Source: Hotel Business
By CJ Arlotta
January 15, 2019
The hotel industry is doing its best to dodge the administration’s tariffs by finding alternative solutions. While not everybody’s taking blows, some players are clinching the administration’s trade approach to avoid additional shots and move on to the next round.
Oftentimes, hoteliers make note of these additional construction costs, however, so some believe tariff impacts are just expected. “At the end of the day, these are just built into the cost of doing business, and a hotelier just accepts that,” said Chip Rogers, president/CEO of AAHOA. [Editor’s note: It was recently announced that Rogers was appointed to president/CEO of AHLA.] “This is short-term pain for a broader economic policy that seeks to address the massive trade imbalance between the United States and China. The Trump administration’s plan to apply pressure to industries not directly related to the big issues they want China to address, such as intellectual property theft, causes short-term pain for certain industries domestically, like hoteliers with projects in the pipeline.”