Cristiano Ronaldo goes too far with Sadio Mann<\/span><\/p>\n<\/figcaption><\/figure>\n<\/div>\nWhere will CDMX get the resources for the 2026 World Cup renovations?<\/h2>\n
Penily Ram\u00edrez talks about changes to the rules governing the Mexico City Tourism Promotion Fund (Fondo Mixto de Promocion Turistica de la Ciudad de Mexico), which aims to pay for the public works costs of the World Cup.<\/p>\n
It is a trust in Mexico City to pay for World Cup utilities involving BBVA and HSBC banks. “I had access to confidential contracts and payments that demonstrated a financing scheme without transparency or oversight,” Ramirez said on the X show.<\/p>\n
How will the trust built between Mexico City and BBVA work out for the 2026 World Cup?<\/h2>\n
In July 2025, the Mexico City government and BBVA established a P4 million private trust to finance infrastructure work for the 2026 World Cup. This amount must be paid within five years with resources collected from lodging taxes.<\/p>\n
The financial plan suggests that Mexico City could direct resources without adding additional bonds payable over five years, based on the standards of the Ministry of Finance and Public Credit (SHCP), BBVA said at the time.<\/p>\n
It is worth noting that Mexico City Government Secretary Clara Brugada pointed out at the time that “the World Cup works are being financed through the mechanism we have established in the Mixed Fund for the Promotion of Tourism, and these funds will not be used only for advertising, but for permanent infrastructure.”<\/p>\n
What will the hotel tax be for the 2026 World Cup? Hotels in Mexico City will be more expensive than in the US or Canada<\/h2>\n
Accommodation taxes are already reflected in Mexico City, according to a report published by Reportur.mx: “Hotel prices in Mexico City are on the rise. According to December rates from platforms such as Booking and Expedia, they are the highest among all venues in Mexico, the United States and Canada,” reads the text titled World Cup 2026: Mexico City makes hotels more expensive than in the United States and Canada.<\/p>\n<\/div>\n
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