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Following the introduction of the Pandemic Risk Insurance Act of 2021, American Hotel & Lodging Association President and CEO Chip Rogers released the below statement.
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American Hotel & Lodging Association (AHLA) President and CEO Chip Rogers released the below statement following a White House announcement that it will lift travel restrictions for foreign visitors who are fully vaccinated against COVID-19 beginning Nov. 8.
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The hotel industry is projected to end 2021 down more than $59 billion in business travel revenue compared to 2019, according to a new report released today by the American Hotel & Lodging Association and Kalibri Labs. That comes after losing nearly $49 billion in business travel revenue in 2020.
Business travel is the hotel industry’s largest source of revenue and has been slow to return since the onset of the pandemic. Business travel includes corporate, group, government, and other commercial categories. Business travel revenue is not expected to reach pre-pandemic levels until 2024.
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he White House yesterday announced the expanded COVID-19 Economic Injury Disaster Loan (EIDL) program, giving qualified hoteliers access to up to $2 million per loan.
![Travelers](/sites/default/files/styles/news_image_360x224/public/2021-09/shutterstock_1013353462.jpg?itok=RZPWQRY5)
U.S. leisure travelers plan to significantly pare back travel plans amid rising COVID-19 cases, with 69% planning to take fewer trips, 55% planning to postpone existing travel plans, and 42% likely to cancel existing plans without rescheduling, according to a new national survey conducted by Morning Consult on behalf of the American Hotel & Lodging Association (AHLA). Nearly three in four (72%) are likely to only travel to places within driving distance.
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U.S. business travelers are scaling back travel plans amid rising COVID-19 cases, with 67% planning to take fewer trips, 52% likely to cancel existing travel plans without rescheduling, and 60% planning to postpone existing travel plans, according to a new national survey conducted by Morning Consult on behalf of the American Hotel & Lodging Association (AHLA).
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American Hotel & Lodging Association (AHLA) President and CEO Chip Rogers released the below statement after the General Services Administration (GSA) announced it would freeze FY2022 federal per diem rates for government travel in the Continental United States at FY2021 levels, which are based on pre-COVID-19 rates.