... not very surprising that they can handle it reasonably well.
  • @mounirgherbi3462
    they all downgrade the cost at first to avoid angering the citizens, and then after the games you hear about the true cost
  • @cybertop20
    Some medias went to Paris to only show 2 or 3 bad news daily out of 100 good events happening daily. Sad and petty. Despite many issues, Covid 19, Yellow vests, political issues, french are pulling out a great Olympics event. Can't wait for the opening ceremony tomorrow with over 300 000 people. Great and Good luck for all participants....
  • @user-pn6ur7zd3m
    Bonjour and Salut from Geraldton Western Australia. Have an awesome two weeks of sports, health and France. Shout out to all the 10thousand + sports womens and men's. God bless 🙌🙏
  • @Pbatzeris
    In 2012, London paved the way for sustainable architecture. They set the best example of how these facilities should be utilized!
  • @hellochii1675
    I can‘t imagine what Tokyo went through in 2020-2021.😢😢😢😢 7:31
  • @TTTrouble
    Anyone else see the "olympic games over budget" chart at 4:05 show Beijing in 2008 was only 2% over budget, something the video never even highlights despite it being pretty relevant to the context of the video. Seems like an editorial oversight to me, and somewhat intentional since it kind of undercuts the premise of the video.