Budapest is competing with Los Angeles, Paris, and Rome to host the Games (Hamburg was also selected to bid, but withdrew following a public referendum in November 2015); Hungary received positive feedback on its initial bid from the executive board of the International Olympic Committee (IOC) in early June. 

The candidate cities are due to submit the next round of paperwork in the bid process in October, and the IOC will make a final decision regarding the venue of the 2024 Games in September 2017, according to MTI.