This is a 2-part series. In Part-1<\/a>, we looked at the existing process. In Part-2, we cover the reasons behind the new approach for selecting the host city and what this new approach entails.<\/span><\/em><\/p>\n

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1. The {tooltip}benefits{end-text}Profit and job creation in various industries (construction companies, banks, hotels, media, etc.). Also, hosting the Games is seen as a big badge of honour and carries the potential of turning the city into a tourist destination for years to come. {end-tooltip} of hosting the Olympic Games are highly questionable.<\/span><\/li>\n
2. This is because, since 1960, almost all Olympic Games have had massive cost overruns (e.g., the cost estimates for hosting Rio Olympics 2016 were $2.8 billion, but it ended up costing $20 billion).<\/span><\/li>\n
3. It means most host cities, rather than enjoying the benefits, end up losing money and wasting resources.<\/span><\/li>\n
4. This is one of the reasons why the IOC decided to adopt a new approach.<\/span><\/li>\n
5. Because, despite the expected losses, competing cities do everything possible to outbid the competitors to earn this \u201cbadge of honour.\u201d<\/span><\/li>\n
6. This “everything” includes excessive expenditure and corruption\u2014several cases of bribing\/unethical lobbying have been reported over the years.<\/span><\/li>\n
7. So, it reached a stage where countries started pulling out of the bidding process.<\/span><\/li>\n
8. In 2014, the IOC adopted Olympic Agenda 2020 that outlined the roadmap for the changes in the election process.<\/span><\/li>\n
9. Under this new approach, the IOC works with potential hosts and, rather than demanding major infrastructural changes, adapts the games to the general infrastructure plans of the city.<\/span><\/li>\n
10. The focus is on modification than construction\u2014maximum use of existing facilities is promoted.<\/span><\/li>\n
11. The host city can now use facilities outside the region or even the country if building a new facility can\u2019t be justified.<\/span><\/li>\n
12. The IOC will now share its expertise & experience with the host city to manage costs.<\/span><\/li>\n
13. Two {tooltip}\u201cFuture Host Commissions\u201d{end-text}Comprising International Federations, athletes, National Olympic Committees, the International Paralympic Committee.{end-tooltip} will oversee the process and make recommendations to keep costs manageable and the project environmentally sustainable.<\/span><\/li>\n
14. Rather than expensive proposals, interested cities can now get into an informal exchange<\/strong> with the IOC to explore interest in hosting the Games without any obligations<\/strong>.<\/span><\/li>\n
15. The IOC and the interested parties keep a continuous dialogue<\/strong> on where IOC supports them to develop the Games concept and discuss if that concept is aligned with the general developmental goals of the parties.<\/span><\/li>\n
16. This continuous dialogue is non-edition<\/strong>, i.e., it is not for a specific (2032 or 2036) Olympics Games\u2014it is more about exchanging notes.<\/span><\/li>\n
17. Then the discussion with the preferred host becomes targeted, and a specific edition is discussed.<\/span><\/li>\n
18. Brisbane 2032 is the first test of this new approach.\u00a0<\/span><\/li>\n<\/ol>\n
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