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World Cup Didn't Boost Toronto Hotels
Description
Toronto hotels are facing a surprising slump despite the World Cup hype, with June occupancy dipping to 72% in the third week—down from 86% last year. Smaller stadium capacity, early hotel booking cancellations, and business travelers avoiding the chaos are key factors. While May was strong, the anticipated summer surge hasn’t materialized, echoing similar trends in other host cities. Still, hotel leaders see long-term gains from global exposure, betting on a rebound in July and August.
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