Hotels in Augusta, Ga., are struggling without fans at the Masters, which begins Thursday. The missed Masters week will cost hotel owners more money than several months of COVID-related slowdowns.
Masters week — postponed from its usual April date — normally fills up 7,200 hotel rooms and 4,000 rental home listings. At least one hotel, the historic Partridge Inn, is more than 60 days delinquent on its $15 million mortgage.
In a normal year, the golf tournament is estimated to be worth $120 million in economic impact to the city.