Attraction and Event Management - Assignment

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[Date]Attraction andEventManagementPyeongchang Winter Olympic - 2018
Pyeongchang Olympics 20181IntroductionOlympic Games is one of the most anticipated sporting event in the world. The event isconducted every 4 years. Summer and Winter Olympics are scheduled two years apart from eachother. Winter Olympic 2018 was held in Pyeongchang, South Korea between 9thand 25thFebruary, 2018 (Kim & Kim, 2015). The Olympic organizing committee shortlists and elects thehost committee for a particular Olympic Games Event at least 6 years in advance. In July, 2011,Pyeongchang was elected as the host city for the 2018 Winter Olympics. The games featured 102events spread across 15 sports. This report highlights upon different stages of the event as well asa few recommendations for the future.Formation stage of the eventThe formation stage of the event is the stage before the actual event takes place. There arevarious events that mark this stage. The first significant aspect of the formation stage is thebidding process where different countries bid to host the Olympics. Pyeongchang was elected inJune, 2011 (Merkel & Kim, 2011). Munich in Germany and Annecy in France were runner upsof the bidding process. By October 2011, the Pyeongchang organizing committee was formedwhich was bestowed upon with the responsibility of putting together a master plan to execute theevent (Whannel & Horne, 2016). The organizing committee included the following members
Pyeongchang Olympics 20182The construction of the Olympic Village had already begun by March, 2012. Constructions toensure effective transportation across the city had also begun by June, 2012 including a highspeed rail line that connects Seoul and Pyeongchang (Olympics MU, 2013). The entireinfrastructure of all the concerning venues were finalized and developed during this stage. Thepurpose of the formation stage is to make sure that the event is planned in an effective manner.The execution of the event happens in later stages.Growth stage of the eventThe growth stage of the event throws light upon all the factors and stages that eventually assist inevent execution. Pyeongchang anticipated the total cost of the event to be $7 billion buteventually the total cost escalated to $13 billion. It has often been observed in the history ofOlympic Games that the actual cost largely exceeds the anticipated cost.
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