The loss of both will be a huge economic loss to Detroit.Most if not all the hotel and motels in Detroit are booked for both events. Can any of these places afford to loose the revenue that is generated? How many of these places rely on full bookings during these events to keep going for the year? This is also not to mention all the restaurants and lounges that rely on these events. If we must do away with these events due to budget problems then i also suppose the International Auto Show should be cancelled? What a tragedy if all three events are doomed.