Impact of Olympic Games on Hospitality, Tourism and Event Industry

Academic and Professional
Skills

Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Impact of Olympic Games on Hospitality, Tourism and Event Industry...................................3
Impact of Olympics on the environment of the country.............................................................5
The impact of Olympics on Society............................................................................................6
CONCLUSION................................................................................................................................7
RECOMMENDATIONS.................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
Olympics are a leading international game which has variety of participants which come
from around the world. Around 200 nations participate in the game. Olympics are held in every
four years altering kin summer and winters. The Olympic committee decides the host country
where the competition takes place and competitors come from different places(Tint, A.,
Thomson, K. and Weiss, J. A., 2017) . There are 300 events in which consist of 26 sports that are
organised in a way that there are fewer controversies. From 1990 women are also allowed to
participate in the event. The languages followed are French, English and the language of host
country. The symbol of Olympics is five rings that were given by the Baron Pierre de Coubertin
who is the co-founder of Morden Olympic Games. The symbols represent the five continents of
the world. The colour of rings is red, blue, black, yellow and white and these colours are
basically part of every nation’s flag. These games are already hosted in 23 countries across the
world. The first official Olympic was mascot waldi, the dachshund, in 1972 at Munich London
hosted the event in 2012 for three times for the very first time. There is a growth and every
nation is now represented which is already creating controversies which should be taken care of.
In the report, there is discussion about how the Olympic Games impact tourism, hospitality and
event industries. Also the environmental and social prospects of these Games.
Impact of Olympic Games on Hospitality, Tourism and Event Industry.
The Olympic Games are hosted in London, UK which connected the countries with these
sports. These games show the culture of London across the world. The arrival of spectators has
increased the tourism as well as hospitality industry of the countries. The impact is writte5n
below:
 Boost in Economic Condition: Olympic Games have increased the opportunities of
employment in the country. There is decrease in unemployment rate due to these events
in London. Which also has impact on GDP of the country and in London there is increase
in Gross Domestic Product due to Olympic Games (Han, Q. S., Theeboom, M. and Zhu,
D., 2020). The attractiveness has increased and there is boost in tourism sector which
leads to increase in hospitality industry of London.
 Increase Awareness: Due to these games people come to know about the culture and
values of that place. The participants increase the knowledge as they visit the place. Also