Year-over-year occupancy rates drop in June for Toronto-area properties. Hotel association CEO say it's the same for all 16 World Cup host cities. “They didn’t get what they were expecting.”
Hosting the World Cup hasn’t exactly been a windfall for Toronto-area hotels.
According to data compiled for the Greater Toronto Hotel Association, the percentage of GTA hotel rooms occupied during the first two weeks of the world’s biggest sporting event is down substantially compared to the same period last year, raising questions about the economic value of hosting.
Despite packed sports bars, Toronto’s World Cup hosting is yielding marginal economic gains, according to new data, with foreign…
TORONTO - The 2026 FIFA World Cup is expected to spur a modest lift in gross domestic product in Canada, driven by tourism and…
With just over two months until the World Cup begins, the hotel industry doesn’t see the promised economic boon on the horizon.
U.S. hotels say the promised economic boon from the World Cup hasn’t materialized yet for them. The American Hotel & Lodging…
At least one hotel group has blamed travel concerns from international fans and the cost of attending the World Cup as major…
The city hasn’t said whether it has made up a $5 million funding shortfall
