0829 GMT - Singapore's travel and hospitality stocks are set to gain from the FIFA World Cup, as past major sporting events have consistently pushed up cross-border flights, hotel bookings and spending, OCBC Group Research's Andy Wong says in a note. Tourism Economics is projecting that 1.24 million international tourists will travel to the U.S. host cities, the analyst notes. Singapore Airlines should gain from the sporting event, after recently announcing a partnership with Southwest Airlines to connect travelers between the city-state and nearly 120 airports in the U.S. airline's network. CapitaLand Ascott Trust is also another beneficiary, Wong says. The trust has said its U.S. hotels' 2Q outlook remains healthy, driven by events including the World Cup. (amanda.lee@wsj.com)

(END) Dow Jones Newswires

June 11, 2026 04:29 ET (08:29 GMT)

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