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Hotels In San Francisco Plummeting Over Homeless, Illegal Migrants and Crime
3 months ago
25
News
San Francisco
California
Homeless
Hotels
Illegal migrants
closing
record vacancy
suffer
financial losses
losing money
Hotels in San Francisco are plunging into massive debt as rampant crime, a growing homeless population and a massive influx of illegal migrants continue to plague the city – keeping tourists away.
According to a report from data firm CoStar Group, hotel occupancy rates in June were down 22%, compared to just 4% nationally.
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