Paris 2024 Olympics

Industry Investment Rating - The report does not explicitly provide an investment rating for the industry [1] Core Viewpoints - The Paris 2024 Olympic Games served as a case study for future mobility solutions, focusing on governance, mobility supply, smart mobility, demand management, and funding [2] - The Games demonstrated the importance of integrated governance and collaboration among stakeholders to manage large-scale events effectively [12][14] - Significant advancements in mobility infrastructure and services were made, including increased public transit offerings, micromobility expansion, and accelerated infrastructure improvements [17][22] - Smart mobility solutions, such as dynamic journey planners and MaaS (Mobility as a Service), played a crucial role in managing congestion and enhancing the user experience [31][35] - Demand management strategies, including traffic restrictions and fare policies, were implemented to optimize transportation capacity and reduce congestion [40][46] - Funding for mobility infrastructure was partially covered by temporary fare increases and special taxes, ensuring financial sustainability without burdening local residents [48][49] Governance and Collaboration - The Paris Games highlighted the necessity of unified governance models, with COJOP (Comité d'Organisation des Jeux Olympiques de Paris) coordinating all stakeholders, including public transport operators, city authorities, and security agencies [10][12] - Collaboration among stakeholders was crucial for successful mobility management, with regular steering committees and integrated transport planning [12][14] Mobility Supply and Infrastructure - Public transit services were expanded by 15% compared to a typical summer, with a 23% increase in RER (Réseau Express Régional) services and 4,500 additional Transilien trains [14] - New infrastructure projects, such as metro line extensions (Line 11 and Line 14), dedicated transportation lanes (185 km), and new bicycle lanes (120 km), were accelerated to accommodate the influx of visitors [17] - Micromobility options were expanded, with 5,000 additional e-bikes and 3,000 new bike parking spaces introduced [14] Smart Mobility and Technology - Technology played a key role in managing congestion, with a dedicated app offering real-time transport updates and dynamic journey planning to distribute passengers more evenly across transit options [31][32] - Digital innovations, such as the Paris 2024 MaaS app and AI-executed translations, enhanced the user experience and improved the efficiency of public transit [31][35] Demand Management and Fare Policies - Authorities implemented traffic restrictions, low-traffic zones (LTZ), and encouraged remote work to reduce daily commuting and vehicular flow within the city [40][46] - A special fare policy was introduced, with metro and bus ticket prices doubling to €4 during the Games to cover additional transport expenses [40][48] Mobility Funding and Legacy - An additional budget of €250 million (~$270 million) was allocated to support transportation infrastructure, funded by temporary fare increases and special taxes [48][49] - The legacy of the Games includes lasting improvements to urban mobility, such as reduced congestion and emissions along key routes, though only 3 km of dedicated bus lanes remain as a permanent legacy [25][46] Future of Mobility - The Paris 2024 Games set new standards for sustainable and efficient mobility solutions, which will be a prerequisite for future large-scale events like the Los Angeles 2028 Olympics and the 2030 FIFA World Cup [58][59] - The Future of Mobility (FoM) Lab by Arthur D Little aims to support mobility stakeholders in shaping future ecosystems and addressing challenges in urban mobility [60]