FIFA World Cup Tickets: A new Marriott hotel is set to open in Lyndhurst by late 2025, following the recent securing of financing for the 128-room project. The hotel, designed to cater to extended-stay guests as well as business and leisure travelers, is scheduled to debut just in time for the FIFA World Cup 2026.
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Jeffrey Pacailler from Cronheim Hotel Capital, which is financing the development, noted that the hotel’s timing aligns perfectly with the World Cup, held at MetLife Stadium, making it a strategic addition for the Football World Cup 2026. BDG Hotels will establish a new 8-acre property at 1201 Wall St. West, south of the Route 3 interchange and Route 17.
Currently, the site features a three-story office building and a vacant former bank. BDG Hotels is spearheading this new project, which aims to enhance accommodation options for visitors attending the FIFA 2026 matches and other events at the nearby American Dream and Meadowlands Sports Complex.
Football World Cup 2026 Tickets: How Marriott’s New Hotel Enhances Tourism in Lyndhurst
While another Marriott exists at 1 Polito Ave. in Lyndhurst, Pacailler assured that the new hotel’s development will not affect the current establishment. The financing for this new Marriott comes in the form of a $14.6 million loan secured from CHC, an affiliate of Chatham-based Cronheim Mortgage. This financial backing underscores the hotel’s expected contribution to the local hospitality landscape during the World Cup and other major events.
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In today’s economic climate, with inflation and high interest rates impacting commercial construction, new hotel projects are becoming rare. However, strong projects like this one are still attracting investment, according to David Turley, president of CHC. The development is especially timely due to the World Cup’s impact on local tourism and business.
Meanwhile, Marriott International has recently focused more on refurbishing existing properties, like the $15 million overhaul of its Saddle Brook hotel, rather than new constructions. Rising costs and complexities in financing new hotel projects are driving this shift.
FIFA 2026 World Cup Tickets: Marriott in Lyndhurst Set to Capitalize on Global Event
The upcoming Marriott in Lyndhurst is set to benefit greatly from FIFA 2026. It will attract guests and create new opportunities in the lead-up to the Football World Cup 2026. The availability of construction debt remains limited compared to pre-pandemic levels, impacting the pace of new developments, particularly with major events like the FIFA World Cup 2026 approaching.
During a recent earnings call, executives highlighted that while trends are improving, the industry has not yet fully returned to pre-pandemic conditions, particularly in terms of initiating new construction projects. Jim Kirkos, head of the Meadowlands Chamber, noted that FIFA required local hotels to reserve certain blocks of rooms for staff, officials, teams, and other personnel as part of the World Cup bid.
FIFA World Cup 2026 Tickets: Hotel Owners in Meadowlands Brace for Major Event
The Meadowlands Chamber played a crucial role in securing these contracts to meet FIFA’s World Cup 2026 requirements. However, some hotel owners in the region are concerned about the risk of last-minute cancellations, which could result in lost revenue. The Greater Meadowlands region, including Jersey City, Hoboken, and Weehawken, offers nearly 12,000 hotel rooms, a critical resource for the influx of visitors expected during the FIFA 2026 event.
Kirkos mentioned that the region has significantly improved as a destination since the 2014 Super Bowl, with more upscale restaurants and attractions like the American Dream megamall in East Rutherford, which is gearing up for various World Cup-related events. American Dream has already hosted events such as the Copa America semifinals at MetLife Stadium, which serves as a precursor to the Football World Cup 2026.
According to mall spokesperson Gregg Schwartz, these events are a preview of what’s to come for FIFA 2026, as they anticipate welcoming many of the same fans back to the region. Daniel Munoz, a business and economy reporter, covers these developments, providing insights into the preparations and economic impact of the upcoming World Cup in 2026.
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