NYC Could Lose $309 Million from Republican Convention

[Quetzal]

NYC Could Lose $309 Million from Republican Convention

"Most people who are leaving aren't going to take extra vacation time, they're just moving vacation time around," she said.
A major unknown is how much the visitors will really spend in the city, because many are getting freebies and discounts on hotel rooms and attractions, and the tight security may deter them from venturing too far, she said.

Judging from the lack of reservations received at the Tribeca Grill, Nobu and Montrachet, some of the city's best-known restaurants, they do not appear to be lining up to spend in lower Manhattan.

Nobu, which usually is fully booked a month in advance, still has dinner seating available and lunch is wide open, said Tracy Nieporent of the Myriad Restaurant Group, owner of the restaurants.

more...

http://www.reuters.com/newsArticle.jhtml;jsessionid=3EUZ2NX2UUUAUCRBAEZSFEY?type=domesticNews&storyID=6059805&pageNumber=1

[KalicoKitty]

1. Link did not work....

Try this:


http://www.reuters.com/newsArticle.jhtml?type=domesticNews&storyID=6059805

[struggle4progress]

2. The mayor is hoping protestors will spend enough money ...

... to blunt the economic impact some.