by Sarah J.F. Braley | December 19, 2013
At a special session yesterday, the Colorado Springs (Colo.) City Council voted to fully fund the Colorado Springs Convention and Visitors Bureau, reversing its November decision to cut the monies in half. "Today was a real win for the local tourism industry," said Doug Price, president and CEO for the CVB. "The budget can now be put to bed. We’re so grateful to our tourism industry partners, as well as our city council and mayor for the vote of confidence in our organization." At the end of November, the city council had cut the convention and visitor bureau's funding from $2.7 million to $1.3 million for 2014, pending a council review of the year's planned budget for a second time, which was planned for January. The CVB's money comes from the city's lodgers and automobile rental tax, about 25 percent of which is collected by the luxury 754-room Broadmoor resort.