""The influx of visitors will likely generate billions of dollars in economic activity, benefiting the hospitality, transportation, and retail sectors. Host city hotels anticipate record occupancy, and local businesses will benefit from increased visitor traffic.""
""You're seeing a number of headwinds coming to what many thought was going to be a crowning and incredibly successful event," said Mark Conrad, a professor of law and ethics at Fordham University's business school and director of its sports business concentration."
""Attendance is now at risk, he told Fortune. More than a month after the U.S. attacked Iran, Brent crude prices have held above the psychological threshold of $100 per barrel for just over a week and were sitting at $109 per barrel as of Friday afternoon.""
The 2026 World Cup is expected to be the largest and most profitable in history, with a projected $30.5 billion economic impact in the U.S. However, geopolitical tensions and rising gas prices threaten to reduce international attendance. A study predicted 6.5 million fans would attend, benefiting local economies. Yet, recent events, including U.S. military actions and high oil prices, have created uncertainties that could diminish the anticipated success of the tournament.
Read at Fortune
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