By the time eyes turn to Sochi, a resort city in the far southwestern part of Russia, for the 2014 Winter Olympic Games Feb. 7 to 23, a number of firsts will have already occurred:
By the time eyes turn to Sochi, a resort city in the far southwestern part of Russia, for the 2014 Winter Olympic Games Feb. 7 to 23, a number of firsts will have already occurred:Read More
The Olympics spectacle can light up smiles, but the costs involved can make jaws drop.
At $40 billion, China’s 2008 Olympics in Beijing is believed to be the most expensive Olympics in history. The price tag for the 2014 Olympics in Sochi, Russia, is expected to top that. Originally, costs for Sochi were estimated at $12 billion. According to NBC News, the tab is now forecasted to reach $50 billion.
Talk about going for the gold!
Staging and delivering the Olympics may be a costly endeavor for host cities, but additional revenue is brought in from tourism surrounding the event. Here are some interesting facts about money outlays related to the Games:
The Olympic Games are an international celebration of sport to inspire and promote goodwill among people around the world. This year, thousands of athletes will again compete for coveted medals and the chance for international fame.
The 2014 Winter Olympics in Sochi, Russia, in February will have families everywhere gathering around TV screens or streaming video on mobile devices.
The Olympics can be particularly inspiring for children, who often view the athletes as heroes and the Games as larger than life. Excitement builds from the opening ceremonies to the competitions to the awarding of the gold, silver and bronze medals. To get the kids into the spirit of this sports extravaganza, plan an Olympic-themed activity that your family can do together: