Posted by Jack
“Over the summer, one travel expert acknowledged that San Francisco’s homelessness crisis has intensified to the point of hurting the city’s $9 billion tourism industry on a grand scale.
“We are losing business,” Joe D’Alessandro, head of the San Francisco Travel Association, told Fox News in July. “We have groups who say they can’t come to San Francisco as long as the streets are like this.”
Though the exact impact of the critical homelessness situation on San Fran’s billion-dollar tourism profits remain unclear, things are reportedly not looking good. In June, a major medical association withdrew from hosting its annual convention in San Francisco, claiming its members no longer felt safe there. The cancellation of that one five-day trade show represented a loss of $40 million to the local economy.“