The Weekend Brief offers analysis and insights on one big news item of the week, delivered only to Quartz members.
While the “Olympic Fanfare and Theme” can be a tune that excites and inspires millions, it can sound more like an alarm bell to the Olympic host city’s leaders.
The revenue brought in by hosting usually doesn’t meet the cost of new facilities, revamped infrastructure, and security, which has turned hosting from a privilege into a game of hot potato with countries bowing out.
The Weekend Brief dives into the overspending from previous host cities, Paris’ strategies for saving money, and what this could mean for the future of the Olympic Games.
To receive this issue, join Quartz today with 60% off. Take advantage of this limited-time offer today!