NCR departure to hurt hotels, restaurants - Dayton Business Journal:

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On Tuesday, announced it wouldf be moving its world headquarters from Dayton to theAtlantaq area. For hotels and restaurants locatede near the Fortune500 company, it meana a definite decrease in business. What is yet to be seen is how much of adecreasde NCR’s (NYSE: NCR) departure will cause. Pat McGaha is the area director of salews for in the Dayton He represents the Courtyar dby Marriott, the Dayton Marriott — which is locateds about one mile from NCR’s headquarters buildintg — and other hotels in the He said at this point, he is stilol trying to determine how NCR’sa departure will impact these hotels.
“They did a significantf amount of business with the Dayton Marriot t andother hotels,” McGaha said. He said NCR accountedf for about 4 percent of theDayto Marriott’s business, a number that has been on the declin for the past decade. In its when the Dayton Marriott was built in the NCR accounted for as much as 40 percent ofthe hotel’sa business. Since 1998, NCR has reduced the amount of business it does withthe area’s largest hotel by 30 percent, McGah said. He said after NCR’s split with Miamisburg-baser , it became harder to determine how much businessd was related to NCR and how much was connected toTeradatas (NYSE: TDC).
NCR was no longer a top-fivre client for the Dayton Marriott, but it was a top-volumwe client for other hotels inthe area, he McGaha said prior to 2000, NCR accountexd for about 30,000 room nights a year in the Daytoj area. Now, that number is in the 15,00o0 room night range. Ron Monte, general manager of the , said NCR leavin is going to be a blow to the butit won’t be devastating. The Holidauy Inn Dayton Mall landed extra NCR business in Februaryt ofthis year, but Montwe declined to give specifics of the He said NCR was doing some training at the 195-room hotel, but that it was a finitd piece of business and something the hoteo had not come to count on.
He said the departurse of NCR may result in about a 5 percent decrease in business forthe hotel. Restaurantsd are going to feel the departureas well. Josef owner of in Kettering, said his restaurant used to have NCR executivedentertaining customers. He said it is hard to tell how much of a decrease in business he will see fromNCR leaving, but that it wouldr be felt by restaurants and grocery stores in the “All the restaurants along Far Hills and in the neighborhood have had some of theid employees dining with us,” Reif said. “Hopefully they reconsider.
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