Articles

CIB reports quarterly revenue increase

The Capital Improvement Board saw revenue of $22.5 million in the first three months of the year, a jump of 28 percent compared with the same three months in 2010. More taxes generated by hotel stays and restaurant visits helped drive the increase.

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ICVA executives sharing leadership duties

Three hospitality industry executives are holding down the fort as the ICVA board searches for a new leader to replace outgoing CEO Don Welsh. Directors are on no timetable to name a replacement.

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British tour firms’ visit may lead to transatlantic direct flights

An initiative to bring 10 of the biggest travel tour operators in the United Kingdom to this year’s Indianapolis 500 could
be a first step in bolstering business at the Indianapolis Motor Speedway, area golf courses and Indianapolis International
Airport, where city boosters hope to establish direct flights to London.

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