New York City’s hotel industry is seeing lower-than-expected revenue from the 2026 World Cup, with matches on track to generate roughly half of the projected income. According to Crain’s New York Business, hotel occupancy rates between June 15 and June 20 were actually lower than the same period in 2025, defying expectations of a tourism boom driven by the tournament.

The shortfall is significant for a city that invested heavily in World Cup-related infrastructure and marketing. As reported by Crain’s New York Business, the revenue gap suggests that visitor patterns did not align with pre-tournament forecasts, which had anticipated a surge in international and domestic tourists.

Several factors may have contributed to the shortfall, including the geographic distribution of World Cup matches across multiple North American cities, which diluted the concentration of visitors in any single host city. Additionally, pricing strategies adopted by hotels may have deterred budget-conscious travelers.

According to CNBC via MSN, Goldman Sachs estimates that the World Cup could boost the June jobs report by approximately 40,000 positions nationally. However, the distribution of employment gains across host cities remains uncertain, and New York’s share may be smaller than initially projected.

The hotel revenue shortfall has implications for NYC’s broader hospitality sector, including restaurants, retail, and transportation services that depend on visitor spending. The city’s tourism agency had projected record visitor numbers for 2026, but the World Cup revenue gap may require revised forecasts.

Despite the shortfall, some industry observers note that the tournament’s full economic impact may not be visible in the initial weeks, as some visitors may delay travel to later stages of the competition or extend stays beyond the group rounds.