Monday's Metro Business Report



Estimated read time: 1-2 minutes

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THIS IS LARRY MANKIN, PRESIDENT OF THE SALT LAKE CHAMBER, WITH YOUR METRO BUSINESS REPORT

According to the Salt Lake Convention and Visitors Bureau, Transient Room Tax revenues for 2003 are projected to be 10 percent higher than 2001. The Tax is a good measure of the number of visitors to Salt Lake. Some of the reasons for this increase are the awareness of Salt Lake brought on by the Olympic Winter Games, highway and other infrastructure improvements, expansion of exhibit space at the Salt Palace Convention Center and SouthTown Exposition Center, and the addition of The Grand America and the Salt Lake City Marriott City Center.

Because of serious decreases in donations and government grant revenues, The Salvation Army is closing its Drug and Alcohol Treatment Program in Salt Lake City. This will allow positive cash flow management and debt reduction. The Salvation Army hopes to reopen the residential treatment facility in the future.

If you have fewer than 25 employees you know the challenge of running a small business. The Chamber’s Small Business Roundtable is a way to get together with other business owners and learn how to meet the challenges small business owners face. The next roundtable is tomorrow, October 15th, at 7:30 a.m. at the Chamber. Howard Van Boerum of Van Boerum & Frank Associates, Inc., will facilitate the meeting. To register for this or future roundtables, please call 328-5071 or see us on the web at saltlakechamber.org.

THIS IS LARRY MANKIN FOR KSL NEWSRADIO 1160.

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