The third attempt turned out to be a resurrection.

South Korea had waited patiently until the taste of victory today, when the nation burst into tears of joy for winning 2018 Winter Olympics bid.

Pyeongchang, Korea, was announced as the host city for the 2018 Olympic Winter Games today - a crushing victory over rivals Munich of Germany and Annecy of France in the International Olympic Committee (IOC) vote in Durban. After two failed attempts for 2010 and 2014, Pyeongchang will mark the first Winter Games in Asia outside of Japan, where Winter Olympics were hosted in Sapporo in 1972 and Nagano in 1998.

This is one of the best moments in my life, said Yang Ho-cho, chairman of the Pyeongchang bid committee.

Fireworks lit up the midnight sky around a giant ski jump nestled in the foothills of the Taeback mountains near the small town of Pyeongchang and thousands screamed in delight, reported Reuters.

Kim Yu-na, the most renown South Korean figure skating champion, pitched South Korea's 2018 bid as part of the Korean city's bid team to the International Olympic Committee hours before the vote.

Pyeongchang County is the third largest county, located in Gangwon province, South Korea. The mountaneous area makes it the most famous winter sports center of the nation.