New State Data Report
AHLA commissioned and released a new report by Oxford Economics today to analyze lost state and local tax revenue from hotel operations due to COVID-19. The study reveals a $16.8 billion loss in 2020.
Bipartisan Letter to Treasury and Fed on Commercial Real Estate Relief
AHLA continues to request swift action by the U.S. Treasury and the Federal Reserve to help thousands of small business hotel owners who are struggling to make debt service payments on their mortgages, including commercial mortgage-backed securities (CMBS) debt to keep their doors open and avoid foreclosure.
Governor Larry Hogan (R-MD) and Marriott International president and CEO Arne Sorenson will kick off a new series launched by the American Hotel & Lodging Association (AHLA) and hosted by president and CEO Chip Rogers.
Creativity and flexibility become key for the hotel sector's new normal
An international hotel webinar held last week [10th June] to discuss the hotel industry's journey out of lockdown, warned of the long road ahead for hotel operators to reach full recovery, and the likelihood that the hotel sector and the way it operates will be forever changed as a result of the Covid-19 pandemic.
STR: Nationwide Occupancy Surpasses 40 Percent in Second Week of June
U.S. hotel performance data for the week of June 7-13 showed another small rise from previous weeks and less severe year-over-year declines, according to STR.