The government shutdown couldn't have come at a worse time for D.C. Its $11 billion tourism industry is bracing for impact | Fortune
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The government shutdown couldn't have come at a worse time for D.C. Its $11 billion tourism industry is bracing for impact | Fortune
"The government shutdown has officially entered its second week, but the worst effects may still be ahead for Washington, D.C.'s tourism industry. Some government-funded museums and facilities such as the National Gallery of Art have already closed, and those that haven't, such as the Smithsonian's National Zoo and the National Air and Space Museum are operating with reserve funds until Oct. 11."
"Starting Oct. 12, the real pain begins for a city that welcomed a record 27.2 million people and brought in a cumulative $11.4 billion last year, said Elliott L. Ferguson, II, the president and CEO of Destination DC, the city's private nonprofit destination marketing organization. With the Smithsonian museums closed, those with previously scheduled trips may cancel, which will take a bite out of the city's tax base, but also hit the restaurants, tour operators, and the more than 100,000 workers who rely on the industry, he added."
The government shutdown entered its second week with some government-funded museums and facilities, including the National Gallery of Art, closed and others, such as the Smithsonian's National Zoo and National Air and Space Museum, operating on reserve funds until Oct. 11. Beginning Oct. 12, additional closures could deepen losses for a city that received 27.2 million visitors and generated $11.4 billion last year. Scheduled trips may be canceled, reducing tax receipts and harming restaurants, tour operators, and more than 100,000 workers who depend on tourism. An extended shutdown during peak fall months would worsen impacts on meetings, business travel, and leisure visits. The city's destination marketing organization is promoting available attractions while noting closures.
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