Trustees discuss enhancing business grant program linked to hotel health

During the recent Village of Lisle Committee of the Whole meeting, a significant focus emerged on enhancing the local business grant program, particularly in relation to the health of the hotel industry. Trustee Lesniak emphasized the importance of understanding the current state of hotels in the area, noting that the program is funded by hotel-motel tax revenue. He proposed that village staff engage with hotel owners and the DuPage Convention and Visitors Bureau (DCVB) to assess vacancy rates and the impact of national tourism trends.

Lesniak highlighted the need for a collaborative approach to support local hotels, suggesting that discussions should explore how the village can drive more stays and adapt to changing market conditions. He argued that while structural improvements to buildings are essential, they represent only the baseline for attracting businesses. The trustee called for a broader perspective on grant programs, advocating for funding that includes cosmetic enhancements to properties, which are crucial for the success of restaurants and retailers.

Additionally, he raised the idea of establishing a business association to tackle grant programs that extend beyond mere structural improvements. This could help address the challenges of getting property owners to comply with building codes and improve the overall business environment in Lisle.

The meeting underscored the village's commitment to fostering a thriving local economy by reassessing its support mechanisms for businesses, particularly in the hospitality sector. As discussions continue, the outcomes could shape the future of business development in Lisle, ensuring that local establishments are well-equipped to thrive in a competitive landscape.