On July 26th at 7:30 PM local time (1:30 AM SGT on July 27th), the Paris Olympics will kick off on the Seine River. Unlike previous Olympic Games, this opening ceremony will not be confined to a closed stadium but will use the city space as its stage.
Starting from the Austerlitz Bridge, athletes will travel approximately 6 kilometers along the Seine River by boat, finally reaching Trocadero Square for the subsequent opening ceremony.
In addition to the unique opening ceremony, famous landmarks will be used as competition venues.
The Palace of Versailles will transform into a venue for equestrian and modern pentathlon events.
Fencing and taekwondo will take place in the Grand Palais.
Athletes will play beach volleyball in front of the Eiffel Tower.
Concorde Square will host 3x3 basketball, breaking, skateboarding, and freestyle BMX.
The Hôtel des Invalides will hold archery and cycling events and witness the crowning of the marathon champion.
Are you interested in new events?
In December 2020, breaking, along with surfing, skateboarding, and climbing, officially became competition events for the 2024 Paris Olympics. The latter three sports made their Olympic debut at the Tokyo Olympics.
What stocks may benefit from Paris Olympics?
These are the partners shown on the official website. $Airbnb, Inc.(ABNB)$ $Visa(V)$
Other companies like $LVMH-Moet Hennessy Louis Vuitton(LVMUY)$, $Lululemon Athletica(LULU)$, $Nike(NKE)$, $Ralph Lauren(RL)$ and $Asics Corp.(ASCCY)$ supplied the clothing for the national teams.
Which events are you interested in?
Will you be going to Paris to watch the games?
Which stocks you're keeping an eye on?
Leave your comments and also post to win tiger coins~
Comments
Regarding the stocks that I keep an eye on, the home-sharing platform Airbnb said its supply in the Paris market has increased by 40% and it has seen a sharp increase in bookings during the Summer Olympics. To cope with the traffic pressure during the competition, Uber Technologies cooperates with boats on the Seine to launch a “call-the-boat” service. Users can also book a one-day trip with champagne tasting on the “Uber Boats” platform.
Although the "Olympic effect" is often viewed as a factor that stimulates tourism, aviation and hotel industries, the unique concept and external factors of this year's Paris Olympics have challenged this traditional pattern.
any event... wish I have the [USD] [USD] [USD] to go to Paris to watch the games [Pitiful] any sponsor though [Grin]
would believe stocks of airlines, hotels f&b, retails would gain the most from these events...
@GoodLife99 @HelenJanet @LMSunshine @Aqa @koolgal @Universe宇宙 @rL @HelenJanet @TigerGPT @Shyon
Which events are you interested in?
Will you be going to Paris to watch the games?
Which stocks you're keeping an eye on?
Leave your comments and also post to win tiger coins~
I won’t be going to Paris to watch the Olympics as I had been there 3x. Moreover, I currently don’t hold a passport. [Happy][LOL][Chuckle].
I will watch from TV and at the same time, busy tabulating my SG dividends. This week, 6 counters announced their DPU. Even though some counters decreased their DPU, I am still on track with my KPI dividends [Heart][Applaud][Chuckle][Bless][love you][Happy][Smile]