Maybe Ralph could translate the CPA-speak, but the hotel's move will be part of the larger spiral. Tourists, shoppers and conventions are staying away, due to obvious reasons, and with this reduction of high-end hotel space, even more tourists and conventions will stay away. In turn SF's sales tax revenue is declining, as is and will its revenue from the Moscone Convention Center.
The biggest obstacles to SF stopping their downward spiral are the ideology and pride of its Board of Stuporvisors and failure to muzzle the city's activists.