"The annual festival increased its economic impact to the City of Austin to $355.9 million in 2019, according to an analysis by Greyhill Advisors and South by Southwest." [1]
[1] https://www.kxan.com/news/coronavirus/austin-business-owners...
It's the waiters, hotel workers, cab drivers etc. who are really going to be squeezed. It's going to be rough for them.
> Regarding the current Coronavirus (COVID-19) outbreak: SXSW is working closely on a daily basis with local, state, and federal agencies to plan for a safe event. As a result of this dialogue and the recommendations of Austin Public Health, we are proceeding with the 2020 event with the health and safety of our attendees, staff, and volunteers as our top priority.
COVID-19 can render a victim contagious within 12-24 hours after contact. That person can be asymptomatic for 5-7 days, even longer.
Attendees either start to get sick near the end, or on the trip back home. Or bring it to home and their workplace.
There are no vaccines, no one has any immunity. It is NOT the flu.
I’d bet it will be cancelled, when the promoters realize how many people have bailed already and the massive public health risk it poses.
In Italy they are playing soccer games to empty stadiums.