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San Francisco’s ‘poor street conditions’ a factor in city’s loss of $64M Oracle tech conference: reports
https://www.foxnews.com/tech/san-franciscos-poor-street-conditions-a-factor-in-citys-loss-of-64m-oracle-tech-conference-reports

Oracle, a major Silicon Valley tech company, will move its annual OpenWorld conference to Las Vegas next year due to San Francisco’s expensive hotel rates and the city’s “poor street conditions,” according to reports.
The loss of OpenWorld, which has been held in San Francisco for about 20 years, is raising new concerns about whether the city’s struggles with homelessness, open drug use and street violence may be scaring off tourism and other business, the San Francisco Chronicle reported.
“For the industry, for the city, to have a major conference leave us impacts all of us,” Kevin Carroll, chief executive of the Hotel Council of San Francisco, which represents hotel owners, told the newspaper.


“It’s a huge deal,” added Rick Swig, a hotel consultant at RSBA & Associates.
Oracle decided to pull out even though San Francisco recently invested $551 million in a renovation and expansion of the downtown Moscone Center, the convention facility where OpenWorld had been held for years, the Chronicle reported.


The loss of the conference is expected to cost the city an estimated $64 million in annual economic activity, the San Francisco Travel Association (SFTA) said in an email obtained by CNBC.
OpenWorld brought about 60,000 people to the conference each year, the Chronicle reported.
But many attendees had complained about the city’s hotel rates and “poor street conditions,” the SFTA email said, according to CNBC.
San Francisco is considered the nation’s fourth most expensive market for hotel rooms, behind Nashville, Boston and San Jose, Calif., according to an October survey by Cheaphotels.org. While San Francisco averaged a rate of $214 a night for a double room of at least three-star quality, the same type of room averaged about $69 a night in Las Vegas, the survey said.
Oracle moved its event to Las Vegas on a three-year contract, with the conference to be held at the Caesars Forum, a convention facility scheduled to open in 2020 on The Strip.
San Francisco and other large cities in California have been criticized by President Trump and other Republicans as examples of dysfunction that they argue has been caused by the Golden State’s Democratic-controlled governments at the state and local levels.
On Monday, a transient convicted of a fatal shooting at a homeless camp in Sacramento was sentenced to 118 years in prison.


The loss of the conference is expected to cost the city an estimated $64 million in annual economic activity, the San Francisco Travel Association (SFTA) said in an email obtained by CNBC.
OpenWorld brought about 60,000 people to the conference each year, the Chronicle reported.
But many attendees had complained about the city’s hotel rates and “poor street conditions,” the SFTA email said, according to CNBC.
San Francisco is considered the nation’s fourth most expensive market for hotel rooms, behind Nashville, Boston and San Jose, Calif., according to an October survey by Cheaphotels.org. While San Francisco averaged a rate of $214 a night for a double room of at least three-star quality, the same type of room averaged about $69 a night in Las Vegas, the survey said.
Oracle moved its event to Las Vegas on a three-year contract, with the conference to be held at the Caesars Forum, a convention facility scheduled to open in 2020 on The Strip.
San Francisco and other large cities in California have been criticized by President Trump and other Republicans as examples of dysfunction that they argue has been caused by the Golden State’s Democratic-controlled governments at the state and local levels.
On Monday, a transient convicted of a fatal shooting at a homeless camp in Sacramento was sentenced to 118 years in prison.

Citing the state’s problem with homelessness, former congressional candidate James Veltmeyer recently launched an effort to recall Gov. Gavin Newsom, a former mayor of San Francisco who became governor in January after being elected last November.


GEE, how's that socialism working out? Seems the few who actually EARN a living are getting fed up.
 

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Silicon Valley is not the "streets of San Francisco". Silicon Valley's problem is housing costs and affordability, not so much the particular homeless that plagues San Francisco. But "homelessness" of the employed is a problem for Silicon Valley..
 

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BUT, a LOT of SVs folks live in SF. Google regularly runs employee shuttle buses back and forth. If it starts to get too nasty, I can see cities like Reno (still close enough), Vegas, SLC and others that do not have the ridiculous housing and homeless issues to make plays to attract them
 
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Those cities would need to have the same type and reasonable pay-level jobs to effect a migration out of Marin County. That situation doesn't exist, yet. I think it's coming tho" ........
 

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It is going to take the Business's on California, Sacramento, Clay, and Pine Street to start moving before anyone is going to panic and then it will be to late.
 

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They don't even have to move everyone; they can keep upper mgt there if they truly feel the need for a SF business address (why with the tax climate, IDK), but they could move all the programmers, accounting, web and marketing folks out of state and save a LOT in taxes alone.........
 

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San Francisco is smack dab in the middle of a housing bubble. The housing market there is one of the most expensive in the nation. At some point in the future, the bubble will burst and the prices of SF real estate will tumble out of control and people will lose millions over night. The same thing happened with Detroit. IMHO, poor street conditions, the homeless problem, drug needles on the streets, people defecating on the street, etc., is the beginning of SF's downfall.
 

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How long have the jelly-spine, cowards of San Francisco been voting insane idiots into their management positions in City Hall? Decades now. They seem to have the endurance to withstand abuse like Job had patience. It'll probably be another 20 years before the idiot residents even blink!
 

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How long have the jelly-spine, cowards of San Francisco been voting insane idiots into their management positions in City Hall? Decades now. They seem to have the endurance to withstand abuse like Job had patience. It'll probably be another 20 years before the idiot residents even blink!
San Francisco was a dump when I lived there in the mid 1960's. Back then they were called hippies, now they are called homeless. Same problem different name.
 

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It seems that, in San Francisco case, the idiots who resides in such city like to vote for other idiots............................. It is difficult to cure a patient when such patient does not wants to be cure..............................
 
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