Kansas City short-term rental inventory has spiked heading into the FIFA World Cup, yet hosts are finding that half their units remain unbooked just 40 days out from kickoff.

According to a Fox 4 Kansas City report, AirDNA data shows occupancy for group stage matches has crossed 50 percent, which the firm’s Director of Economics and Forecasting called impressive given the dramatic increase in supply.

This surge in available listings suggests the city is expanding capacity and still filling it, but the flip side is stark – half the market is sitting empty despite “Visit KC: projecting 650,000 visitors will flood the city during the tournament.

Knockout stage demand tells a different story

Bookings for later rounds paint a sharper picture.

Soccer photo
Photo credit: Karsten Winegeart via Unsplash

AirDNA reports a 75 percent jump in bookings for knockout-stage matches, with even non-game days seeing a 23 percent increase in demand within the short-term rental market.

That divergence between group and knockout stage demand could mean hosts who entered the market chasing early-round traffic may be pricing themselves out of bookings.

Related: FIFA World Cup demand is driving a new short-term rental regulatory battle in New Jersey

Hotel bookings and airline trends have lagged behind expectations, raising questions about whether early visitor projections were overly optimistic.

Kansas City Mayor Quinton Lucas acknowledged the concerns but stopped short of calling the messaging a mistake, telling reporters the city needs to pivot and encourage local engagement.

The gap between host expectations and actual bookings matters.

New operators who entered the market specifically for the World Cup may be holding out for premium rates that international visitors aren’t willing to pay, especially with hotel inventory still available.

If occupancy doesn’t climb meaningfully in the next 30 days, operators will face a choice: drop rates or watch units sit vacant during what was supposed to be the year’s biggest event-driven payday.