Saturday, July 26, 2008

Last Call on Olympic Tix

Yesterday's chaotic sell off in Beijing of the remaining 820,000 tickets to events at next month's Olympic Games demonstrated the frenzied interest of Chinese people to witness history-in-the-making over China's first hosting of this international multi-sport extravaganza. An estimated 500,000 Chinese, joined by another half million foreigners, are expected to fill the Olympic competition venues like never before. This, in contrast to the early years of the Olympics, which were not a major attraction and hence, were only sparsely attended. For the Beijing Olympics, some 7 million tickets have now been sold, with approximately 70% going to the domestic public, and generating $140 million in revenue. Olympic ticket demand and sales have never been so high, and might not attain this level again for some time to come (thankfully, the Western New England College delegation has secured its ticket allotment in advance of departure!).


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