{"id":235654,"date":"2026-05-18T18:39:08","date_gmt":"2026-05-18T18:39:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/235654\/"},"modified":"2026-05-18T18:39:08","modified_gmt":"2026-05-18T18:39:08","slug":"the-world-cup-in-the-new-york-area-isnt-the-boon-hotels-had-hoped-for-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/235654\/","title":{"rendered":"The World Cup in the New York Area Isn\u2019t the Boon Hotels Had Hoped For \u2013 Commercial Observer"},"content":{"rendered":"<p class=\"p1\">On May 11, New York Mayor Zohran Mamdani <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/x.com\/vinbarone\/status\/2053950633657458891\">dribbled a soccer ball<\/a> through a sea of excited children before misfiring at the goal on an asphalt road in front of PS 32 in the Bronx.<\/p>\n<p class=\"p2\">The mayor was on hand that Monday to promote <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/nyc.streetsblog.org\/2026\/05\/11\/mamdani-will-turn-50-school-streets-into-soccer-streets-during-world-cup\">Soccer Streets<\/a>, a city program that would temporarily close roadways in front of 50 schools to traffic for two months, allowing kids to practice drills, make art, and do other activities in celebration of the World Cup next month.<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/?p=569195&amp;preview=true&amp;preview_id=569195\" rel=\"nofollow noopener\" target=\"_blank\">25 Kent Offers Companies a Cutting-Edge Office Experience in Laid Back Williamsburg<\/a><\/p>\n<p class=\"p2\">\u201cWe want every kid in this city to experience the joy of the game,\u201d Mamdani said in a <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.nyc.gov\/mayors-office\/news\/2026\/05\/soccer-streets--mayor-mamdani-transforms-50-school-blocks-across\">statement<\/a>. He referenced the city\u2019s longer-running Open Streets initiative as a model for the soccer theme. \u201cThese activations are another step toward bringing the World Cup to our city\u2019s young people.\u201d\u00a0<\/p>\n<p class=\"p2\">Football fever has simmered across the city ever since FIFA, international soccer\u2019s governing body, announced in 2018 the World Cup would return to North America with MetLife Stadium <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/fifaworldcup26.hospitality.fifa.com\/en\/venues\/new-york-new-jersey?utm_source=google&amp;utm_medium=cpc&amp;utm_campaign=hostcity_nynj&amp;xref=google_hostcity_nynj&amp;gad_source=1&amp;gad_campaignid=22798176412&amp;gbraid=0AAAAA-icCsHyUZuXRILxNbjh48H7Glnus&amp;gclid=CjwKCAjwn4vQBhBsEiwAq3hhN218DauPWDTcC-sjudisBop3QmMXc_nHDgAHS53TAo1OMYXclN349BoCkTwQAvD_BwE\">hosting<\/a> eight matches, including the July 19 final.<\/p>\n<p class=\"p2\">More than 1 million people are expected to travel to New York and New Jersey for the 32-team tournament, which could generate <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/nynjfwc26.com\/press-releases\/3-billion-in-economic-impact\/\">$3.3 billion<\/a> in economic activity, according to the FIFA World Cup New York-New Jersey host committee.\u00a0<\/p>\n<p class=\"p2\">But the World Cup windfall hotels expected to receive may not materialize.\u00a0<\/p>\n<p class=\"p2\">One month before the games kick off, New York hotels have filled only 25 to 30 percent of their rooms during the tournament, according to hotel booking data from <a href=\"https:\/\/commercialobserver.com\/company\/costar\/\" title=\"CoStar\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">CoStar<\/a> that tracks real estate analytics. Those figures are roughly 8 and 12 percentage points below booking levels for the same month a year ago, CoStar found. Only 31 percent of New York hotel rooms were full on the first day of the matchups, while a mere 20 percent of rooms were spoken for during the championship, CoStar found.\u00a0<\/p>\n<p class=\"p2\">Hospitality industry leaders predict a 10 percent increase in revenue compared with last year as fans will make last-minute<br \/>plans to attend the tournament. But the lack of demand for rooms earlier this year could cost the region\u2019s hotels an estimated $100 million in anticipated business, industry officials claimed.\u00a0<\/p>\n<p class=\"p2\">\u201cFIFA promised 1.2 million visitors would come. However, demand remained flat year-on-year from February through the end of April,\u201d said Vijay Dandapani, president and CEO of the <a href=\"https:\/\/commercialobserver.com\/company\/hotel-association-of-new-york-city\/\" title=\"Hotel Association of New York City\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Hotel Association of New York City<\/a>. \u201cIn the end we expect to do better than last year, particularly with last-minute purchases, but the visitor number is expected to fall short by more than 50 percent.\u201d<\/p>\n<p class=\"p2\">There are myriad factors beyond the football pitch that have dampened interest in the world\u2019s most-watched sporting event.