San Francisco continues to experience trade setbacks with the coronavirus pandemic.
In the latest hit, the city lost a major convention this week, the one that helped bring $ 11 billion in travel and tourism to the city just two years ago, SFGate.com reported.
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The American College of Rheumatology has canceled its convention scheduled to take place in November. The event was expected to draw 16,000 visitors to the Moscone Center.
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The conference would have had an impact of at least $ 30 million on the city, according to Joe D’Allesandro, president and CEO of the San Francisco Convention & Visitors Bureau.
“They didn’t feel comfortable without having specific state guidance on what the conferences will look like in the fall,” D’Allesandro told SFGate.com. “Sixty-five percent are international delegates and there is a lot of uncertainty about international arrivals in states.”
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The Moscone Center was full for 2020 and 2021, before the pandemic.
The city typically hosts 30 to 50 major citywide conferences per year. There are currently about eight or ten conferences scheduled until the end of the year.
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California Governor Gavin Newsom announced last month that the state would fully reopen its economy on June 15 and ease restrictions further.
But there was good news for San Francisco: State health officials announced the city will be the first Bay Area community to achieve “yellow level,” the least stringent level of restrictions. relating to coronaviruses. The move will trigger a list of new business reopenings, including indoor bars and entertainment venues, SFGate.com reported.