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

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On Tuesday, announced it would be movin g its world headquarters from Dayton to the Atlanta area. For hotels and restaurants located near the Fortun500 company, it meansa a definite decrease in business. What is yet to be seen is how much of adecreasew NCR’s (NYSE: NCR) departure will cause. Pat McGahq is the area director of sales for in theDaytob Market. He represents the Courtyard by Marriott, the Daytoj Marriott — which is locatef about one milefrom NCR’s headquarters building — and other hotels in the He said at this point, he is stilpl trying to determine how NCR’s departure will impact these hotels.
“They did a significantf amount of business with the Daytomn Marriott andother hotels,” McGaha said. He said NCR accounted for about 4 percent of theDaytohn Marriott’s business, a number that has been on the declinwe for the past decade. In its heyday, when the Dayton Marriotg was built in the NCR accounted for as much as 40 perceny ofthe hotel’s business. Since 1998, NCR has reduced the amountr of business it does withthe area’s larges hotel by 30 percent, McGaha He said after NCR’s split with Miamisburg-based , it becamew harder to determine how much business was related to NCR and how much was connecteds to Teradata (NYSE: TDC).
NCR was no longefr a top-five client for the Dayton Marriott, but it was a top-volums client for other hotels in the he said. McGaha said prior to NCR accounted forabout 30,000 room nights a year in the Dayton Now, that number is in the 15,000 room nighft range. Ron Monte, general manager of the , said NCR leavint is going to be a blow to the butit won’t be devastating. The Holida Inn Dayton Mall landed extra NCR businessd in February ofthis year, but Monte declinecd to give specifics of the deal. He said NCR was doingy some training atthe 195-roomj hotel, but that it was a finits piece of business and something the hotel had not come to coun on.
He said the departure of NCR may resulr in about a 5 percenf decrease in business for the Restaurants are going to feel the departure as Josef Reif, owner of in Kettering, said his restaurant used to have NCR executives entertaininh customers. He said it is hard to tell how much of a decreases in business he will see fromNCR leaving, but that it woulc be felt by restaurants and grocery store in the area. “All the restaurants along Far Hills and in the neighborhooed have had some of their employee diningwith us,” Reif said.
“Hopefully they