Website: http://www.terracurve.com/2009/11/06/do-the-olympics-hurt-or…
With the Olympic games being one of the most sort after international events the world has ever experienced, many would argue that the games, combined with their publicity, fervor and global appeal, would truly help their host city’s economic stature. Tourism alone should boom due to the Olympics, while locales that would typically not seem to be a “top destination” are suddenly thrust into the limelight.
However, according to a study by the European Tour Operators Association (ETOA), the Olympic Games actually have a negative impact on their host locale. Over the last 20 years, tourism has actually increased throughout the globe, except for travel to “Olympic cities,” where tourism growth tends to be stalled (especially when compared to competitor destinations).
For instance, during the past 6 summer games – Beijing 2008, Athens 2004, Sydney 2000, Atlanta (1996, Barcelona 1992, and Seoul 1988 – all six host cities experienced a major disruption to their normal tourism market…
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