\u00a0<\/p>\n<p class=\"p2\">Some fans are balking at the tournament\u2019s high ticket prices. The cheapest tickets for MetLife\u2019s first match between Brazil and Morocco are close to <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.stubhub.com\/world-cup-east-rutherford-tickets-6-13-2026\/event\/153021803\/?qid=1ebdbb01-4a60-4aab-9604-11d2308865cb&amp;iid=98aa061b-0435-4e1f-8734-011ee1a282a6&amp;index=stubhub&amp;ut=a1537651-4fa9-4073-bd83-4f5e9f592fff&amp;lt=40.671&amp;lg=-73.894\">$1,500<\/a> on some resale markets, while the championship starts at about <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.stubhub.com\/world-cup-east-rutherford-tickets-7-19-2026\/event\/153020449\/?backUrl=%2Fworld-cup-tickets%2Fgrouping%2F45410&amp;lt=40.833989&amp;lg=-74.0970865&amp;quantity=1\">$8,000<\/a>. Last month, someone listed four championship seats on FIFA\u2019s resale site for <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.espn.com\/soccer\/story\/_\/id\/48572372\/world-cup-final-tickets-listed-fifa-resale-2-million\">$2.3 million<\/a> each (the most expensive tickets on StubHub on May 12 were $84,000 each).<\/p>\n<p class=\"p2\">Meanwhile the cost of traveling to New York keeps growing. Airfare has surged since the U.S. war in Iran caused oil prices to float above $100 per barrel, forcing Air Canada to <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/apnews.com\/article\/air-canada-jfk-fuel-iran-b44f4994f2af268cf6929c5f0f52080f\">suspend flights<\/a> to JFK Airport for five months. Meanwhile, the inflation rate jumped to <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.cnn.com\/2026\/05\/12\/economy\/us-cpi-inflation-april\">3.8 percent<\/a> in April, its highest rate in three years. And New Jersey Transit is charging passengers <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.nbcnewyork.com\/world-cup\/nj-transit-rail-ticket-cost-for-world-cup-games-lowered-again-while-ny-slashes-bus-price\/6501314\/\">$98<\/a> for round-trip fares to get to the Meadowlands, when the trip typically costs $12.90 (it had been as high as $150).<\/p>\n<p class=\"p2\">On top of that, the Trump administration\u2019s visa restrictions and travel bans affecting more than three dozen countries have made visiting the United States challenging. Delays to obtain a temporary, non-immigrant visa for citizens of some countries, such as Colombia, Ecuador and Peru, can take as long as one year. And those applying for a visa waiver through the Electronic System for Travel Authorization (ESTA) have encountered new queries regarding their emails and social media handles that can <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.bbc.com\/travel\/article\/20251217-how-a-single-meme-can-jeopardise-your-trip\">reject<\/a> an applicant if Customs officials uncover what they deem dangerous or offensive material.\u00a0<\/p>\n<p class=\"p2\">Then there\u2019s the president\u2019s immigration enforcement policies that have captured tourists in <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.theguardian.com\/us-news\/2026\/feb\/21\/karen-newton-valid-visa-detained-ice\">weeks-long detentions<\/a>. Taken together, these actions have convinced some foreign fans to cheer from their homelands.<\/p>\n<p class=\"p2\">\u201cAnti-American sentiment due to Trump administration messaging and fears of being stopped at the port of entry has deterred some travelers,\u201d Dandapani said. \u201cUnhelpfully, a group led by former FIFA President Sepp Blatter has actively urged citizens of other countries to <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.usatoday.com\/story\/sports\/soccer\/worldcup\/2026\/01\/26\/former-fifa-president-sepp-blatter-fans-usa-world-cup\/88361864007\/\">not travel<\/a> to the U.S. for the tournament.\u201d\u00a0<\/p>\n<p class=\"p2\">There are other factors, too. Corporations that would have booked events in New York likely avoided the city during the tournament so they wouldn\u2019t have to compete with soccer fans. It did not help that FIFA reserved rooms for days around its games, then released them when demand did not appear.<\/p>\n<p class=\"p2\">\u201cFIFA blocked rooms for nights when there were no games and then said 120 days out, \u2018Oh, we don\u2019t need those room blocks,\u2019 so hotels had a hole to fill,\u201d said Jan Freitag, national director for hospitality analytics for CoStar. \u201cHotels call this \u2018wash.\u2019 The expected room block would usually wash at 50 percent or so, but the fact is that it washed far more than that.\u201d<\/p>\n<p class=\"p2\">As a result, hotels have been scrambling to fill their vacancies with domestic vacationers and corporate groups looking for deals. Some hotels are dropping their prices or eliminating minimum stays, which would have required guests to book at least two or three nights around a match. FIFA even released more tickets through its <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.fifa.com\/en\/tournaments\/mens\/worldcup\/canadamexicousa2026\/articles\/last-minute-sales-phase-new-ticket-drop-22-april\">website<\/a> in April to entice last-minute shoppers, while prices on resale sites fell <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.ticketdata.com\/performer\/world-cup-soccer\">25 percent<\/a> over the past 30 days.