What is the selection process for an Olympic host city?
What is the selection process for an Olympic host city?
The IOC Session in which a host city is elected takes place in a country that did not submit an application to stage the Olympics. The election is made by the assembled active IOC members (excluding honorary and honor members), each possessing one vote.
Why do countries bid to host the Olympic Games?
One of the reason why countries want to host the Olympics is because it boosts tourism there have been various instances in which the countries have been left with operating surpluses from tourism and broadcasting fees. Another bad example is of Russia, Sochi hosting thw winter Olympics in 2014.
What is an event bidding?
The Bid Process It is a normal practice for any representative body, at any level, that has the responsibility to select which organisation will stage an event, to ask each and every rival organisation to supply a proposal detailing how they will organise and stage the event.
Does the Olympic Committee pay the host city?
The IOC contributes a large part of the finances needed to stage an Olympic Games. As part of its contribution, the IOC pays for the host broadcast operation, Olympic Broadcast Services (OBS), and provides various forms of Games support to the OCOG including through its “Transfer of Knowledge” programmes.
How does a city benefit from hosting the Olympic Games?
Economic Benefits of Hosting Hosting the Summer Olympic Games can have several economic benefits associated with the city such as ticket sales, licensing, increased employment, broadcast revenue, sponsorships, and increased tourism.
What strategies are involved in this process of event bidding?
The Five Stages of Event Bidding There are five stages (Figure 1) to the event bidding process that include (1) Bid Feasibility, (2) Bid Development, (3) Bid Submission, (4) Bid Presentation, (5) Site Selection.
How does a bidding event decide which club to host?
Such a situation is healthy and generally leads to a striving by each bidding organisation to show that they can put on the best event. The decision as to which club will host what event is usually taken at meetings of the organisation that governs the event (the sport governing body).
What is the bid process and how does it work?
This process of supplying a proposal is often referred to as the “bid process”. The main purpose of the bid process is to: Demonstrate that the bidding organisation has the capability and resources to stage the event.
What are the costs involved in bidding for events?
The club or organisation bidding for the event should draft a budget of probable income nd expenditure. It is important that such a budget is realistic, and does not show a loss. The club or organisation that wins the bid may be entitled to an amount of funding from the sport governing body to alleviate certain costs that will likely be incurred.
When to mention a venue in a competition programme?
If the venue has staged similar events in the past, you should make mention of this. It is often the case that the host club or organisation has little or no say in setting the competition program when the date, or dates have been set by the sport governing body.
