Quote:
Originally Posted by mr.x
^ "Destination avoidance" for hotel bookings unfortunately also happened at Athens and Beijing...same goes for the two previous Winter Games host cities.
Vancouver won't see any tax burden as it has a rather large population to support the event. Not to mention, the largest Winter Games host city in history. And we also have the province and feds supporting the brunt of it. This certainly won't turn into a Montreal, the finances for 2010 are much better....not just on the Canadian Olympic host city scale, but on the global Olympic host city scale. Vancouver has done wonderfully compared to previous host cities.
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Doesn't Vancouver need to sell all those Olympic village condos at a hefty price in order to avoid ending up with debt? And In general I hope that there are no nasty financial surprises that the city didn't "forget" to tell us about that may bubble up to the surface after the closing ceremony...