Summary
Utah hotels built before July 1, 2014 and within one mile of the Hyatt Regency Salt Lake City can claim a prorated share of $2.1 million to offset city-wide event revenue lost to the new convention hotel; rolling applications through Dec. 31, 2026.
About this grant
Partially offsets revenue that eligible Utah hotels lose from city-wide events because of the Grand Hyatt's addition to the market. About $2.1 million is available and awards are prorated across eligible hotels based on lost room nights; no per-hotel amount is published. Applications are received on a rolling basis from May 5, 2025, to Dec. 31, 2026; 2025 and 2026 claims are due by Feb. 15 following the close of the claim year.
Who can apply
- Small businesses
- For-profit companies
Must be a hotel built in Utah before July 1, 2014
Located within one mile of the Hyatt Regency Salt Lake City
Consistent, measurable average daily rates and room-night counts for city-wide events in the 2017-2019 baseline years and each claim year
Senior management must attest that the information is accurate
Hotel must not have ceased operations during the application period
Must sign a contract with the state by Dec. 31 of the claim year to be considered for that year
Topics and uses of funds
Topics
- Tourism
- Hospitality
Money can be used for
- Revenue loss mitigation