Should the Olympics be held in one location? | The Tylt
Should the Olympics be held in one location?
Aside from a handful of times, the Olympics are a money-losing venture. Cities invest billions of dollars into new stadiums that go unused after the Olympics are done and the revenue generated from the games almost never make up for the cost, putting host cities in debt for decades. The Olympics should eliminate this cruel cycle by making one city host the Olympics permanently.
Having the Olympics in one site allows for a one-time cost to build (or refurbish) state-of-the-art venues, athletes villages, training facilities and other needs instead of having to burden a new host city every two years. The site will make money until the initial costs are paid, and then they will be making profits that will go back directly to maintaining each facility. It makes no sense asking city after city to wreck its economy to host an Olympics. This plan makes the most sense.
Athletes from around the world gather in a new city every four years to not only compete but to interact with other cultures from other participants and the city itself. Having a host city gives the Olympics a soul. Every city has a culture they want to show to the world and a different flavor of how to present the games. If there was only one host city, there would be no culture to get the spotlight to shine.
Successfully using the Olympics as advertisement can result in a tourism boom with financial rewards...Barcelona ran up a debt to host the 1992 Games, but the city’s image gained enormously, tourism flourished, and there was favorable development. Since it experienced a long-term benefit, Barcelona is often cited by Olympic promoters.More than a century after the Olympic flag’s creation, the Olympic symbol of five interlocking rings still represents the union of the five continents and the meeting of the athletes of the world at the Olympic Games. If feasible, we should continue to honor the idealism of the games by continuing the rotation of venues on the five continents.