The International Olympic Committee (IOC) has confirmed Budapest, Hamburg, Los Angeles, Paris and Rome are on the shortlist to host 2024 Olympic Games.
The committees of the bidding cities had to submit their applications to the IOC by Tuesday night's deadline to be considered as the host of the games.
"We are welcoming five outstanding and highly qualified Candidate Cities," IOC President Thomas Bach said.
"Olympic Agenda 2020 has shaped the Candidature Process more as an invitation and the cities have responded by engaging with the IOC through dialogue and cooperation.
"In the new invitation process the IOC learnt that all the candidates are embracing Olympic Agenda 2020 from their respective vision for the future of their city. Sustainability and legacy are the cornerstones of each candidature."
The IOC will contribute £1.1billion and services to the organising committee for the 2024 Olympic Games.
As well as that, the IOC have made a number of changes to the their host city contract, which all five bidding cities have committed themselves to as potential host.
The changes include a non-discrimination clause, with the IOC stating in their charter that sport is a "human right" and should be available to all "regardless of race, sex, or sexual orientation".
