Thursday, February 27, 2014

How will Sochi handle its Olympic hangover?


The Winter Olympics are over, but the massive stadiums, hotels, and roadways that were built for the event aren't going anywhere. And if history is any indicator that could be a major problem for host city Sochi.


Russia spent a record $51 billion preparing Sochi to host the games, transforming the seaside resort city into a winter wonderland in one of the most ambitious overhauls in Olympic history. Authorities have said they hope the investment will turn the region into a major tourist destination, though few specifics have been offered and experts are raising red flags.


"They don't seem to have made any real plans as to what happens after," says David Wallechinsky, president of the International Society of Olympic Historians. This...


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