KEEPING TABS: Pricey World Cup keeps fans away, hits US hotels, airlines (opens original article in a new tab)
The World Cup's expected travel and tourism boost in the US has not materialized due to high ticket prices, visa issues, and logistical challenges, leading to lower hotel bookings and flight cancellations.
- High ticket prices and visa hurdles have deterred international fans from attending the World Cup in the US.
- Hotel revenue forecasts for the World Cup have been cut by 60% due to low demand.
- Flight bookings from Europe to US host cities have declined, with New York seeing a 15.8% drop.
- Vacation rentals like Airbnb have seen increased demand compared to traditional hotels.
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