The phrase references an entity that has been selected to organize and stage eight separate editions of the Olympic Games, as reported by The New York Times. This designation signifies a significant commitment and track record in managing complex, large-scale international events. The International Olympic Committee (IOC) awards the Games to cities, but this phrase alludes to a broader entity potentially encompassing multiple cities, a nation, or a recurring regional host agreement.
Hosting the Olympics provides substantial economic and reputational benefits. It can stimulate infrastructure development, boost tourism, and foster national pride. The historical context demonstrates that repeated hosting suggests established capabilities, financial stability, and a proven ability to meet the stringent demands of the IOC and the international sporting community. Moreover, such repeated selection implies confidence in the host’s ability to uphold the Olympic ideals and provide a secure and memorable experience for athletes and spectators.