CRVA PROMISES TO IMPROVE

The chairmanship of the taxpayer-supported Charlotte Region Visitors Authority has been one hot seat lately. In the wake of what some regard as questionable spending by the CRVA (lavish meals and free event tickets for would-be clients and a $100K bonus to a CRVA executive), new board chair Joe Hallow vows transparency.
 

One of the first orders of business was releasing a printed version of a $25k PricewaterhouseCoopers study the CRVA commissioned to shed light on its spending habits and other procedures, says Joe, who was named board chair this month. (The original verbal study drew immediate criticism, since all the public saw was a two-page, CRVA-generated summary. The printed version was released Monday.) Tourism and hospitality is a $4B industry for the Charlotte region, Joe notes, acknowledging the board?s mission necessitates public trust. The board, he says, will continue to review and modify CRVA policies concerning discretionary spending by CRVA management and sales teams. ?Our goals are to remain highly competitive with other cities, yet assure the highest possible levels of accountability.? (Meanwhile, the City Council Monday night voted to cut a $10M funding request from the CRVA to $2.5M. It will consider paying out the balance next month.)

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Charlotte Newsletters
Related Stories

Philly's Busy Summer Created Momentum. Can The City Turn It Into Long-Term Growth?

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Luxury Marriott Hotel Will Take Space In Charlotte Office Conversion

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

CBRE IM Buys Net Lease REIT For $1.6B, Plans More Investment

The Difference Between Service And Hospitality That Makes A Flexible Workspace A Success

Beyond The Boom: How Miami's CRE Market Continues To Be Resilient

Sixers And Flyers Unveil Renderings Of South Philly Arena Due In 2030

The Opportunities, Limitations And Benefits Of Reserved Investor Funds