Showing posts with label Region--State. Show all posts
Showing posts with label Region--State. Show all posts

Wednesday, October 31, 2012

Utah's Thirst for Water Comes with $13.7 Billion Price Tag

The ability to turn on the tap, flush the toilet and water the garden over the next 20 years will be a multibillion-dollar challenge in Utah because of new water and sewer systems that state officials say must be put in place.

A statewide list of water projects, including their costs, is being shopped to Utah lawmakers, along with the warning that it is better to plan now and pay now, rather than wait until dams fail or taps run dry.

The numbers are staggering, adding up to $13.7 billion. And that doesn't include billions identified for controversial projects such as the Lake Powell Pipeline or the Bear River Development project.

The Utah divisions of water quality and water resources and other public agencies compiled the list of water infrastructure needs in Utah that provides just one glimpse of a national problem decades in the making.

A roundtable highlighting the water infrastructure challenges across the country estimated the cost to maintain and replace drinking water systems alone at $1 trillion. Hosted by the Conservation Leadership Partnership, the discussion earlier this month took on new urgency as most of the nation continues to recover from the worst drought in 50 years.

The partnership is an initiative seeking to broker new alternatives to persistent conservation problems, emphasizing the need for public-private partnerships and entrepreneurship and "ground-up" solutions. Deseret News

Saturday, January 28, 2012

Utah hotel occupancy, rates up slightly

Utah occupancy and average daily room rate for hotels and motels were both up slightly in 2011. According to the Utah edition of the Rocky Mountain Lodging Report, the 2011 occupancy rate was 62.7 percent, up from 59.7 percent in 2010.

The average daily room rate for the year to date was $95.69, compared to $93.29 for 2010. Revenue per daily room rose as well, from $55.70 in 2010 compared to $60.04 for 2011. Salt Lake City recorded the best in 2011, with a 69.6 percent occupancy rate and average daily room rate of $93.65.
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Ogden occupancy was at 60.7 percent, Cedar City at 53 percent, St. George at 60.1 percent, Logan and Utah County at 58.1 percent, and other Utah cities and towns at 61.2 percent. Salt Lake Tribune

Tuesday, June 22, 2010

Hotels see boost in May

Utah hotels saw a nice little bump in business last month, especially compared with May 2009. Typically a slow travel period, May of last year was even worse than usual, with hotel occupancies across Utah dropping to less than 55 percent each night.

But this May, hotels statewide were 59 percent full on a nightly basis. The average daily room rate did not increase commensurately, but pretty much held steady.

Although occupancy was up 4 percent, the statewide room rate could not keep pace. Still, it rose about $1.50, to $86.70 nightly last month, according to figures from the Denver-based Rocky Mountain Lodging Report. The Salt Lake Tribune

Utah Hotel Occupancy

Hotels statewide generally filled more rooms last month than in May 2009 (in parenthesis):

Salt Lake County » 66.3 percent (59.4)
Ogden »
68.5 (67.2)
Davis County » 68.3 (68.0)
St. George » 59.0 (54.4)
Utah County » 58.9 (55.0)
Logan » 52.3 (37.4)
Cedar City » 46.5 (51.9)
Mountain resorts » 24.9 (25.7)
Rest of Utah » 71.4 (68.3)
Total » 59 (54.9)

Source » Rocky Mountain Lodging Report

Thursday, April 22, 2010

New County-Level Personal Income Data Available

The Bureau of Economic Analysis (BEA) has released estimates of personal income at the county level for 2008 based on newly available source data. The county estimates released today complete the successively more detailed series of data releases depicting the geographic distribution of the nation’s personal income for 2008.

The annual estimates (1969-2008) of local area personal income have been revised to incorporate the comprehensive revision of the National Income and Product Accounts (NIPA). Comprehensive revisions, which are undertaken every 4 to 5 years, are an important part of BEA’s regular process for improving and modernizing its accounts to keep pace with the ever-changing U.S. economy. Bureau of Economic Analysis