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Tokyo officials jubilant following Olympic bid win

Monday, September 9, 2013

Tokyo officials jubilant following Olympic bid win

After a tense round of deliberations, Tokyo successfully won its bid to host the 2020 Summer Olympic Games. Although officials in Istanbul and Madrid were undoubtedly disappointed by the result, the same cannot be said for the Japanese backers of the bid, and according to the Daily Mail, the Land of the Rising Sun is united in celebration of its victory.

'Shukugakai'
Shortly following the announcement that Tokyo would host the Olympic Games in seven years time, Japan went into full-on celebration mode - or "shukugakai," if you speak the lingo. The International Olympic Committee's decision makes Tokyo the fifth city that will have hosted the games twice, as the Japanese capital also held the Summer Olympics back in 1964. 

According to the news source, several factors made Tokyo an obvious choice for an Olympic host city. The capital's outstanding transportation system - which is among the most punctual in the world - was a major determining factor, as the huge numbers of tourists who are expected to visit Tokyo for the games will need to be able to get from one place to another reliably. Tokyo is also considered to be one of the safest cities in the world, and despite its huge size and massive population of over 13.2 million people, has remarkably low crime rates.

Major economic benefits
If the success of the 2012 Olympic Games in London is any indication, winning the bid could be just what Tokyo - and Japan as a whole - needs to recover from a series of serious economic pressures, according to Bloomberg.

"We've got a great chance to make Tokyo and Japan shine," said Japanese Prime Minister Shinzo Abe, as quoted by the news source. "I want to overcome 15 years of deflation. Hosting the Olympics and Paralympics will have good effects on a wide range of areas such as infrastructure and tourism."

Tokyo is one of the most densely populated cities in the world. As such, tourists who want to see world-class athletes compete for glory and the adulation of the crowds should book their trips early. Although Tokyo is renowned for the quality of its hotels, alternatives to typical chain properties such as serviced apartments and short term rental housing could become popular with overseas visitors coming to the Japanese capital for the games.

Of course, the hundreds of competitors heading for Tokyo in the hopes of bringing home gold medals will also need somewhere to stay. This is why Tokyo is embarking on its most ambitious housing project in more than 40 years to construct apartments for athletes in the city's Olympic Village that will occupy 109 acres of land near Tokyo Bay.

Serious challenges
Although the victory has united Japan and will no doubt prove to be an economic boon, hosting the Olympic Games is no easy task. According to The Japan Times, congestion on the city's roads will make private transportation difficult. As a result, the city's expansive mass-transit system is expected to absorb more than 10 million additional passengers for the duration of the event. Government officials insist that no additional transportation infrastructure will be necessary, but plans are underway to establish carpool lanes for official Olympic vehicles that should calm things down on the city's roads during the games.

In addition, concerns linger over whether the containment of the Fukushima nuclear disaster is fully under control. The incident, which followed a devastating earthquake and subsequent tsunami in 2011, was one of the worst in the nation's history and caused tourism to Japan to plummet by around 50 percent in the following year. However, officials remain confident that Tokyo can handle these challenges and will host an unforgettable Olympic Games.