GamesBids.com Updates BidIndex; The 2010 Olympic Bid Race Tightens

GamesBids.com today released an update to BidIndex for the 2010 Olympic Winter Games. This is the first update to comprehend the impact of the International Olympic Association’s Evaluation Report released last week.

All three bids received favorable reviews by the Evaluation Commission and this is reflected by strong increases to their BidIndex scores leaving only 1.60 points between the two frontrunners in this increasingly tight race.

PyeongChang, South Korea still trails the field but posted the strongest gain of 7.10 to 60.12. An evaluation report that portrays the Asian bid as a serious and legitimate competitor that could leave the IOC with a valuable legacy provides a similar scenario that made Beijing’s 2008 Olympic Bid successful.

The BidIndex for Vancouver, Canada rose 4.87 to 64.95 on the strength of an evaluation report that dispels concerns about public support and describes the transportation plan between venues as workable.

Salzburg, Austria continues to hold the lead with a BidIndex of 66.55 on a 2.37 increase. The evaluation report confirmed many of Salzburg’s strengths but raised some issues about accomodations and the Paralympic plan. The bid committee has already promised solutions to these in their response to the IOC due May 11.

BidIndex is a model developed by GamesBids.com that when applied to an Olympic Bid, produces a number that can be used to rate a bid relative to others in the past – and possibly gauge it’s ultimate success. You can view BidIndex 2010 details on the BidIndex Website.

The next BidIndex update is scheduled for after May 19 when the bids may publish their responses to the IOC. Additional updates may occur at any time as information becomes available.

For further information about BidIndex please contact rob@gamesbids.com.