Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Bank of England to ‘tolerate slow return’ to inflation target as interest rates held

      Bank of England Governor Andrew Bailey said cited several indicators that the labour market was softening.

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Yas Queen’s: Why HSBC Championships expansion has been a smash for business

      Getty Images illustration depicting diverse business professionals collaborating in a modern office setting, reflecting te...

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      This Peugeot 205 GTI is the car you remember from your teenage years

      Vintage Peugeot 205 driving on a scenic road, showcasing classic design and compact size for a news feature on iconic cars

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Monday 22 June 2015 9:53 am

Paris and Budapest to bid for 2024 Olympic Games

By: James Nickerson

Add as a preferred source on Google

Two capitals of Europe, Paris and Budapest, are set to enter the race for the 2024 Olympic Games bid, with Paris’ bid to become official on Tuesday.

The cities will join Boston, Hamburg and Rome, with the winning city to be announced in September 2017, by an International Olympic Committee (IOC) members vote that will take place in Lima.

In April the city council of Paris approved the bid, looking to host the Olympics a century after it held the games in 1924. The city also hopes to surpass its 2008 and 2012 bids, where it was considered favourite but lost out to Beijing and London.

Paris has been unsuccessful in two consecutive Olympic bids (Source: Getty)

The city, which is expected to be an immediate favourite alongside Boston, wants athletes and sports officials to lead the bid, rather than statesmen.

Echoing the success of London 2012, led by Sir Sebastian Coe, the Paris bid will be led by three-time canoeing Olympic champion Tony Estanguet.

Tony Esanguet and Bernard Lapasset after the presentation of the Paris Olympic project on June 3, 2015 (Source: Getty)

Meanwhile, the mayor of Budapest, Istvan Tarlos, only started backing the idea of joining the contest in May. 

Given the long campaign season, it is expected more cities will enter. Bids must be submitted by September 15 this year.

New bidding rules have emerged that should make it cheaper and less burdensome to host the two-week contest, which Olympic officials say should help underdogs.

With many countries having suffered financial loss from the games and some populations against their cities bidding, the IOC is eager to see high public support from the winning city.

Paris major Hidalgo has promised a consultation with the public about the games, with Boston and Hamburg putting the decision to a public vote.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • Olympics 2016

Trending Articles

  • More Big Four blues as Deloitte plans to slash UK audit roles

  • Rathbones to suspend thousands of client account inflows after FCA probe deals £530m blow

  • Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

  • FTSE 100 Live: Stocks sink further as interest rates held; Oil falls as ‘economic catastrophe’ avoided

  • Baillie Gifford in line for Anthropic windfall just months after £3.6bn SpaceX bonanza

More from CityAM

  • Britain’s fastest man Zharnel Hughes backs home Olympics bid

    Sport Business
    Runners poised at the starting line of Zurich Marathon, showcasing determination and athletic focus amidst vibrant city ba...
  • Britain takes first steps on journey to 2040s North of England Olympics bid

    Sport Business
    Getty Images logo against a blurred backdrop, representing global media and visual content services for editorial use
  • A good deal on the London Stadium was never an option

    Opinion
    London stadium exterior showcasing modern architecture and vibrant atmosphere during a major event or sports match.
  • Climbing handed £1.4m boost to LA 2028 Olympic medal push

    Sport Business
    A business professional analyzing financial data on a digital tablet in a modern office setting
  • Enhanced Games isn’t sport but a product placement exercise

    Sport Business
    Getty Images logo on a digital screen, symbolizing media and stock photography, in a business and technology context.
  • Squash players turn to social media to cash in on LA Olympic Games opportunities

    Sport Business
    GettyImages 650503196 shows a professional business meeting in a modern conference room, highlighting diverse executives c...
  • Mayor Khan hails London as ‘undisputed global capital for women’s sport’ amid £50m boost

    Sport Business
    Getty Images logo on a blurred background, representing stock photo services, visual media, and professional photography.
  • Arsenal Champions League final tickets on resale sites for £200,000

    Sport Business
    Business professionals discussing strategies at a conference table in a modern office setting, emphasizing teamwork and co...

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies