The name Virgil's Corner was chosen because the land belonged to Virgil Earp in the 1880s and his house stood there until it burned down in 1998.

"I didn't want to see it left a vacant lot," owner Diane More said. "I wanted to preserve the history of Virgil."

More is not concerned about opening a bed and breakfast during a recession.

She has been a member of Tombstone's Chamber of Commerce for three years and said while the number of people visiting Tombstone has decreased, it has not decreased dramatically. The biggest change is that most of the visitors are from Arizona because they don't have the money to travel outside of the country or out of state.

But other business owners in Tombstone say the number of tourists has declined enough to take a toll on their business.

"All the businesses are down in this town," said Carol Paul, owner of Crazy Annie's Bordello B&B.

Jim Ellsberry, owner of Vogan's Alley Bar on Allen Street, also said he has seen a tremendous drop in business due to the lack of tourists visiting Tombstone.

"This is a tourist town," he said. "The locals don't keep us alive."

Ellsberry said he has not seen an increase in business, and his saving grace is that he owns the bar outright. "If I had to make a mortgage payment I wouldn't be here," he said.

Carol Newsom, who has been bartending at Vogan's Alley Bar for 11 years, agrees business, which has been slow since last Christmas, and has not picked up.

"I have never seen it this low," she said.

More said she thinks Virgil's Corner Bed and Breakfast will complement the other businesses in town. The bed and breakfast, which will feature a gift shop stocked mostly with Arizona products, will have four rooms and will cost $150 per night.

"It will promote local businesses and people that are craftsmen here in the United States," More said.

The gift shop will be about the size of Earp's original home and will be paneled with the wood More rescued from the house after it burned down.

More plans to promote her bed and breakfast to mostly Arizonians through the chamber, as well as advertising through the organizations that put together
festivals and events in town.

"I firmly believe we should all work together to promote Tombstone," she said.