The City of Orlando on Wednesday became the first U.S. city to announce it would enter the competition to host the 2018 Gay Games, the Orlando Sentinel reported.

The Olympic-style sporting event will return to the United States in 2014 with Cleveland, Ohio serving as the host city. The quadrennial sporting event was last held in Cologne, Germany.

Other cities expressing interest in hosting the next event include London, Paris, Las Vegas and possibly Brazil.

The bid will be prepared by Converge Orlando Inc., the LGBT Convention & Visitors Bureau for Central Florida.

Mikael Audebert told WKMG that the event could be worth $150 million in economic impact.

“We're going to make it happen,” he said.

The group also unveiled a tourism campaign aimed at the gay traveler.

“They tend to be more recession proof, continuing to travel when other groups curtail,” said Converge Orlando's Paul Queen.

Queen pointed out that popular LGBT events like Walt Disney World's Gay Days have already made Orlando a top U.S. destination for gay travelers.

Orlando Mayor Buddy Dyer said he is “extremely supportive” of the effort to bring the 2018 Gay Games to his city.

“Orlando has created a reputation for fairness, equality, diversity and tolerance, and would be a perfect locale to host this,” he said.

Officials will announce the host of the next Gay Games in 2014.