Visit York County projects $8.2 million economic loss from cancellation of sporting events
Data from US Travel says that the travel industry stands to lose 910 billion dollars due to the spread of the coronavirus. That is more lost money than any other industry and York County is beginning to feel that loss on a smaller level.
Visit York County is estimating a 8.2 million dollars economic loss from 19 different sporting events that have been postponed or canceled from march 15th through the end of May.
That includes 2.3 million dollars for the last two weeks of March, 4.2 million for April and 1.7 million for May.
Data from the Smith Travel report shows York County’s hotel occupancy is down 53 percent from this time last year with revenue also down 55 percent.
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