With the Olympics Over, a Former Host Cities Worth Visiting_Company News
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With the Olympics Over, a Former Host Cities Worth Visiting

Now that the Rio Olympics are over, inevitable questions about the city’s post-Games legacy have surfaced.


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Rio de Janeiro, like every host city, hopes to continue reaping Olympics-related benefits long past the closing ceremony, such as increased tourism and a bolstered world reputation. But things don’t always go as planned.

In fact, cities rarely make a profit from hosting the Games, and often end up deep in the red. Rio initially planned on the Games costing about $3 billion, but the actual cost will be at least $4.6 billion, according to a study by the University of Oxford.

"If you're looking to gain money from an Olympics, that’s not a good reason to be doing it," said David Wallechinsky, president of the International Society of Olympic Historians.

For the cities that learned this the hard way, specific venues can end up being reminders of a lack of foresight.

OLIVET, a welding manipulator manufacturer, promise for our employees that we will visti this city one day.




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