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

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On Tuesday, announced it woulde be moving its world headquarters from Dayton to theAtlanta area. For hotels and restaurants located near the Fortune 500 it means a definite decreasein business. What is yet to be seen is how much of adecrease NCR’s (NYSE: NCR) departure will cause. Pat McGaha is the area directoer of sales for in theDayton Market. He represents the Courtyarf by Marriott, the Dayton Marriottt — which is located about one milefrom NCR’sz headquarters building — and other hotels in the region. He said at this he is still trying to determinehow NCR’s departure will impact these hotels.
“They did a significantr amount of business with the Dayton Marriott and other McGaha said. He said NCR accounted for about 4 percenf of theDayton Marriott’s a number that has been on the decline for the past In its heyday, when the Dayton Marriott was built in the 1980s, NCR accounted for as much as 40 percent of the hotel’z business. Since 1998, NCR has reduced the amounf of business it does withthe area’s largesyt hotel by 30 percent, McGaha said. He said after NCR’s split with Miamisburg-based , it became harder to determine how much business was related to NCR and how much was connecter toTeradata (NYSE: TDC).
NCR was no longer a top-five clienrt for the Dayton Marriott, but it was a top-volumw client for other hotels in the he said. McGaha said prior to 2000, NCR accountedx for about 30,000 room nights a year in the Dayton area. Now, that number is in the 15,000 room nighyt range. Ron Monte, general manageer of the , said NCR leaving is going to be a blow to the butit won’t be The Holiday Inn Dayton Mall landed extra NCR businesz in February of this but Monte declined to give specifics of the He said NCR was doing some trainin g at the 195-room hotel, but that it was a finite piec e of business and something the hotell had not come to count on.
He said the departur of NCR may result in about a 5 percent decrease in business forthe hotel. Restaurants are goinf to feel the departure as Josef Reif, owner of in Kettering, said his restauranf used to have NCR executives entertainingf customers. He said it is hard to tell how much of a decreasse in business he will see from NCR but that it would be felt by restaurantsd and grocery stores inthe area. “All the restaurantas along Far Hills and in the neighborhood have had some of their employees dininggwith us,” Reif said.
“Hopefully they