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"What's the summits effect? Prime Minister Abe visits the venue"

What's the summits effect? Prime Minister Abe visits the venuetitle

The G-8 Summit will be held on the banks of Lake Toya. Many visitors come to the hotel to experience the atmosphere of the world leaders’ summit.

Prime Minister Abe "The formal name for the next year's G-8 Summit is the Hokkaido-Toyako Summit." Prime Minister Abe visited the summit venue, Lake Toya, over the weekend. The main summit will be held at the Windsor Hotel which sits on the peak of 600-meter hill. The view overlooking Lake Toya and the bay of eruption should have satisfied the Prime Minister, but...

Prime Minister Abe "I cannot see anything. What a pity."
Governor Takahashi "I wish I could explain the view to you."

Unfortunately, the weather was not good on that day, but every day many people come to the hotel to feel the atmosphere of the world leaders' summit. In particular, day-time visitors nearly doubled this year.

Visitor 1 "I will go home with a good memorable experience."
Visitor 2 "I came here to see what kind of place would host the summit."
Mr. Nagasaki, Chief of Toyako town "I feel more people are coming and going."

"The Hokkaido-Toyako Summit" will be held for 3 days from July 7th next year. Business circles expect the so-called "summit effects" to be 37.9 billion yen. The hotel hosting the main summit has already seen signs of that effect. For your reference, room- rate is from 34,000 yen. The most expensive room costs 1.3 million yen per night.