The southern port city of Busan has decided to postpone its bid for the 2024 summer Olympics after Tokyo was selected as the host city of the 2020 games.
Busan city officials said Monday they decided to bid instead for the 2028 Olympics, because the International Olympic Committee is unlikely to let two consecutive Summer Olympics take place in Northeast Asia.
Beijing hosted the 2008 Summer Games, followed by London in 2012, and Rio de Janeiro will host the event in 2016. Nagano, Japan also hosted the 1998 Winter Olympics, followed by Salt Lake City in 2002, Turin, Italy in 2006 and Vancouver in 2010. Sochi, Russia will host the 2014 Winter Games followed by Korea's Pyeongchang in 2018. Although the rules are not set in stone, there is a tradition of spreading the event across different continents in consecutive years.
Busan formally announced its bid for the 2020 Summer Games back in 2005. In 2002, Korea's No. 2 city hosted the Summer Asian Games, giving it the confidence to eye a much larger international sporting event.
But the city postponed its bid when Pyeongchang won the 2018 Winter Games, drastically lowering its chances so soon after. Now Tokyo's selection has thrown another spanner in the works.
An official said it is the city's long-term goal to host the Olympics and that it would use the time to get its infrastructure ready for the global sporting extravaganza.
The city hopes that the 2020 Olympics in Tokyo will boost tourism in Busan as well, which is just a few hours away by plane, and plans to develop tour programs and facilities to attract more visitors.