I'm guessing some are trying to save Face as much as economics.
Originally Posted by
Steve M
I don't know enough about the economics of hosting the Olympics, but I would guess a major component of that would be the economic benefit of a large influx of international visitors. If those are now banned, why is there such a pressure to hold the games in 2021, as opposed to 2022 when I would guess there is a high likelihood of international travel being possible, if not close to normal?
Some of the economics are tied to property development in the Olympic Village. I believe the cachet of living in a former Olympic area was accounted for in some of the pricing for residential housing after conversion.
https://asia.nikkei.com/Spotlight/To...s-and-lawsuits
https://english.kyodonews.net/news/2...ics-delay.html
As the Nikkei article notes, sponsorship to increase brand value and recognition is definitely an economic factor. Billboards which serve as athlete backdrops don't need in-person spectators but you can probably get more shots in of such things to a wider area if there are fan cams up towards bleachers & wide angle.
2022 is Winter Olympics in Beijing. Trying to hold both in the same year like they used to be grouped (I'm fuzzy on why they were split) would be definitely be a Face thing with Beijing x Tokyo, in addition to many many business concerns.