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December 7, 2001

In this edition:

New Directors elected at 80th Annual Meeting, November 28, 2001

Annual Dinner Raffle benefits Council of Churches Food Pantry

Economic Update for September 2001 is available on www.ecapechamber.com

SBA Sept 11 Economic Injury Disaster Loan Workshop

OSHA RECORDKEEPING TRAINING

Give the Gift of Travel

Gift Certificates

Highlights from MOTT TravelStats Newsletter � November 2001

New Directors elected at 80th Annual Meeting, November 28, 2001  

Wednesday, November 28th, the Cape Cod Chamber of Commerce members elected new members to the Board of Directors at the 80th annual meeting of the organization.  Directors who were inducted include: 

Steve Abbott, Cape Cod Healthcare

Doreen Bilezikian, Christmas Tree Shops

Debra Oakes, Arts Foundation of Cape Cod

Kyle Hinkle, Orleans Chamber of Commerce

James Penn, Puritan of Cape Cod

Dee Petrella, Rockland Trust

Kelley Sullivan, Bryden & Sullivan Insurance

Mark Simonitsch, Nantucket Sound Fish Weirs

Howard Onik, The Dockside Group

Robert McCarthy, LinChris Hotels

Officers for the organization for the coming two years will be:

Chairman of the Board     Paul Rumul, Dan�l Webster, H�nK Management Corp.

Vice Chair                         Dan Wolf, Cape Air/Nantucket Air

Immediate Past Chair       Kevin M. Howard, Corcoran Jenison Hospitality

Treasurer                          John D. Davenport, The Davenport Companies

Clerk                                  Charles Ritch, Plymouth Savings Bank

Officer at Large                 Anne-Marie Litchfield, Esq., LaTanzi, Spaulding & Landreth

Officer at Large                 Richard Neitz, Neitz Real Estate

Ex-Officio                          Doreen Bilezikian, Christmas Tree Shops

 

Annual Dinner Raffle benefits Council of Churches Food Pantry

Cape Cod Chamber members and guests participated in a raffle benefiting the Cape Cod Council of Churches Food Pantry at the recent Annual Dinner Meeting.

Holiday centerpieces donated by Flower & Fern, Stop & Shop, Star Market, Vintage Flowers, Harvest of Barnstable and KaBloom resulted in $400 being presented to the Food Pantry.

Economic Update for September 2001 is available on www.ecapechamber.com

The Cape Cod Chamber of Commerce is pleased to present the September 2001 Monthly and Third Quarter Economic Update, an in-depth look at economic activity for those periods in several categories. 

SBA Sept 11 Economic Injury Disaster Loan Workshop             

Due to overwhelming demand, Cape and Islands Community Development, Inc. will, once again, host representatives from the U.S. Small Business Administration.  Discussed will be, the SBA�s Sept 11 Economic Injury Disaster Loan Program.  The program has been recently expanded to include Massachusetts businesses affected by the September 11 events or subsequent federal actions.

The workshops will be held Monday, December 10, 17, January 7 and 14 at 1:00p.m. at the Cape & Islands Community Development, 307 Main Street , Hyannis , MA .  You need attend only one workshop

Eligible small businesses that have been directly impacted and have suffered substantial economic injury can apply for working capital loans of up to $1.5 million at up to 4% for up to 30 years.  Loan proceeds can be used to pay fixed debts, payroll, accounts payable and other bills that could have been paid had the disaster not occurred.  Loans in excess of $5,000 require the pledging of collateral to the extent that it is available.  Personal guaranties are required.  The SBA will not decline a loan for lack of collateral. 

Applications will be available at the workshop.  They are not available via the mail and must be obtained in person from an SBA rep.   The application process has been streamlined.  The SBA will try to make decisions on each application within 21 days.  Last date for submitting an application is January 21, 2002 .

If a small business can demonstrate a loss of revenue, year to year as of Sept 11, the SBA may be able to provide much-needed assistance through this program.

Per Jeannine Marshall, Executive Director, �The expansion of the SBA�s Disaster Loan Program provides much needed relief to struggling Cape and Islands businesses.   Several bed and breakfasts and hotels have taken advantage of the opportunity to submit an application. �

Reservations are required and may be made by calling Jessica at Cape & Islands Community Development, 508-790-4980 ext 516.

Cape and Islands Community Development, Inc. is a not-for-profit finance company providing loans and technical assistance to small business on the Cape and Islands .  In addition to its commercial activities, it provides home ownership opportunities through its Downpayment Assistance Program and Interest Rate Subsidy Program.  CDI is located at 307 Main Street , Hyannis , MA   02601 (508) 790-2921.  Jeannine Marshall is Executive Director.

