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
Summer Olympic Games Olympic Games in the capital city, London, which became the first city ever to have hosted the Summer Olympic Games three times. The cities of Los Angeles, Paris, and Athens have each hosted two Summer Olympic Games. In 2024, France will host its third Summer Olympic Games in its capital, making Paris the second city ever to have hosted three Summer Olympics. In 2028, Los Angeles will become the third city ever to have hosted the Games three times. Australia, France, Germany and Greece have all hosted the Summer Olympic Games twice. The IOC has selected Tokyo, Japan, to host