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by bahro
2377 days ago
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Unlike what the headline suggests, and how I'm sure this will be spun, the main reason for this was cost. San Francisco has some of the most expensive hotel inventory in the country. Perhaps this is related to the very low number of hotel rooms in San Francisco -- 1/3 the number that exist in Atlanta, and 1/2 of the number in Phoenix. San Francisco makes it as hard as possible to add new inventory to this market. |
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San Francisco is throwing up plenty of hotels. For example, almost 200 new rooms are coming with a new 800-foot tower that has just started construction: https://www.sfexaminer.com/news/new-skyscraper-to-rise-in-ci...
There's a concerted media effort by conservative outlets to paint SF in a bad light. We have plenty of problems; plenty of self-made problems. But outsiders literally conspiring to harangue us says more about them than it does us.
Sources:
* 97,500 rooms in metro Atlanta. https://www.ajc.com/business/metro-atlanta-add-more-than-000...
* 34,000 rooms in San Francisco. https://www.sfchronicle.com/business/networth/article/Like-r...
* 8,376 sq mi in Metro Atlanta. https://en.wikipedia.org/wiki/Atlanta_metropolitan_area