Tuesday, August 26, 2008

Denver Update and the Olympic Effect

You can read my Denver Update on PlanetEye here. It is part of a pattern that I have observed at highly anticipated major events such as the Olympics and the Superbowl.

Step One: City is awarded a major event, nightmare scenarios are predicted for lodging and transportation.

Step Two: Every business in town prepares for record breaking crowds, and quadruples their prices in an attempt to gouge visitors.

Step Three: The residents and regular visitors anticipate this and change their habits, avoiding the city at all costs.

Step Four: The event begins, crowds are light, and business suffers. Life goes on as normal with far fewer disruptions than a typical workday.

Step Five: Residents re-adjust to reality, and repopulate the city, just as the event ends.

This happened in Atlanta in 1996, Bejing last week, and Denver this week. It is predictable, but never predicted.

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