Hosting Olympics: Benefits, Challenges, and Recommendations

Academic and Professional
Skills

Table of Contents
Executive Summary.........................................................................................................................3
INTRODUCTION...........................................................................................................................1
Analysis............................................................................................................................................1
Overview of hosting Olympics...................................................................................................1
Health impact of Olympics on host city......................................................................................2
Economic impact of hosting Olympics.......................................................................................3
Environmental impact of hosting Olympics...............................................................................4
Conclusion.......................................................................................................................................4
Recommendations............................................................................................................................4
Key suggestions for minimising negative health impact............................................................4
Key suggestions for minimising negative economic impact.......................................................5
Key suggestions for minimising negative environment impact..................................................5
REFRENCES ..................................................................................................................................6

Executive Summary
Providing bid for an global event like Olympics, required as large documentation and
heavy investment of capital for host country. This is not only to provide benefits but also give
rise to different issues that has to be addressed before hosting an show. In this possibility of
heavy financial loss, worst impact of environment condition of health participants. All factors is
require to enforce prior arrangements to resolve all issues which results in achieving potential
economic benefits over same.

INTRODUCTION
Global event is been defined as an organized event which involves people over different
countries around the world. Olympics is an competitors heroics and pride of a nations, where
host cities make a huge investments within games. Hosting such global event an event involves
different kinds of countries all over the world. Olympics is related to competitions, heroics and
pride of nation in which host cities that helps in making larger investment to be done. Hosting of
global events is aid for creating a large number of temporary jobs in relation ton improvisation
within infrastructure that is beneficial for an country towards its future. Investment regarding,
enhancing of accommodating with facilities where both domestic and international area visiting
or participation in games. In other context investment has to be made for constructing roads,
airways and improving environmental conditions with surrounding areas. Risk is involved in
conducting of Olympics as investment made is higher involves within it entrancement of
accommodation facilities where in budget is required to be arranged in better and effective
manner. Inconvenience in travelling, price inflation, crime and security is required to be taken
into consideration. This has been helping in facing challenges for hosting global event. In this
various risk like cost of building stadium, minimising chance of negative publicity, cost of
security and more. It also includes legacy of sports facilities, issues relating to health and safety,
potential public health risks and more (Fisher, Bagiati and Sarma, 2017).
In this report has to be based upon study of benefits and challenges faced by a country in
consideration of hosting an Olympic event. Discussion has to be made upon impacting of hosting
of such event in both environmental and social perspective. Also economic impact in relation to
job creation, future trade and cost investment is to be covered. Main objective of report is to
make analysis upon impact and is been recommended accordingly for maximizing benefits and
dealing with challenges hosting in Olympic event.
Analysis
Overview of hosting Olympics
Hosting global event is going to bring enormous economic, environmental and social befits
which makes increasing tourism, long-term investment possible. Sports and legacy is required to
hold benefit. When an country hosts global event then raising high profile of city that makes
creation of long lasting benefits in relation to economy. When a country hosts global event it
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