Latest news with #tourismOfficials
Bloomberg
26-05-2025
- Business
- Bloomberg
Is LA Throwing a World Cup Party No One Will Attend?
Not long after Los Angeles was selected as one of 11 American cities to host next summer's FIFA World Cup, tourism officials started predicting the potential economic impact. Among the most optimistic? That the weeks-long tournament could pour almost $600 million into the local economy, mostly from international fans. Pessimism has since taken over.
Bloomberg
06-05-2025
- Business
- Bloomberg
Qatar Bets on Sports to Hit 2030 Tourism Goal Ahead of Schedule
Qatar spent billions of dollars preparing for the 2022 World Cup, betting that the global spotlight would spark a lasting tourism boom. Three years on, that gamble appears to be paying off. International tourist arrivals surged to 5.1 million last year, up 25% from 2023. Nearly 2 million people have visited Qatar so far this year, fueling optimism among tourism officials that the gas-rich nation could surpass its targets ahead of schedule.
