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Coronavirus stimulus deal reached: Travel industry praises Congress

USA TODAY We applaud the bipartisan group of senators that drove progress forward, and the congressional leadership for striking a bipartisan agreement to produce this desperately needed assistance, U.S. Travel Association President and CEO Roger Dow said in a statement. The agreed-upon provisions will give many suffering businesses a bridge to 2021. More will be needed to restore the 4.5 million travel jobs lost in the travel and tourism industry, but the process that produced this agreement is hopefully a positive sign for what will be possible to achieve in the next Congress. Airlines for America (A4A) President and CEO Nicholas E. Calio said in a statement,  We are especially grateful for the provisions to provide direct payroll support to U.S. airlines and protect the jobs of flight attendants, mechanics, pilots, gate agents and others.

Help for hospitality in new Covid relief bill: Travel Weekly

| The new Covid relief bill’s second round of Paycheck Protection Program loans is expected to be a lifeline for many within the hospitality industry. Photo Credit: VTT Studio/Shutterstock.com According to American Hotel & Lodging Association (AHLA) CEO Chip Rogers, Congress $900 billion Covid-19 relief bill should help buoy the U.S. hospitality industry through spring, with enhancements made to the Paycheck Protection Program (PPP) and several key tax provisions expected to have significant positive impact for hoteliers. Most in our industry believe that if they can just make it to May of next year, that s when leisure travel will probably pick up at a significant pace, Rogers said. [This bill] will definitely help. If they can just make it to May, they should be okay.

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