Articles tagged “economic stimulus”

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.

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.

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.

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.

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

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.

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.