Editing 1992 Winter Olympics (section)

==Legacy==
The 1992 Olympic Winter Games marked the last time both the Winter and Summer games were held in the same year. The 1992 Winter Olympics also marked the last time [[France]] hosted the Olympics until [[2024 Summer Olympics|2024]], when [[Paris]] became the second city to host the Summer Olympics three times.<ref>{{Cite news|last=Kostov|first=Joshua Robinson and Nick|date=2019-10-24|title=She's the Face of the 2024 Paris Olympics, and France Is Aflutter|language=en-US|work=Wall Street Journal|url=https://www.wsj.com/articles/shes-the-face-of-the-2024-paris-olympics-and-france-is-appalled-11571931910|access-date=2020-10-29|issn=0099-9660}}</ref>

===Cost and cost overrun===
''The Oxford Olympics Study'' established the outturn cost of the Albertville 1992 Winter Olympics at US$2.0&nbsp;billion (in 2015-dollars) and cost overrun at 137% in real terms.<ref>{{Cite book|ssrn=2804554|title=The Oxford Olympics Study 2016: Cost and Cost Overrun at the Games|last1=Flyvbjerg|first1=Bent|last2=Stewart|first2=Allison|last3=Budzier|first3=Alexander|publisher=Saïd Business School Working Papers (Oxford: University of Oxford)|year=2016|location=Oxford|pages=9–13}}</ref> This includes sports-related costs only, that is: (i) ''operational costs'' incurred by the organizing committee to stage the Games, e.g., expenditures for technology, transportation, workforce, administration, security, catering, ceremonies, and medical services; and (ii) ''direct capital costs'' incurred by the host city and country or private investors to build, e.g., the competition venues, the Olympic village, international broadcast center, and media and press center, which are required to host the Games. Indirect capital costs were not included, e.g. road, rail, or airport infrastructure, or hotel upgrades or other business investment incurred in preparation for the Games but not directly related to their staging.  In comparison, the cost and cost overrun of the [[2010 Winter Olympics|2010 Vancouver Winter Olympics]] were US$2.5&nbsp;billion and 13%, respectively, while the [[2014 Winter Olympics|2014 Sochi Winter Olympics]] (the most costly Olympics to date) had costs and cost overrun at US$51&nbsp;billion and 289%, respectively.<ref name="The Guardian">{{cite web|url=https://www.theguardian.com/sport/blog/2013/oct/09/sochi-2014-olympics-money-corruption |title=Sochi 2014: the costliest Olympics yet but where has all the money gone? |work=The Guardian|date=9 October 2013 |access-date=2014-02-12}}</ref> The average cost for the Winter Games since 1960 is US$3.1 billion, while the average cost overrun is 142%.{{citation needed|date=September 2020}}