Pyeongchang Beats Munich, Annecy for 2018 Winter Olympics

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Pyeongchang will host the 2018 Winter Olympics after beating Munich and Annecy, France, in its third bid to bring the event to South Korea.

The town, located in the Taebaek mountains 130 kilometers (80 miles) east of Seoul, won in the first round of voting by International Olympic Committee members yesterday in Durban, South Africa. Pyeongchang had lost out on the 2010 and 2014 Winter Games, which went to Vancouver and Sochi, Russia.