World
Low US hotel bookings paint grim hospitality picture at the World Cup
✦ AI Brief
Hotel bookings in the US, associated with the World Cup, are falling short of industry expectations. Eighty percent of respondents to a survey by the American Hotel and Lodging Association reported hotel bookings were below initial forecasts. Visa barriers and broader geopolitical concerns are cited as issues suppressing demand, with 65 percent of respondents mentioning these factors. The US is cohosting the tournament alongside Mexico and Canada, with the first match kicking off in Mexico City and the final in New Jersey.