Disaster Relief
U.S. Travel Reacts to SBA Decision on EIDL Eligibility
U.S. Travel Association | May 5, 2020
WASHINGTON (May 5, 2020)—U.S. Travel Association Executive Vice President for Public Affairs and Policy Tori Emerson Barnes issued the following statement on the Small Business Administration's decision to reopen the Economic Injury Disaster Relief application portal only to agriculture-related businesses: "Excluding major segments of the economy from emergency relief funding not only hurts small businesses and workers, but jeopardizes the strength of the broader economic recovery." "Non-profit entities—such as destination marketing organizations and arts and culture groups—are essential for driving consumer demand to their region...
The Importance of Financial Relief for the Hotel Industry
Anne R. Lloyd-Jones | March 23, 2020
By Anne R. Lloyd-Jones The coronavirus (COVID-19) pandemic is having a profound impact on the hospitality industry, as travel restrictions, limits on large gatherings, the closure of restaurants and bars and, perhaps most influential, fear of the virus, have brought travel—and most other aspects of hospitality—to a virtual halt. According to Chip Rogers, president and CEO of the American Hotel and Lodging Association (AHLA), “The impact to our industry is already more severe than anything we’ve seen before, including September 11th and the Great Recession of 2008 combined.” With some hotels reporting occupancy levels of below 20%...
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