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Foreign fans boycott 2026 World Cup, hurting US hotel bookings and economic gains

Market News
04 May 2026
New York Post
View Source
Bearish
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Foreign soccer fans are largely boycotting the 2026 World Cup, causing hotel bookings in US host cities to fall far below expectations despite over 5 million tickets sold. Visa delays, high airfares, a strong dollar, and geopolitical tensions have deterred international travelers, who typically spend much more than domestic tourists. This shortfall threatens the anticipated $30 billion economic boost and 200,000 jobs predicted by earlier analyses. Hotels in most cities are seeing significant booking drops, with only Atlanta and Miami holding steady, prompting calls for faster visa processing and tax relief to salvage the event's economic potential.

More News

BitMart crypto exchange shuts down after years of decline and a major 2021 hack.

BitMart crypto exchange shuts down after years of decline and a major 2021 hack.

BitMart, once a top 10 crypto exchange, announced it is winding down operations due to years of declining market share and liquidity, worsened by a 2021 hack that damaged user confidence. The platform stopped new registrations, deposits, and trading ...

Market News
Bearish
4 hours ago
Top credit cards offer up to 21 months 0% intro APR on purchases and balance transfers in 2026

Top credit cards offer up to 21 months 0% intro APR on purchases and balance transfers in 2026

Several credit cards in 2026 provide up to 21 months of 0% introductory APR on purchases and balance transfers, helping consumers avoid high interest and pay down debt interest-free. Notable cards include Wells Fargo Reflect® and Chase Slate®, both o...

Others
Bullish
4 hours ago
CIT Bank offers a limited-time 4.10% APY boost on Platinum Savings for balances over $5,000.

CIT Bank offers a limited-time 4.10% APY boost on Platinum Savings for balances over $5,000.

CIT Bank is currently offering a limited-time promotion that boosts the Annual Percentage Yield (APY) on its Platinum Savings account to 4.10% for six months on balances of $5,000 or more. After the promotion ends, the APY reverts to the standard 3.7...

Others
Neutral
4 hours ago
SpaceX stock may offer better buying opportunities after earnings report and potential price dips in late 2026.

SpaceX stock may offer better buying opportunities after earnings report and potential price dips in late 2026.

SpaceX shares have dropped over 30% since their June 2026 IPO, with investors advised to consider buying between August and October 2026 for a better entry point. The company's first public earnings report on August 4 could trigger further price vola...

Analyst Insights
Neutral
4 hours ago
Davis Select U.S. Equity ETF expected to underperform IVV through 2026 despite recent modest gains.

Davis Select U.S. Equity ETF expected to underperform IVV through 2026 despite recent modest gains.

The Davis Select U.S. Equity ETF (DUSA) has modestly outperformed the IVV ETF year-to-date, despite its portfolio focusing on low-beta, high earnings yield stocks. However, analyst Vasily Zyryanov maintains a neutral stance and expects DUSA to underp...

Analyst Insights
Bearish
4 hours ago
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