Nevada Business in Tourism

Las Vegas Convention and Visitors Authority approves reduced budget
Las Vegas' tourism boosters on Thursday approved a $231 million budget for the 2010 fiscal year, one that's 17.3 percent lower than the budget presented this time last year. The cutbacks by the Las Vegas Convention and Visitors Authority are the result of a national recession that's lowered the price of hotel rooms here more than 25 percent since the last budget presentation. Nearly 80 percent of the authority budget comes from room taxes in Southern Nevada.
[ source ] http://www.lvrj.com : May 22, 2009 |  Comments: (0)

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