TITLE

Authority OKs $231 million budget

AUTHOR(S)
Spillman, Benjamin
PUB. DATE
June 2009
SOURCE
Las Vegas Business Press (10712186);6/1/2009, Vol. 26 Issue 22, pP21
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of the Las Vegas Convention and Visitors Authority in Nevada to reduce its budget for the 2010 fiscal year to $231 million. The U.S. recession is cited as the main reason behind the budget cutbacks, which lowered the price of hotel rooms in Las Vegas more than 25 percent since last budget presentation. It is assumed by the authority under the new budget that room rates will average $80 through the upcoming 12 months.
ACCESSION #
41337857

 

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