Madrid, Spain and Istanbul have lost out on the 2020 Olympics with Tokyo chosen as the host city. In a secret vote earlier this afternoon in Buenos Aires, Argentine the International Olympic Committee (IOC) selected Tokyo.
Spain’s Prime Minister made a final pitch to the IOC noting the country’s economic recovery and stability as key factors as to why Madrid should be selected. He also highlighted what many believed was the country’s strength and that is its strong tourism numbers. 58 million tourists visited the country last year up nearly 4 percent from last year.
If Turkey would have been selected it would have been the first Muslim country to host the Olympic Games.
Tokyo was considered the safe bet having been a host country before in 1998. Turkey and Madrid were considered riskier with each facing economic uncertainties and in Turkey’s case massive protests. Madrid lost to Istanbul in a tiebreaker by four votes and Japan won over Istanbul in a 60-36 vote.
This is the fourth failed bid for the Olympics for Madrid having tried in 1972, 2012, 2016 and 2020. The next Olympic games in 2016 will be hosted by Brazil.