The FIFA World Cup provided a tourism boost to host cities, but its positive impact was mitigated by economic weakness seen elsewhere, according to a Federal Reserve report:
Bars in Boston reported higher beer sales connected to the tournament, the Fed's Beige Book said:
In cities hosting World Cup matches, tourist volumes came in high. Yet in other markets, locals pulled back spending on restaurants, hotels, and entertainment:
The Boston Fed reported that hotel bookings related to the World Cup were initially softer than expected. However, these hotels saw stay levels rise to meet forecasts after they lowered prices for rooms:
Some Boston bars reported higher beer sales connected to the tournament, with some reportedly running out of beer when Scottish fans descended on the city:
Some restaurants and bars in New York City said sales were
