Bananas, baseball and headaches

Olympics

Olympic delay of Japan reversed years of careful planning by the organizers and spawned costly headache for small businesses, hotels, and even teams pro baseball, compounding a price tag of 12 $ billion.

The Tokyo Games has been postponed until 2021 last week epidemic coronavirus depth, an unprecedented move in the history of 124 years of the modern Olympic Games.

new dates for late Olympics will probably be unveiled this week, Monday organizers.

for Japan, a one-year deferral will probably cost 641 billion yen ($ 6 billion), according to Katsuhiro Miyamoto, Professor Emeritus of Economics at the University of Kansai that studies the economic impact of the Olympic Games.

believes most of the 423 billion yen will be real costs – of chosescomme site maintenance, reprint documents for marketing and recruiting new volunteers – from the rest .. a larger blow to the economy

This is on top of $ 12 billion Japan spent in the run-up

the head of the International Committee of the Olympic Games said that the delay will result in additional costs for everyone.

to Grapestone Co Ltd, which sells cakes shaped sponge filled with banana custard, the delay was a disaster for the Olympic-themed candy “Tokyo Banana” he spent a year in development.

Grapestone sales were down since February, when the coronavirus began to tourism success. Now the sellers say they do not want cake decorated with the logo of the 2020 games

“We have never seen such a dramatic drop in sales,” said the spokeswoman Yukiko Ohno without detailing the decline. “Since the Olympics was delayed, we think less of our customers feel that they must have the cake now. “

The company cut back production at its plants in the neighboring city of Saitama. He also cherry blossom – and panda-themed cakes, but Ohno said the Olympics we made with rice flour, to give tourists a

Big view [123 “the taste of Japan. “]
Japanese sponsors, who paid a record $ 3 billion to be associated with the Games, complained privately to the uncertainty of the delay. Unlike global Olympic sponsors, most Japanese companies have signed just one year.

“We have to negotiate if our contract may be extended or to be signed again with additional costs,” déclaréun representative of a sponsor. “He does not even know if we can continue to use the rights or not. “

Venues is a particular problem for the organizers. Tokyo Big Sight, an enormous exhibition hall to the east of the city, was booked as a media center for the Olympic Games in midlliers journalists hold.

It is not known if Big Sight, which belongs to the government of Tokyo, will be available next year, as bookings are made in advance. The place has already signed contracts for 50 bookings from the year in April and is in talks for 200 others, said spokeswoman Mayumi Inoue. She said it was impossible to make room for the Olympics if other events were taking place. “It must be one or the other.”

Jingu Baseball Stadium, Tokyo Yakult Svautre professional team, was intended to be used to store equipment by the organizers at the Olympics, a spokeswoman said Swallows. The team was scheduled to play at the Tokyo Dome, the maisoNo Crosstown rival the Yomiuri Giants, between July and early September, but is still checking if it is still spokesperson.

Village Hotel
The Olympic Village, which is designed to accommodate more than 10,000 athletes, could prove one of the greatest headache. It should be converted into luxury apartments, many of which are already sold. Tenants are expected to move in by 2023.

A woman who bought an apartment in the village with her husband said she did not know about the move-in date.

“I do not understand what will happen,” sil said. “It would be troubling if the Olympic village were used over an extended period of time sans consent. “

Sales of apartments and lounges visits have been suspended until further notice, Mitsui Fudosan Residential, head of the real estate project, announced Monday.

Approximately 4.5 million tickets were sold for the Olympics, and another 970,000 for the Paralympics. Organizers say they have not yet decided how to handle the tickets, although Japanese media reported the tickets would be valid for the same event next year.

Tokyo organizers about 3 500 people on staff, with a number of persons seconded or government sponsored enterprises.

“most of the temporary staff are eager to return to their propres organizations for this volontéaffectent motivation “said an insider of the Olympics behind.

The postponement will heap more pain on hotels, which have been battered by the coronavirus.

“The decline in sales we see is brutal,” said Shigeki Kitahara, president of the Association and Ryokan Hotel, which has a traditional ryokan hotel itself.

With often made reservations in advance, it is difficult to change plans rapidly owners, he said.

“It’s a real kick in the guts.”

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