OSHA RECORDKEEPING TRAINING:  LIVE SATELLITE BROADCAST AND SIMULTANEOUS WEBCAST

During this presentation, OSHA will give a live overview of its revised recordkeeping rule and the public will be given the opportunity to ask questions.  OSHA's new recordkeeping rule, 29 CFR 1904, takes effect on January 1, 2002 and affects 1.4 million establishments in the United States .

The Workforce Education Resource Center (WERC) at Cape Cod Community College will host this Webcast in the Media Room located in the lower level of the Library on December 12, 2001 from 12:30 to3:30 p.m.

Although Massachusetts is not directly under OSHA regulations, companies that employ 10 or more employees must adhere to OSHA recordkeeping procedures for labor statistics and accident information.

We invite you to attend for a nominal fee of $10.  Seating is very limited and will be reserved for those who respond first.

If you would like to reserve a seat for this event please make your check out to

Cape Cod Community College and mail to:

WERC, Cape Cod Community College, 2240 Iyanough Rd., W. Barnstable , Ma 02668-1599

For more information please contact Kathleen Girelli at 508-362-2131 x4435

Give the Gift of Travel

This holiday season, the Cape Cod Chamber of Commerce encourages you to consider giving the gift of travel.  As a cnn.com article by Thurston Hatcher  (published 12/4/01) states:  �If there's simply no tie, sweater, DVD player or robotic dog that will do the trick this holiday season for that relative who has everything, why not send your beloved's spirits soaring this Christmas with the gift of travel?�  The article goes on to suggest purchasing gift certificates for hotels, spas or air travel as the perfect gift for the person who has everything.  [See the complete article at:  http://www.cnn.com/2001/TRAVEL/NEWS/12/04/gifts.adviser.2/index.html ]  Many of our members offer gift certificates � keep reading!

Gift Certificates

And speaking of gift certificates�  Please click here if your establishment offers gift certificates (this will generate a simple email to us that says that you offer gift certificates.  If you want to include information with this listing, please include it in the body of the email).  We will be compiling a list and posting it on our website for website visitors who are looking to give the gift of travel to Cape Cod .  As the holiday season is upon us, please respond ASAP and check www.capecodchamber.org next week for the list of members who offer gift certificates (maybe it will help you finish your holiday shopping!).

Highlights from MOTT TravelStats Newsletter � November 2001

State Hotel Room Tax Collections

            October 2001 collections dropped 26% compared with September 2000 and year-to-date hotel room occupancy tax collections fell 12.2% below FY 2001 collections in October.  This is due in part to economic slowdown and a general decrease in business travel, as well as the tragedies that occurred on September 11th.  (Source:  Department of Revenue Monthly Report of collections and Refunds)

            A recent analysis conducted by Pinnacle Advisory Group estimates that FY 2002 occupancy tax collections will be 12.1% less than FY 2001, an estimated $14.5 million loss in tax revenue generated for the Commonwealth.

Museum and Attraction Attendance

           Museum and attraction attendance for September 2001 fell 33.1% compared to September 2000 attendance.  (Source: MOTT aggregate of 27 Massachusetts museums and attractions, attendance based on Museum of Science Report )

January- June 2001 Domestic Travel to Massachusetts

            In 2001, January through June total domestic person trips to Massachusetts increased 9.5% over the same time period in 2000 representing an increase of over a half million person trips. (Source:  TravelScope�)

MOTT Website Activity

            MOTT website hits were down 66% during September (3.5 million) compared to September 2000 (10.3 million) and visits were down 38.9% (96,292 v 157,609).

            In September, 3,171 visitors signed up to receive the Getaway Guide via the MOTT website. A decrease of 7% from September 2000.

            149 reservations were made from the MOTT website using our partner site WorldRes.com in September, resulting in 326 room nights.

MOTT Fulfillment

            MOTT�s fulfillment partner, d|a|p associates, has experience an approximate 60% loss in MOTT toll-free calls since September 11th.

JUST RELEASED ON MASSVACATION.COM:

            The 2000 Domestic Visitor Profile:  This document provides an overview of domestic travel to Massachusetts in 2000.  overall travel to the Commonwealth increased in 2000 to 24.8 million person trips representing 2.4% of all domestic travel in the United States .  Once again, Massachusetts is a competitive U.S. destination, ranking 19th among all U.S. state destinations.

 
Mass Office of Travel and Toursim