A famous ground hog this month predicted an early spring this year, but the prospects for a recovery in San Francisco's hollowed out downtown are going to take a bit longer.

The city's struggling hotel industry has received more bad news from the Moscone Center, San Francisco's downtown convention center, as four more conferences canceled plans to host events this year at the facility.

San Francisco-based telecomm company Twilio canceled a contract to host its annual customer and developer conference, Signal, which was scheduled to take place at Moscone in May. The cancellation wiped out reservations for 5,500 hotel room nights in the city.

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