The Current State Of The Hotel Industry Isn’t ‘Sustainable’ Without Government Funding, CEO Says

from the coronavirus pandemic, with forced closures leading to massive layoffs, and a sharp decline in bookings with travelers afraid checking in might mean contracting the virus..

Republicans and Democrats can’t find common ground, and it seems almost daily President Donald Trump is alternately pulling the plug on stimulus talks or advocating for a bigger and bigger package. The airline industry cadged $32 billion in payroll support in the CARES Act and is pushing hard for a reup, but other parts of the travel industry like hotels haven’t been able to get support on Capitol Hill.

Government funding = communism

They should tell Trump to stop lying about COVID going away. His catastrophic response is killing any hope of foreign tourism and business travel returning anytime soon. Countries are now in a second wave and aren't going to jeopardize a 3d by opeinng the borders

Mr David Kong how much was your profit b4 Wuhan Virus incident and how much is sitting at your bank account that you want more tax payers money for your biz Is quite unbelievable that these industries act like they never new what is called saving for rainy days or capital backup.

So hotels didn't take all those rip off 'resort fees' and put them in their piggy bank for a rainy day?

Socialism for some.

Oh seriously ? i thought they hated 'Socialism' Now they suddenly change their mind and begging money from the government ? How pathetic...

Turn them to homeless shelters.

good

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