Articles tagged “cares act”

Coronavirus

Why Do Hotels Seem to Be Getting the Shaft From Washington on Coronavirus Relief?

The hotel industry needs to up the ante on lobbying and centralized messaging if it ever wants a bigger piece of the pie. It's that simple.

Cameron Sperance, Skift | 4 years ago

Coronavirus

Leaders of Devastated Travel Industry Lash Out at President Trump’s Decision to Delay Relief Talks Until After Election

Donald Trump's tweet on Tuesday afternoon was stunning even for this president. You could feel the anguish throughout the travel industry, which had still had been holding out hope for more federal relief to help its workers and to keep others in their jobs.

Tom Lowry and Cameron Sperance, Skift | 4 years ago

Coronavirus

White House’s $20 Billion Payroll Support Proposal Falls Short of Airline Demands

It's not quite the CARES Act extension U.S. carriers wanted, as Washington's bailout offer is below the $25 billion they've been calling for.

Alexandra Alper, Reuters | 4 years ago

Airlines

U.S. Airline Industry Reportedly Left Out of New Senate Virus Aid Bill

If legislators fail to fund airlines, thousands of employees temporarily will lose their jobs. It's a horrible outcome, but it is probably the right move. The U.S. airline industry is shrinking because of a lack of demand, and those workers will not be needed for the foreseeable future.

David Shepardson and Tracy Rucinski, Reuters | 4 years ago

Airlines

American’s Pandemic Job Losses Could Top 40,000 Without More Relief, Airline Warns

Airlines are using all the leverage they have to persuade Congress to extend their bailout. Congress will probably bite. But is that the right move?

Brian Sumers, Skift | 4 years ago

Airlines

U.S. Airlines Could Regret Taking Billions More In Government Bailouts

The easy move is for U.S. airlines to take billions of dollars in new subsidies, if offered by the government. But there could be future repercussions.

Brian Sumers, Skift | 4 years ago

Coronavirus

Choice Hotels Sees Revenue Surge From Guests Who Live Within 25 Miles of Its Hotels

If you can't make a long-haul trek to Paris this summer, why not just a short hop, skip, and a jump to a roadside hotel two towns over? That mindset seems to be working in Choice Hotels' financial favor.

Cameron Sperance, Skift | 4 years ago

Airlines

U.S. Airlines Will Get $25 Billion Payroll Aid If Key Lawmakers Have Their Way

If U.S. federal lawmakers come through and extend a $25 billion payroll assistance program for U.S. airlines, tens of thousands of airline employees may avoid furloughs on October 1.

David Shepardson, Reuters | 4 years ago

Airline Weekly

A Contrarian View on Why Airlines Shouldn’t Take Any Stimulus Money

4 years ago

Coronavirus

Best Western CEO Says U.S. Hotels Need 6-Month Lifeline From D.C. to Survive, Not Just to Recover

Best Western CEO David Kong wants hotel-specific economic relief from Washington like anyone else in the industry, but he's among the few publicly to recognize what is realistic and needs to happen to survive into 2021.

Cameron Sperance, Skift | 4 years ago