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MAY 31, 2001

Cook Inlet Region Inc., an Alaska Native corporation, lost $11 million on its tourism business in 2000, an increase in losses from the year prior.

Revenues at CIRI's tourism businesses were $12.1 million in 2001, down 27 percent. Expenses were up 29 percent to $23.1 million.

Overall, CIRI had revenues of $380 million and a record $102 million in profits, mostly due to a telecommunications stock windfall.

Get the Story:
Tourism efforts pain CIRI (The Anchorage Daily News 5/31)

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Cook Inlet Region, Inc. - http://www.ciri.com

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