Paris Olympics Sets $26 Rate For 1 Million Tickets

One million tickets for the 2024 Paris Olympics will be sold for $26.50 (24 euros) each with availability for all 32 sports, organizers said Monday.

The Paris proposal to the International Olympic Committee sets the basic price lower than that of the 2012 London Olympics, where the tickets cost more than $31.

"This is something important for us," Paris organizing committee president Tony Estanguet said. "This is a very strong promise to offer accessibility of everyone to Olympic sports."

A centralized global sales program unveiled by Paris Olympics organizers calls for pricing nearly half of the 10 million total tickets at no more than $55 (50 euros).

For the 2024 Paralympics, prices start at $15.60 (15 euros), and about half of the 3.4 million tickets will cost no more than $27.50 (25 euros).

Paris aims to raise $1.22 billion (1.1 billion euros) in revenue — about 30% of its budget — from ticket sales, Estanguet said.

Hitting that target would lift ticket income for Paris above the $1 billion raised by London from more than 8 million tickets sold.

Tokyo organizers aimed for $800 million from ticket sales before the COVID-19 pandemic prevented fans from attending nearly all the events at the 2020 Games, which were postponed to 2021.

Fans wanting to secure tickets for Paris events can start toward the end of this year in a process overhauled to include buyers worldwide. Previously, tickets were sold in the host country and a network of agents worldwide handled sales elsewhere.

Estanguet said the new system should "limit the frustration" of people who previously specified their preferred tickets with no guarantee of getting them.

Instead, a two-month registration period will let prospective buyers sign up for a lottery that will allocate the winners a time slot next February of several hours to choose the tickets they want for multiple sports sessions.

"We can then guarantee that if you buy those tickets, you will receive them," Estanguet said.

Single tickets for events will go on sale in May 2023, and a third sales phase will start toward the end of next year.

Estanguet said a new ticketing portal managed by French companies would also offer a resale platform.

Asked if discussions were made about limiting portal access for residents of Russia and Belarus because of the invasion of Ukraine, Estanguet said no decision was needed for several months.

Source: Voice of America

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