Monthly Newsletter of Sports Economics : Ekospor - Issue #33 PARİS2024
Monthly Newsletter of Sports Economics : Ekospor - Issue #33 PARİS2024
Paris2024
The Olympic Games Paris 2024 are set to generate between EUR 6.7 and 11.1 billion in net economic benefits in the Paris region, with an intermediate scenario projecting EUR 8.9 billion in net economic impact, an independent study has revealed.
Paris2024 Economics of
Economic benefits of hosting the Olympic Games
Hosting the Olympic Games generates powerful economic benefits. It enables a region and country to develop: the knowledge and skills of their workforce and volunteers; career opportunities; the tourism and events industry; the business sector; their global profile; and diplomatic relations.
Independent reports, commissioned by future host regions, forecast the value of economic benefits of upcoming Games editions.
The size of the impact is dependent on local market conditions and the individual context of each event. In all cases, from Paris 2024 to Milano Cortina 2026, LA28 and Brisbane 2032, the economic benefits for the city, region and country are predicted to far outweigh the Games-related investments.
Paris2024 Economic impact study final (Pdf)
Independent study reveals Olympic Games Paris 2024 “economically beneficial” for host region
The report was published by the Centre de droit et d'économie du sport (CDES) of the University of Limoges, a research institute in France specialising in the economic and legal aspects of sport. mORE…
2024 Paris Olympics: Impact on Tourism and Beyond
This week, the world’s eyes will turn to Paris for what is billed to be the largest event ever organised across France. The 2024 Summer Olympics will provide an important opportunity for the host nation, France, as the events attract tourists from both domestic and overseas markets.
As part of the bid to host the Olympics, the French Center for Sports Law and Economics conducted an economic impact study on behalf of France in 2016. This study quantified the impact that the 2024 Olympics may generate at up to €10.7 billion and up to 247,000 jobs. Of the €10.7 billion, approximately €1.4-€3.5 billion (13-33%) is attributed to tourism-related economic impact. These figures are welcome, yet should be interpreted with caution as much has changed since 2016, most notably the pandemic and inflation. mORE..
Economic impact of 2024 Olympic Games on France examined
The Olympic flame arrived in Marseille on Wednesday (8 May) in front of 200,000 spectators, just a few weeks before the opening of the Olympic and Paralympic Games, which will run from 26 July to 8 September. What economic impact will the competition have on France? mORE…
Summer Olympics of limited economic benefit for Paris
This year's Summer Olympic and Paralympic Games in Paris will have a limited overall economic impact. DW looks into sectors and regions that are set to benefit nevertheless. Video
The economic impact of the Olympics
Rising fourth-year Silas Ruth, an economics major, examines sports mega-events like Paris 2024 through an economic len mORE..
Paris 2024 Olympics: Major Economic Boost for France!
At the dawn of the Paris 2024 Olympic Games, France is preparing for an unprecedented economic marathon. As the world’s eyes are fixed on the Hexagon, the stakes go far beyond the sports field: the entire French economy is at the starting line. A crucial question arises: what will be the real impact of this global event on the French economy? mORE…
Paris Olympics 2024: Cost concerns and doubts on legacy loom large
Experts opine that the average cost to host an Olympics would be around 12 billion dollars. As per an Oxford-based study, every single Olympic games since 1960 has spilled over the estimated budge mORE…
Paris 2024: Does hosting the Olympics boost the economy?
As we approach the Paris 2024 Olympic and Paralympic Games, we’re looking into whether major sporting events really do bring an economic boost to host cities and countries, or whether the costs outweigh the benefits. mORE…
Economic impact of the legacy phase of Paris Olympics and Paralympics 2025-2034
Published by Statista Research Department, Jun 20, 2024
In the lead up to the Paris 2024 Olympics and Paralympics, it was estimated that the total economic impact of the legacy phase of the Paris 2024 Olympics and Paralympics - from 2025 to 2034 - could reach as high as 1.85 billion euros. The impact of tourism was projected to make up the largest share of this impact, being forecast to total between 234 million and 1.43 billion euros. mORE…
New study highlights economic impact of Paris Games
A new economic study released by Games organizers suggests at least a $7.3B impact on the Paris region from hosting the Olympics and Paralympics later this year.
The study, done by the University of Limoges Centre for Law and Economics of Sport, offers that estimate on the low end, with a medium scenario of $9.8B and a high scenario of $12.1B. The bulk of the financial impact in any scenario comes from the organization of the Games, with the greatest variability in the amount brought in by tourism. mORE…
Paris Olympics May Bring $12 Billion Boost, Study Shows
The Paris 2024 Olympics could generate a long-term economic boost of as much as €11.1 billion ($12 billion), according to a study commissioned by the organizers of the Games as they seek to embrace the Olympic movement’s new mantra of fiscal restraint. mORE…
INTEGRATING THE SOCIAL AND SOLIDARITY ECONOMY
We committed to organising an event that is socially responsible and economically sound right from the bidding phase. Our goal is simple. We aim to develop a new model for the Games, which is open to all businesses. This is because we strongly believe that these companies have a lot to offer and that we can learn from each other to ensure social and environmental impact is placed firmly at the heart of the Paris 2024 project.
Paris Conferences 2024 For You To Accelerate Fully
Almost every conference in Paris, especially those high-level events are places where research professionals, students, educators, industry professionals, and others can meet the major challenges posed by the lack of funding for research activities by presenting their work in front of global audiences composed of top venture capital professionals, research grant associations, and others Paris Conferences 2024
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