Coronavirus cancellations cost Wake County $45.3M in tourism and hospitality
Wake County Commissioners met virtually this afternoon to discuss how the county can find a way to make up for lost revenue from its hospitality industry.
Posted — UpdatedMore than 75 public events and festivals have been canceled or rescheduled. With tens of thousands of people no longer staying in town, this had led to a trickle down effect on area hotels, some of them seeing single-digit occupancy.
Wake County commissioners met virtually this afternoon to discuss how the county can find a way to make up for lost revenue.
"Tourism is a $2.7 billion economic impact on Wake County annually," said county commissioner Vickie Adamson.
"We think that growth will come slow but faster than what we’ve seen in prior recessions. Once we get through get through June, we’ll see a 10 percent increase," said assistant county commissioner Denise Foreman.
"People are going to have to start feeling comfortable to travel again. Companies are going to have to feel comfortable to do these conventions," said Adamson.
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