The slow economy has created a slow down of tourism in major cities such as San Francisco. Many tourists have been cutting back on traveling and spending throughout the summer months which means fewer tax dollars for the city as well as less money spent at hotels, restaurants, retail stores and other businesses. Luckily for the city by the bay, warm autumn months combined with an assortment of major events is sure to pack in an extra couple weeks of summer tourism boosting the year's overall economic dollars.
Several large events slated for October which always draw huge crowds are: Fleet Week, which can lure more than 1 million spectators, the Hardly Strictly Bluegrass Festival, a free music festival held in Golden Gate Park which attracts more than 700,000 people, the Treasure Island Music Festival, a two day music event held on Treasure Island and the North Beach Columbus Day parade and celebration. Along with the above listed events the city also hosts some of its largest conventions of the year including an Oracle event that draws over 45,000 attendees.
These events and many others planned for October are sure to bring business to cabbies, hotels, restaurants, retail stores and other businesses which have been hit hard by the current economic crisis. City leaders are convinced that the hot October weather combined with the month's list of exciting events will bring much needed revenue to San Francisco's local businesses.