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Sagicor Real Estate X Fund Limited has cited industry projections that point to World Cup-related travel growth, which could benefit its hotel portfolio even as bookings across US host cities are running below expectations.
"The US tourism industry is expected to recover for the remainder of 2026, with international travel anticipated to grow," the company said in its quarterly financial report, adding that growth is projected at between 3.7 per cent and 10.2 per cent. That recovery is "contingent on a rebound of in-bound travel and World Cup-related activities", the X Fund report stated.
In its outlook, X Fund also referenced projections from the US Travel Association pointing to a 2.9 per cent increase in hotel demand over 2025, supported by growth in both domestic and international travel.
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