HBO's 'Real Sports' Looks At IOC ROCOG Admits To Rushing Village Completion Rio Expected To Run 43% Over Budget Athletes Village Yet To Pass Safety Tests Russia Reportedly Offered Deal To IOC IOC Criticized For Allowing Russia To Field Team Australians Unhappy With Olympic Village USA Gymnastics Agrees To Buy Karolyi Ranch Editorials Call For Complete Russian Oly Ban Tennis Players Drop From Games Citing Zika
SBD/April 22, 2011/Olympics
Premier Inn Balks At Deal To Provide Discounted Hotel Rooms For London Games
Published April 22, 2011
HOT MARKET: The TELEGRAPH's Magnay reports LOCOG officials are "bullish about the number of ticket orders placed in the public ballot but are expecting a big rush of applications on Sunday night." Sources said that there has been "huge demand for popular finals tickets and pleasing levels of interest in some of the mid-tier and less popular sports." As expected, the "highly sought-after events have been the opening ceremony, the swimming finals and preliminaries, cycling finals, track and field, diving, gymnastics and equestrian -- all of which have been flooded with applications." All oversubscribed sessions "will be subject to a ballot." There are 6.6 million tickets "for sale in this public ticket offer, and while there will be future sales opportunities, this current ballot is the best chance of securing a seat." LOCOG CEO Paul Deighton said that he expects to have about US$165M worth of tickets "still to sell when the ballot closes at midnight on Tuesday," representing 20% of LOCOG's ticketing revenue target of about US$825M (London TELEGRAPH, 4/22).