Who is 'we' and what industry is 'we', that makes a huge difference in the conversation.
But the money is lost only in principle, the money will be spent once things open up because a lot of people are sitting on liquidity right now. Anyone that is working or even collecting unemployment. The latter of which covers many of those service industry workers.
Vegas obviously is a different ball of wax because of the gaming industry though so I will give credit on that one.