Articles tagged “economic stimulus”

Coronavirus

How the U.S. Travel Sector Benefits (and Doesn’t) From $1.9 Trillion in Covid Relief

The $1.9 trillion American Rescue Plan is a massive life raft to many travel companies, but industry groups still want more targeted relief and stimulus to accelerate a full recovery that could be years away.

Cameron Sperance, Skift | 3 years ago

How the U.S. Travel Sector Benefits (and Doesn’t) From $1.9 Trillion in Covid Relief

Coronavirus

Hotels See Higher Payroll Relief Under New Government Aid But Say More Stimulus Needed

The hotel industry qualifies for larger small business loans under the new coronavirus relief measure. That's reason for it to celebrate, but the industry will still need what it considers a real stimulus bill with incentives to revive travel demand in the long-term.

Cameron Sperance, Skift | 3 years ago

Hotels See Higher Payroll Relief Under New Government Aid But Say More Stimulus Needed

Coronavirus

U.S. Airlines and Hotels to Receive Long-Awaited Relief as Part of New $900 Billion Aid Package

The $900 billion coronavirus relief deal delivers the airline and hotel industries some of the top requests on their respective holiday wish list. Just as before, airlines get the biggest prize.

Cameron Sperance and Edward Russell, Skift | 3 years ago

U.S. Airlines and Hotels to Receive Long-Awaited Relief as Part of New $900 Billion Aid Package

Coronavirus

U.S. Hotel Unemployment Falls Even With Mounting Fears Over Rising Case Counts

The U.S. hotel sector continues to add jobs since its worst-performing month of April, but there are likely a rough few months ahead for unemployment until a vaccine is in widespread distribution.

Cameron Sperance, Skift | 3 years ago

U.S. Hotel Unemployment Falls Even With Mounting Fears Over Rising Case Counts

Coronavirus

Hotel Industry Finally Gets a Relief Bill in Congress: What Are Its Chances?

The hospitality industry got some love from Washington, but stakeholders shouldn't hold their breath waiting for industry-targeted relief to pass.

Cameron Sperance, Skift | 4 years ago

Hotel Industry Finally Gets a Relief Bill in Congress: What Are Its Chances?

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

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

Airlines

U.S. Airlines Get an Additional $9.5 Billion in Federal Relief to Stave Off Job Cuts

This federal relief is good news for airline employees — and shareholders — and there could be more to come depending on the duration of the coronavirus crisis.

Jonathan Landay and David Shepardson, Reuters | 4 years ago

U.S. Airlines Get an Additional $9.5 Billion in Federal Relief to Stave Off Job Cuts

Business Travel

What the Travel Industry Wants From the Next Round of U.S. Government Relief

No shortage of lobbying on the travel industry's behalf went into the CARES Act. But with another round of financial stimulus on the horizon, the work is far from over.

Rosie Spinks, Skift | 4 years ago

What the Travel Industry Wants From the Next Round of U.S. Government Relief