\u00a0<\/p>\n<p class=\"p2\">\u201cObviously, everyone would rather lock in occupancy and push their pricing, but everyone is realistic that the booking window is going to end up being shorter,\u201d said <a href=\"https:\/\/commercialobserver.com\/2025\/10\/access-industries-jonah-sonnenborn-commercial-real-estate\/\" rel=\"nofollow noopener\" target=\"_blank\">Jonah Sonnenborn<\/a>, head of real estate at owner <a href=\"https:\/\/commercialobserver.com\/company\/access-industries\/\" title=\"Access Industries\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Access Industries<\/a>. \u201cIn New York, where there are so many options,people feel there\u2019s a lot of flexibility and availability, and they can wait.\u201d<\/p>\n<p class=\"p2\">That doesn\u2019t mean every hotel is struggling. Faena New York, a luxury hotel in Chelsea in Access Industries\u2019 portfolio, is planning several World Cup-themed events with soccer-related groups along the High Line. And the <a href=\"https:\/\/commercialobserver.com\/company\/lightstone-group\/\" title=\"Lightstone Group\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Lightstone Group<\/a>, which developed six Moxy hotels in the city, has seen its occupancy rates outpace last year\u2019s levels.<\/p>\n<p class=\"p2\">\u201cAcross our portfolio, we have been carefully monitoring demand for the World Cup over the last year to best position ourselves for success,\u201d Mitchell Hochberg, president of Lightstone, said. \u201cWhen we saw the market wasn\u2019t reacting as everyone had anticipated, we strategically layered in group and corporate business while capitalizing on higher rates for transient World Cup visitors.\u201d<\/p>\n<p class=\"p2\">New York is also doing its part to entice ultras and fanatics from around the world to stay in the city and make it easier for them to get around.\u00a0<\/p>\n<p class=\"p2\">Mayor Mamdani announced plans to host <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/gothamist.com\/news\/nyc-to-host-free-world-cup-watch-parties-in-every-borough-mamdani-says\">live watch parties<\/a> in each borough at places like Rockefeller Center and Brooklyn Bridge Park, a new <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/nyc.streetsblog.org\/2026\/05\/13\/mamdani-laguardia-queens-bus-lane\">center-running bus lane<\/a> from LaGuardia Airport to the subway, and a <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.timeout.com\/newyork\/news\/exclusive-mayor-mamdani-is-kicking-off-a-scavenger-hunt-like-nyc-neighborhood-passport-for-the-world-cup-051326\">neighborhood passport<\/a> to track all the game-day experiences in the outer boroughs. New York Gov. Kathy Hochul also unveiled a new <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/abc7ny.com\/post\/new-york-reduces-world-cup-shuttle-bus-prices-round-trip-ahead-sales-beginning-wednesday\/19092447\/\">shuttle bus service<\/a>, reducing the price of a round-trip bus trip to MetLife Stadium from $80 to $20.\u00a0<\/p>\n<p class=\"p2\">As prices for tickets and travel continue to drop, the draw of seeing the world\u2019s most popular sporting event in perhaps the world\u2019s greatest city may be too good to pass up.<\/p>\n<p class=\"p2\">\u201cPeople will want to be a part of this,\u201d Sonnenborn said. \u201cAs the action gets closer, the fervor will build, and people will go buy tickets and realize they have to stay somewhere overnight. And then the escalation will happen.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"On May 11, New York Mayor Zohran Mamdani dribbled a soccer ball through a sea of excited children&hellip;\n","protected":false},"author":2,"featured_media":235655,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[5805,92242,26403,92243,426,92244,9,24,55,54,56,26410,82],"class_list":["post-235654","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york-city","tag-2026-world-cup","tag-faena-new-york","tag-jan-freitag","tag-jonah-sonnenborn","tag-kathy-hochul","tag-mitchell-hochberg","tag-new-york","tag-new-york-city","tag-new-york-city-headlines","tag-new-york-city-news","tag-ny","tag-vijay-dandapani","tag-zohran-mamdani"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/235654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=235654"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/235654\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/235655"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=235654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=235654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=235654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}