Only 3 Bids for the Winter Olympics

Sadly, the winter Olympics are generally a money-losing proposition. They don't have the global draw of the summer games, because most of the Earth's population does not really care about winter sports (witness the tiny delegation sent by India to the Vancouver games, and China really only sent gymnasts).

Because of that, the global recession, and the fact that there was a clear preference for one city, there were only three bids to hose the 2018 games: Pyeongchang, Munich, and the small French city of Annecy.

Pyeongchang, located in the Alpensia mountains east of Seoul, narrowly lost out to Vancouver for the 2010 Olympics and to Sochi, Russia, for the 2014 Games. They are widely expected to win these games.

Interestingly, it is the fewest number of bids to stage a Winter Olympics since 1981, when three finalists competed for the 1988 Olympics, which were awarded to Calgary. There were seven bids for the 1992 Games, four for 1994, six for 1998, nine for 2002 (cut to four finalists), six for 2006, eight for 2010 (reduced to four finalists) and seven for 2014 (decreased to three finalists).

So, it seems that either nations were unwilling to front the cost right now (likely) and most expected S. Korea to take the icing.

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