London bid for the 2012 Summer Olympics being selected by the International Olympic Committee (IOC) when put up against other world cities in a competitive bidding process. On 6 July 2005 at its 117th Session in Singapore, the IOC awarded London the right to host the Games of the XXX Olympiad. The city beat the favourite Paris 54 to 50 on the fourth and final ballot. London is the first city to host the Games three times. At the time of the bid, the budget projection was around £2 billion, but it was later estimated that the true cost would be around £9 billion. The project involved
Bids for the 2012 Winter Youth Olympics December 12, 2008, that Innsbruck won the rights to host the Games by a margin of 84 votes to 15. The result, collected by postal vote was revealed by IOC president Jacques Rogge on December 12, 2008: Rogge commented at the announcement, "this is a good decision in that it was obviously the best bid. Innsbruck has lots of assets - the capacity of the city, the experience of the people. It's an icon of winter sports. We are fully aware that this is a very short period, but we are extremely confident that Innsbruck can match the expectations of