Olympics: 2020 organizers propose 288,000 yen ticket price cap

The organizing committee for the 2020 Tokyo Olympic and Paralympic Games proposed at a ticket sales strategy meeting Tuesday to set a 288,000 yen (about $2,600) cap on entry prices for the Games' opening ceremony.The organizers proposed the ceiling for the ceremonies and competitions at a 14-member meeting, but did not announce any tangible results after several suggested that the price range of the tickets should be wider to accommodate the needs of customers.While organizers are hoping to offer affordable tickets for elementary school students in the 1,000-2,020 yen price range, significa…READ FULL ARTICLE