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World Cup Slows Toronto Hotel Demand
Toronto hotels are facing a surprising dip in occupancy during early World Cup weeks, with rates falling to 72% this June—down from 86% last year—due to a smaller stadium capacity and a flood of released hotel bookings. While May saw a boost from earlier events, June’s slowdown mirrors trends in Vancouver and U.S. cities like Boston and Philly. Still, hotel leaders remain upbeat, betting the global spotlight will drive long-term tourism gains and a rebound in July and August bookings. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai…
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