Meanwhile, San Franciscans whistles past the graveyard and pretends it is not in a doom loop.
In 1906, San Francisco was rocked by a massive shift along the San Andreas Fault, which bisects the San Francisco Peninsula just to the west of the city.
The sharp drop-off in visitors since before the pandemic is squeezing the city’s hospitality sector. Weekend hotel occupancy in June, a rough proxy for leisure travel, is down around 22% since 2019 in the San Francisco-San Mateo region, versus 4% nationwide, according to data firm CoStar Group. …Visitor numbers have also been hit by the decision of tech companies like Google and Meta to move out of the Moscone Center, its main convention center.
Under the program, city and business leaders provide free rent for up to six months, as well as other funding for business expenses and incentives like technical and business permit assistance, to entrepreneurs who want to set up shop in empty spaces, many of which are on the ground floor of office buildings.
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