"SAN FRANCISCO (KGO) -- As many as 9,500 are in San Francisco for the 44th annual J.P. Morgan Healthcare Conference. It is considered to be the "Super Bowl" of the biotech industry. Industry leaders, investors, and tech creators--they're all packing into ballrooms and hotel rooms. The Westin St. Francis Hotel is once again the headquarters for the conference. Conferencegoers have taken over Union Square and are all over the city."
""Most of the rooms in the entire city and county of SF are totally sold out today, tomorrow and all the way to Thursday," said Alex Bastian, President and CEO of Hotel Council of San Francisco. "We have over 12,000 hotel rooms in Union Square. But again, the 30,000 rooms in their totality are going to be full. IT's great for Fisherman's Wharf; It's great for the Embarcadero, the Yerba Buena, and Union Square.""
Approximately 9,500 people attended the 44th annual J.P. Morgan Healthcare Conference in San Francisco, with an additional 1,000 registrants this year. The Westin St. Francis served as headquarters and attendees filled Union Square and hotels across the city. Hotel occupancy reached 100%, and many room rates surpassed $1,000 per night, with most city hotels fully sold out through Thursday. City and business leaders estimated the event would generate $105 to $110 million for the local economy. Local restaurants, coffee shops, and neighborhoods benefited as attendees spent roughly $250 outside the hotels for every $100 spent on lodging. International participants attended to meet partners and investors.
Read at ABC7 San Francisco
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