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We Pay £50k per Tourist.

London 2012 Olympics: hotel prices fall as visitor rush fails to materialise - Telegraph

Studies have shown that an estimated 294,000 tourists were likely to visit London from overseas during the Games period.

Is that right? If we believe that the Games will only cost us £9billion, a naive charming belief on par with that of the tooth fairy, then that is over £30,000 a visitor. And they are displacing more tourists who would have come anyway.

Is it really as mad as that?

Comments

The Sydney Olympics were over hyped,regular tourists stayed away, locals were advised to take holidays away to ease the expected crush of tens of thousands of Olympic spectators. Restaurants were empty,the roads were empty and very few turned up to watch the games. I expect the same for London.

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