Paycheck Protection Program
Travel Community Calls on Congress to Pass Relief Legislation
The U.S. Travel Association | August 19, 2020
WASHINGTON (August 19, 2020)—U.S. Travel Association Executive Vice President of Public Affairs and Policy Tori Emerson Barnes issued the following statement on reports that both chambers of Congress may soon consider separate actions on coronavirus relief legislation: “It is crucial that leaders in Washington return to the negotiating table immediately and continue the important work they started. Since March, more than half of the 15.8 million pre-pandemic jobs supported by the travel industry have disappeared, leaving workers and small businesses in every pocket of America vulnerable to the economic pain of this public health crisis...
AHLA Applauds President Donald Trump for Signing Executive Orders Extending Unemployment Benefits
AHLA | August 10, 2020
WASHINGTON (August 10, 2020) – The American Hotel & Lodging Association (AHLA) today applauded President Donald Trump for supporting Americans by signing Executive Orders that extend unemployment benefits and support those impacted by COVID 19, while urging Congress to come together swiftly and pass meaningful, bipartisan legislation that helps support the hotel industry and the millions of employees we support. The following statement is attributable to Chip Rogers, president and CEO of AHLA: “Millions of America’s hotel workers remain out of work as our industry struggles to survive the pandemic. We applaud the actions take...
Travel Community Reacts to Breakdown of Coronavirus Relief Talks
The U.S. Travel Association | August 10, 2020
WASHINGTON (August 10, 2020)—U.S. Travel Association Executive Vice President of Public Affairs and Policy Tori Emerson Barnes issued the following statement on reports that congressional and administration leaders are suspending negotiations on the next phase of pandemic-related legislative relief: “It is critical that leaders in Washington resume talks and move forward on much-needed coronavirus-related economic relief. The travel and tourism industry accounts for 38% of all U.S. jobs lost so far, and travel companies—83% of which are small businesses—remain particularly vulnerable to the economic impact of the health crisis. ...
GBTA Calls on Congress to Take Action on Expanded Relief for Distressed Business Travel Industry
The Global Business Travel Association | August 4, 2020
Alexandria, VA – As the U.S. Congress negotiates a new coronavirus relief package for individuals and businesses, the Global Business Travel Association (GBTA) – the leading voice of business travel worldwide – has called on Congressional leadership to enact measures to renew business travelers’ confidence and to curb the devastating impact of the pandemic on this vital sector of the global economy. The August 3 letter to Congressional Leadership calls for increased funding for rapid COVID-19 testing across the U.S. and for additional financial relief for stricken travel businesses that continue to face the near-cessation of all work-...
Hotel Industry Applauds Release of Senate Covid Relief Package, Calls for Swift Passage
AHLA | July 28, 2020
WASHINGTON (July 28, 2020) – The American Hotel & Lodging Association (AHLA) applauded Senate Republicans for including several hotel industry priorities in the coronavirus relief package released today and urged Congress to move quickly to pass the legislation. Among the provisions in the Senate package are additional funds for the Paycheck Protection Program (PPP) and limited liability protection for businesses as they reopen, both of which will support the hotel industry and our employees during this unprecedented crisis. “Hotels and hotel employees have been severely impacted by the pandemic,” said Chip Rogers, president and...
How Government Loan Assistance Has Helped Prop Up Hotel Profitability
HotStats | July 28, 2020
The tidal wave of COVID-19 has left many in the hotel industry gasping for air amid choppy financial waters. Luckily, governments across the globe have tossed hotels a much-needed financial floatation device. Unfortunately, keeping government loan assistance straight can be tough, especially if you’re trying to keep a hotel running or investments profitable. Wondering how government loan assistance is helping hotels get back on solid financial ground? We’ve mapped out how governments across the globe are using funding to jump-start hotel profitability. How Has Government Assistance Helped the U.S. Hotel Industry...
Travel Community Praises PPP Eligibility Change in Senate Relief Package
The U.S. Travel Association | July 28, 2020
WASHINGTON (July 28, 2020)—U.S. Travel Association President and CEO Roger Dow issued the following statement on Senate introduction of the next phase of coronavirus relief, which includes a measure to extend Paycheck Protection Program (PPP) eligibility to non-profit or quasi-governmental tourism marketing organizations: "The Senate bill wisely expands coronavirus relief to destination marketing organizations (DMOs), which are economic development agencies that perform vital work to drive visitors to local and regional businesses, large and small. "This is a welcome update to previous aid packages, and will increase the chances of a ...
U.S. Travel Applauds Passage of PPP Enhancements
the U.S. Travel Association | June 4, 2020
WASHINGTON (June 4, 2020)—U.S. Travel Association Executive Vice President of Public Affairs and Policy Tori Emerson Barnes issued the following statement on Senate passage of H.R. 7010, the package of Paycheck Protection Program enhancements that had been previously approved by the House: "The PPP changes passed by both chambers are another important step in providing relief to small businesses that otherwise will not survive until the economic recovery phase." "The modification to the portion of funds that can be used for non-payroll expenses is especially crucial to travel-related small businesses, which have comparatively high cap...
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