London spins gold with tourism numbers

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Let the London Olympics Economics Games Begin!

Whatever happens during an Olympics, it takes some time to accurately measure how successful a Games was for the host city. Lots of questions have to be answered about the long-term viability of the permanent venues; the success or failure of the typical revitalization of the neighborhoods that usually surround the Olympic Village; and, perhaps most importantly, the short- and long-term economic benefits to the host city and nation.

The tally on the economic piece of that puzzle is starting to filter in and how one reads the verdict depends on how they view interior volumes of half-full drinking glasses. That’s because, according to figures out last week, instead of getting an Olympic bump in tourism London actually saw seven percent fewer visitors to the capital city than in 2011.

Yet, despite that disappointing figure, tourism revenue actually hit an all-time high in August: 2.38 billion pounds (that’s 3.82 billion dollars to you Americans out there).

Analysts claim that the jump in revenue was the result of those visitors who did come spent their money freely. Very freely, actually: Average spending in London during August was supposedly over 1,000 pounds a second (there’s no sense in applying the pound-dollar conversion rate for such an odd statistic).

Naturally the British government and tourism officials are taking the positive spin on this and chalking this up in the “London 2012 Games Were A Smashing, Historic Success – Hooray For Great Britain!” category. Grumpy British sourpusses are putting it in the “We Beg To Differ – Politely, Of Course, Because We’re British” column, and one particularly dour Briton who lives and dies by the tourism trade flatly refused to accept the government’s shiny, happy view of the numbers.

“From pubs, to theatres, to shops and taxi drivers, there is not a single person I have spoken to since the Olympics that did not suffer,” he told The Independent. “The Games were a roaring success – it’s a great shame that we can’t say the same for British tourism in 2012.”

It’s unclear where all of the extra money spent went if not to pubs, theatre, shops and taxi drivers, but it seems likely that this guy is more concerned with the amount of oxygen than beer in his pint glass when he goes out drinking. Maybe because he doesn’t have a ton of money to throw around right now.

Chris Froome adds world champs medal to historic season

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Chris Froome added his first individual world championships medal to the most successful year of his incredible career.

The four-time Tour de France winner took bronze behind Dutchman Tom Dumoulin and Slovenian Primoz Roglic in the time trial in rainy Bergen, Norway, on Wednesday.

Dumoulin, the Olympic time trial silver medalist and Giro d’Italia winner, covered the 19-mile course in 44 minutes, 41 seconds. Roglic, a former ski jumper, was 57.79 seconds slower.

Froome, who owns two Olympic time trial bronze medals, was 1:21.25 behind. The top American was Tejay van Garderen in 26th.

Full results are here.

Froome, though possibly tired from sweeping the Tour de France and Vuelta a España this summer, benefited from the layout, which featured a two-mile climb to the finish.

He improved from seventh going into the final climb to make the podium by 7.27 seconds.

That summit all but dashed the hopes of German Tony Martin going into the race. Martin won his record-tying fourth world time trial title last year but is not a great climber. He finished ninth.

In Bergen, Froome was bidding to become the second cyclist to win the Tour de France and the world time trial title in the same year. Spaniard Miguel Indurain achieved the feat in 1995, the last of his five straight years winning the Tour.

The time trial debuted at worlds in 1994.

He also hoped to join Eddy Merckx (1974) and Stephen Roche (1987) as the only men to win multiple Grand Tours and a world title (either road race or time trial) in the same year.

The world championships continue Friday with junior and U23 road races. The next elite event is the women’s road race on Saturday. The weeklong championships conclude with the men’s road race Sunday.

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MORE: World Road Cycling Championships broadcast schedule

Michael Phelps still has ‘no desire’ to come back

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Michael Phelps says he has “no desire” to return to competitive swimming, but he is eager to stay involved with the sport and cheer on those who follow in his enormous wake.

In an interview Tuesday with The Associated Press while promoting a healthy pet food campaign, Phelps said he is excited about the birth of his second child and numerous opportunities away from the pool.

It was around this time four years ago when Phelps got serious about ending his first retirement, but he now seems content with his decision to step away again after the Rio Olympics.

His wife, Nicole, is about four months pregnant. The couple already has a 16-month-old son, Boomer.

“I’ve got no desire, no desire to come back,” the 32-year-old Phelps said flatly.

Phelps has attended a handful of swimming meets since the Rio Games, where the winningest athlete in Olympic history added to his already massive career haul by claiming five gold medals plus a silver. A few months ago, he conceded to the AP that he was eager to see how he would feel about a possible comeback after this year’s world championships in Budapest, Hungary.

Turns out, it had no impact.

Phelps said watching others compete “truly didn’t kick anything off or spike any more interest in coming out of retirement again.”

He is eager to follow the development of his heir apparent, Caeleb Dressel, who emerged as the sport’s newest star by winning seven gold medals at Budapest. The 21-year-old Floridian joined Phelps and Mark Spitz as the only swimmers to accomplish that feat at a major international meet.

“I’m happy Caeleb decided to go off this year instead of last year,” Phelps joked. “I’m kind of happy to see him swimming so well when I’m not there.”

With Dressel and Katie Ledecky now leading the American team, the U.S. is expected to remain the world’s dominant swimming country heading into the 2020 Tokyo Olympics.

Even without Phelps.

“It’s time to kind of move on,” he said, “and watch other people come into their own.”

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