"Tourism Expected to Pay Off $51B Sochi Investment"

From Athletic Business

Analysis by Rosella Sheehan in KIN 501

In the article, “Tourism Expected to Pay Off $51B Sochi Investment”, author Nancy Armour stated that several previous Winter Olympic cities including Salt Lake City and Vancouver have seen an increase in the amount of tourism revenue since the Olympics left. Russian officials are optimistic that Sochi will also see an increase in tourism in the years to come, especially from Russians and Europeans looking to vacation in the seaside town. Although travelling to Sochi is difficult, it does provide the best of both worlds in terms of snow and sand.

Despite the fact previous host cities have seen an increase in international tourism following the Olympics; I do not believe the same will occur in Sochi. Sochi officials did a great job of keeping the Games safe but the bad publicity the Games received has decreased the appeal of the city to most of the world. Many Westerners are not used to seeing stray dogs running the streets, unfinished hotel rooms or dirty drinking water which will make getting people to go visit this area of the world difficult. One of the biggest challenges Sochi will face trying to draw tourists is the reputation Russia has around the world, which is only becoming worse from its recent aggression towards Ukraine.

On the other hand, I do think that Sochi will draw Russians because Sochi became a source of pride for them during the Winter Games. A major draw this town has is its closeness to not only the sea but also the mountains. Other transformations to the seaside town that will draw Russian tourists is the new theme park “Putin World” and the transformation of Olympic Park into a race track for the Russian Grand Prix later on this year. Finally, the fact that Russia has several new sporting arenas will increase their appeal to host other sporting events in the future.

This article is relevant to this course because it is important to realize that several factors are taken into consideration when tourists decide to travel for a sporting event. Some of these considerations include: travel, accommodations and safety. Whenever an event is put on, organizers must consider these factors since they will affect the appeal of an event and the experience each guest will have. Especially in unappealing locations or with a losing team, organizers must think of creative ways to get people to come to games and events.