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While technically correct, it's also misleading, because there's a new bidding process that aims to eliminate contests. There's now a "Continuous Dialogue" with everybody interested, and IOC then uses opaque criteria to select "Preferred Hosts" for "Targeted Dialogue".

https://en.wikipedia.org/wiki/Bids_for_the_2032_Summer_Olymp...

While there were initially 5 bids for the 2024 olympics, 3 of those were withdrawn before the session to look at them even started.

Given the spate of withdrawals, and that half the bids had also been withdrawn for the 2022 Winter Olympics, the IOC decided to just allocate 2024 and 2028 directly to the two bidders left to not take risks over 2028.

Paris was the only city too for 2024, the only other city was Los Angeles who will host the 2028 Olympics. They won the contest together and the two cities decided together which one will host the first of the summer games. Los Angeles didn't really care about the year so Paris stick with 2024.