Sports News

Tokyo 2020 Olympics ticket prices unveiled

FILE PHOTO: Logos of Tokyo 2020 Olympics and Paralympics are seen on the Mitsui Main Building in Tokyo Japan, September 20, 2016. REUTERS/Toru Hanai/File Photo

TOKYO (Reuters) - The organizers of the Tokyo 2020 Olympics unveiled domestic ticket prices for the Games on Friday ranging from less than $18 up to $2,760, the top rate for a place at the opening ceremony.

Tickets for many events start at the symbolic price point of 2,020 yen ($17.96) but these are only for group sales, while the cheapest individual tickets will go on sale for 2,500 yen ($22.23).

More than half of all tickets will be sold for less than 8,000 yen ($71.15), according to organisers. The cheapest tickets are to be found for sports such as soccer, hockey and the marathon.

The Tokyo prices are roughly in line with those for the London Olympics in 2012 but are more expensive than Rio 2016, although fluctuating exchange rates make comparisons difficult.

At London 2012, the most expensive opening ceremony tickets cost $2,618 at today’s exchange rate.

As in previous Games, athletics is the most expensive event with the highest priced tickets coming in at 130,000 yen ($156.12).

Tickets will go on sale in Japan in spring 2019. The pricing strategy for tickets to be sold internationally has not yet been announced.

(1 Japanese yen = 0.0089 USD)

Reporting by Jack Tarrant; Editing by Christian Radnedge