Hotel Industry Asks Congress For Aid

The hotel industry, which has been plagued by the impact of COVID-19 and seen its occupancy plunge due to a severe downturn in travel and business meetings, is asking Congress for help.

In a letter to Congress, the American Hotel & Lodging Association said that the industry could lose 50 percent of its total revenue in 2020, and that figure could exceed $112 billion.

“The hotel industry relies on a dedicated and talented hospitality workforce and is hopeful that we can restart the economy so that we can restore these critical jobs.,” said the association’s letter. “However, if hotels across this country are insolvent and default on their loan obligations, then we will not be successful in retaining hotel employees.”

Click here to read the full AHLA letter.