Batumi, Georgia, won the bidding procedure for the 2018 Chess Olympiad. The event will be accompanied by World Cup 2017 in popular resort on the Black Sea. (stay tuned for more details from the meeting today in Tromso)
The proposed budget for both events is exceeding 20 million USD.
1,6 million USD is allocated for the travel fund for 80 Nations, while around 2 millions USD will be spent on parallel development and promotion programs in Europe and the rest of the World. All teams would have equal conditions with accommodation in 5-stars luxurious hotels.