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That's why it's best to book now when the demand is low. The system hotels use that gathers info on room rates, demand and occupancy doesn't know that there's an event then. You can always cancel at...

For this event specifically if you didn't read the article it says more details will be announced at a later date.

... and more expenses

http://www.4m.net/showthread.php?406892-2022-World-Finals