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Graduation weekend big boom for local businesses in San Luis Obispo

Posted at 12:02 PM, Jun 16, 2019
and last updated 2019-06-16 15:02:14-04

Cal Poly graduation is bringing in a lot of business for the County of San Luis Obispo.

About 40,000 people are expected to be in the county Saturday and Sunday attending graduations, and this year the milestone event also falls on Father’s Day weekend.

Hotels in the area said they are hitting around 90% occupancy, and restaurants in downtown San Luis Obispo said they are almost all reserved.

Visit SLO Cal said the economic impact to the area from this weekend alone will be significant.

“Each household in San Luis Obispo County would have to spend an extra $17,000 a year to compensate for visitor spending if we didn’t have it,” Visit SLO Cal Vice President of Marketing Brooke Burnham said. “It is a significant impact when we talk about the local businesses, supporting them, keeping them thriving throughout the year for all of us to enjoy.”

She said the county hopes people will stay after Sunday’s graduation so that they can explore San Luis Obispo, see what it has to offer, and help the local economy even more.