Published on : Thursday, February 9, 2017
Fifteen years ago today, the world’s eyes turned to Salt Lake when the region hosted the 2002 Winter Olympics. Utah not only became the winter sports capital of the world during the 17-day run as host of the XIX Olympic Winter Games, but the city of Salt Lake was forever changed, transformed into an economic engine that added billions of dollars to a growing economy during the Games and continues to enjoy the benefits of that once-in-a-lifetime experience today.
“Few industries benefited from the Olympic Games as much as the tourism industry. Hosting the Games immediately vaulted Salt Lake to the top ranks as a destination for major conventions and meetings, and solidified our reputation as a destination for world-class winter sports and recreation, embodied by our moniker, ‘Ski City’,” says Scott Beck, president and CEO of Visit Salt Lake. “Our success with the Games demonstrated to our residents and to the world that Salt Lake can successfully host events for thousands of attendees. Thanks to our well-developed infrastructure, our service minded community, and the urban amenities of a vibrant city, the world saw firsthand that Salt Lake is a unique destination for visitors.”
The official state economic impact for the period through the end of 2002 estimated the Olympics had an economic impact of almost $5 billion in sales and $1.5 billion in earnings for Utah workers, representing thousands of jobs and over $200 million in media exposure value from Utah events. Yet the financial benefits of the Games continue, with meetings and tourism a major factor in Salt Lake’s ongoing boom.
“The city was just ranked No. 2 for job creation among large metro areas by the U.S. Bureau of Labor Statistics,” Beck adds, tied with such progressive hubs as San Jose, California (Silicon Valley) and Seattle. Last year, Utah was named the No. 1 state for business by Forbes magazine for the third consecutive year, and Salt Lake one of the magazine’s top cities.
In the 15 years since the Games, Salt Lake has developed a booming downtown Arts District, headlined by the newly opened George S. and Dolores Doré Eccles Theater. It has also opened world-class museums like the Natural History Museum of Utah and The Leonardo. There’s a vibrant dining, bar and nightlife scene, and an expanded TRAX light rail transportation system that effortlessly brings visitors from Salt Lake City International Airport into downtown and throughout the greater Salt Lake area via a vast array of TRAX lines and buses. The legacy of Salt Lake’s time on the world stage as an Olympic Winter Games host city is its transformation into a vibrant destination that continues to attract visitors from all over the world.