SALT LAKE CONVENTION CENTER HOTEL Utah Taxpayers Association “Utah Taxes Now” Conference May 2013. Existing Downtown Hotel Market. 11 full-service hotels (4,800 rooms) Existing hotels entered the market with little or no government help
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SALT LAKE CONVENTION CENTER HOTEL
Utah Taxpayers Association
“Utah Taxes Now” Conference
Strategic Advisory Group (SAG) estimates about $100 million (NPV) subsidy is needed to bring a 1,000 room convention hotel to downtown Salt Lake
Source: SAG, Convention Headquarter Hotel Financial Model Assessment, December 2012, pg.17