San Fran Loses $64 Mil After Convention Moves Due to "Street Conditions"

[rangerrebew]

San Fran Loses $64 Mil After Convention Moves Due to "Street Conditions"
Wed Dec 11, 2019 Daniel Greenfield
 

I'm not up on corporate speak, but is "poor street conditions" a euphemism for wallowing in human waste while being assaulted by crazy people?

    Oracle’s OpenWorld conference, one of the biggest annual technology events in San Francisco, is moving to Las Vegas in 2020 and will remain in Sin City for at least three years.

    According to an email that the San Francisco Travel Association (SFTA) sent to its members on Monday, Oracle has signed a three-year agreement to bring its flagship event to the Caesars Forum in Las Vegas.

https://www.frontpagemag.com/point/2019/12/san-fran-loses-64-mil-after-convention-moves-due-daniel-greenfield/

[PeteS in CA]

Oracle Is Moving Its Massive Conference Out of San Francisco. Are Dirty Streets to Blame?

Oracle has a huge commitment to the Bay Area. The software giant is based in Redwood Shores, a short drive south from San Francisco. It remains one of the largest employers in Northern California. And until recently, the Golden State Warriors were playing in Oracle Arena in Oakland. Just as the naming rights to that arena expired—and the Warriors moved across the Bay to San Francisco—Oracle bought the naming rights to the San Francisco Giants’ stadium.

For more than 20 years, Oracle (ticker: ORCL) has held its annual OpenWorld trade show in San Francisco, as well. The 2019 edition of the event, held in the Moscone Convention Center, drew 60,000 people to the already traffic clogged city, driving hotel prices to dizzying heights. But no more.

Oracle today confirmed that starting next year it’s moving OpenWorld to Caesars Forum, a new 550,000 square foot conference center in Las Vegas due to open next year. CNBC reports that the San Francisco Travel Association told members via email today that the decision reflects feedback from attendee complaints about high hotel rates and “poor street conditions.”

Some general background. Oracle is a giant in the database world. While the Moscone Center is some 40 years old, it is quite large, there are plenty of hotels and restaurants nearby, and the Powell Street BART station is 2-4 blocks away from the several Moscone Center facilities (the check-in for the 2013 Rock 'n' Roll SF Half Marathon was at the Moscone Center, so I can say from experience that it's a short walk). BART goes through SFO to SF now, and the Coliseum BART station is less than 2 miles (bus, Uber, Lyft) from Oakland Int'l Airport. This is a huge hit on SF's prestige.