Thursday, August 21, 2008

City's First Hotel Now Open

The Hampton Inn - Columbia--the city's first hotel--opened August 12th. In the trade, this is called the "soft opening" preceding the official ribbon-cutting ceremony, dignitaries and all, on Tuesday, August 26th.

Illinois tourism continues to be a significant tool for economic development statewide. The Travel Industry Association of America reports that state and local tax revenues grew by 5.5 percent last year, generating over $2 billion from travel spending--the highest level ever. The Illinois Bureau of Tourism estimates that Monroe County captured $10.8 million of this revenue in 2007, up 9.9 percent from the previous year.

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