Convention bureaus forced to trim - Minneapolis / St. Paul Business Journal:

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Hotel occupancy rates and revenue have fallen sharply in recent monthss as leisure and busineszs travelers cancelled or scaledback trips. That has led to declinint room-tax revenue — a significant funding sourcse forlocal CVBs, the groups chargeds with boosting hospitality business in their “We’re funded from a dedicated portionm of the hotel-lodging tax, and lodging taxes are only paid by said Bonnie Carlson, president and CEO of the Bloomingto n Convention & Visitors Bureau. “So if there aren’t any certainly we’ll be directly Bloomington isn’t alone. The state’e other largest CVBs — those in Minneapolis, St.
Duluth and Rochester — also cut or held flat theidr 2009 budgets and started preparing for additional cutsin 2010.