IOC and Airbnb agree to collaborate as official accommodation to the Olympic Games

The International Olympic Committee (IOC) and Airbnb have reached an agreement whereby, from now until 2028, they will collaborate in the hosting of spectators, fans and athletes attending the Tokyo 2020, Paris 2024 and Los Angeles 2028 Olympic Games.

According to El Economista, the IOC’s objective is to promote a form of accommodation more in line with the sustainability goals set by the Olympic Movement, while Airbnb’s objective is to promote sustainable tourism.

Both entities emphasize that the agreement will mean a reduction in expenses both for the organization of the event and for the participating delegations. In addition, it will reduce the need to build new infrastructures (Olympic villages) that are usually used during the period of the Games and are usually abandoned.

In addition, they defend that in this way the economic income generated by the Olympic Games will have a direct impact on the local communities and the hosts.

It remains to be seen how the hotel industry will receive this pact, as it may directly affect their occupancy rates, which are assumed to be high during the holding of such events.