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    Home»Industry Updates»Survey Shows 67% of Hotels Will Not Survive Without Another Stimulus Bill
    Industry Updates

    Survey Shows 67% of Hotels Will Not Survive Without Another Stimulus Bill

    MEET MagazinesBy MEET MagazinesOctober 1, 2020No Comments2 Mins Read
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    With Congress remaining gridlocked and failing to pass another round of COVID-19 recovery legislation, the American Hotel & Lodging Association (AHLA) is hosting a virtual press conference Tuesday, September 29, 2020, at 12:30 PM ET/9:30 AM PT.  This conference will feature the hotel industry leaders from California, Florida, and Illinois:

    • Chip Rogers, President and CEO of the American Hotel & Lodging Association
    • Lynn Mohrfeld, President and CEO of the California Hotel & Lodging Association
    • Carol Dover, President and CEO of the Florida Restaurant & Lodging Association
    • Michael Jacobson, President and CEO of the Illinois Hotel & Lodging Association

    These industry professions will release state-by-state breakdowns revealing the devastating effects of COVID-19 on the hotel industry and the millions of jobs it supports.

    Prior to the pandemic, hotels proudly supported 1 in 25 American jobs—more than 8.3 million in total. A recent AHLA member survey, conducted September 14-16, 2020, found that if Congress fails to pass another COVID stimulus bill, 74 percent of hotels would be forced to lay off additional employees, and two-thirds of hotels (67%) would not make it another six months.  Some of the hardest-hit states include California, Florida, Texas, and New York.

    To attend this virtual press conference, RSVP at media@ahla.com.

    MM&E

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