Hotel, Travel Industries Welcome New Federal Relief


Source: CoStar Group
By Bryan Wroten
March 11, 2021

After much deliberation and debate, the American Rescue Plan went into effect recently, sending a portion of the total $1.9 billion of allocated funds to hoteliers in the form of PPP loans as well as the promise of enabling travel for people without the financial means to do so given the current economic difficulties. Here, AAHOA and AHLA representatives discuss the shortcomings and possibilities of the plan.

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