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BBCNEWS Asia Business Report June 4, 2024 00:39:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 00:39:00

Having trouble finding hosts, and why the ioc is finding trouble finding hosts for the olympic games. in trouble finding hosts for the olympic games.— trouble finding hosts for the olympic gar high _ trouble finding hosts for the olympic gar high economic cost displaying a high economic cost for natural disasters, which have increased in frequency in the country since the 1990s, and a new report from the state bank of india plans —— points to a lack of disaster insurance is a key challenge. from mumbai, this report. between 1.2 to mumbai, this report. between 1-2 to 31-8 _ mumbai, this r...

BBCNEWS Asia Business Report June 4, 2024 01:38:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 01:38:00

In tourism is more up in the air. there have been many cities who have hosted the olympic games in the last 20 years who have actually lost net visitors. so there is a possibility that there would be increased tourism but there you're talking about maybe bringing in through hotel fees, restaurant fees, maybe talking about bringing in $700 million, $800 million, and if you are spending on the other hand $7 billion in order to host the games, and even that figure is a figure about the operations of the games, it doesn't include all of the infrastructure, it doesn't necessarily include all of the...

BBCNEWS Asia Business Report June 4, 2024 23:38:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 23:38:00

Actual net game in tourism is more often, yeah, many cities that have hope hosted the olympic games that have lost net visitors. so there is a possibility that there would be increased tourism, but then you're talking about maybe bringing in through who tell fees and restaurant fees, $700 million. if you're spending $7 billion in order to host the games, and even that figure is a figure about the operations of the games, not including the infrastructure and all the security costs or it the cost associated with the athlete village. the actual calculus at the end of the day is not that favourabl...