Tobacco Documents Online

! a7 Years oi Servtce to the HOSPITALITY CVDUSTRY NLBA SAN OIEGO ~~t e R~St~,c V ASSOCIATION v STAFF 9USINESS MANAf.EP ANO aDMUSTPATrvE PEP~ESENrA H FLOFENTINE OFFIfE MANAGER UlSf.l -S Memeer PHONE 233-6351 OM1ces. EMchnge a SUITE 308 SPRECKELS BUILDING 4 12L BROADWAY Sr I SAN OIEGO. CALIFORNIA 92101 `SrrO 1`~` Tho ~J(mrt¢IOrmrr-.::a.r .r rht Duatl,d .Spmr. , ~i.;u;:n October 23, 1992 PRESS RELEASE PRICE WATERHOUSE STUDY SHOWS BUSINESSES WOULD BE HURT BY A SMOKING BAN 0 A study by the internationally renowned accounting firm Price Waterhouse shows that the proposed smoking ban would cost San Diego more than 6,000 )obs, close more then 400 buslnesses and cost the city millions in tax revenues If smoking is banned (page 111-3 of the study). Jay Tansing -- (202) 828-9066 days, (301) 469-6095 evenings -- of Price Waterhouse conducted the study on behalf of the San Diego Restaurant & Tavern Association (233-6351), which has provided 47 years of service to San Diego's taverns and restaurants. The projected loss of Jobs, businesses and tax revenues could be much higher if area businesses lose more the 17 percent of their business, the study showed. If the actual losses are 30 percent, the city would experience a loss of more than 11,000 Jobs, 776 businesses (exhibit 111-1) and a decline of millions in tourists to the city. - END -