Olympic ticket sales fall short for Pyeongchang games

People walk in front of mascots of the 2018 PyeongChang Winter Olympic as well as Paralympic Games Soohorang (L) as well as Bandabi (R) on January 5, 2018 in Seoul, South Korea.

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People walk in front of mascots of the 2018 PyeongChang Winter Olympic as well as Paralympic Games Soohorang (L) as well as Bandabi (R) on January 5, 2018 in Seoul, South Korea.

We’re just one month away coming from the Olympic opening ceremonies in Pyeongchang, South Korea. as well as for a lot of reasons, ticket sales are falling short of the pace they set at past games.

Two weeks ago the Pyeongchang organizing committee reported only 61 percent of all tickets have been sold. that will’s 655,000 out of 1.07 million total tickets. For common sports such as figure skating as well as ice hockey, those numbers were even lower, coming in under 60 percent.

Tensions between North Korea as well as South Korea have dominated the news recently. although many locals speaking to CNBC explained that will within South Korea citizens have grown accustomed to decades of such risks. Some suggested there were more concerns about safety at the 1988 Summer Games in Seoul.

In recent days the two countries reinstated a hotline phone to ease tensions, while the U.S. as well as South Korea said they would likely postpone military exercises until after the games end.

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