Mar
06

Olympic Stupidity

The ’12 London Summer Olympics will bring little if any net benefits. Sure, 40K athletes and coaches will come, but regular tourists will stay away, bookings are already down, and 20% of locals plan to be out of town to avoid crowds and traffic. While there will be new sports facilities, it just means less activity at the older venues. As for publicity, London already is one of the top tourist destinations.

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