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291 | On The Brink: Hotel associations lobby on Capitol Hill to ward off disaster
The U.S. hotel industry is hanging on by a thread.
According to research from the American Hotel & Lodging Association, two thirds of the nation’s 57,000 hotels will close without federal government relief.
Experts Lodging Leaders interviewed say hotel businesses are on the precipice of failure, and if they fall they’re taking more than 5 million jobs with them.
In this episode of Lodging Leaders we talk to Cecil Staton, president and CEO of AAHOA in Atlanta, Georgia, and Chip Rogers, president and CEO of AHLA in Washington, D.C., who update the associations’ efforts to save hotels from rack and ruin as a result of the business downturn caused by the coronavirus pandemic.
We also hear from Girish Patel, principal and managing director at NewGen Worldwide, a commercial real estate organization in Phoenix, Arizona, that has been spearheading advocacy efforts in Washington, D.C., on behalf of owners and investors.
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By Jon Albano and Judy Maxwell
4.8
7474 ratings
The U.S. hotel industry is hanging on by a thread.
According to research from the American Hotel & Lodging Association, two thirds of the nation’s 57,000 hotels will close without federal government relief.
Experts Lodging Leaders interviewed say hotel businesses are on the precipice of failure, and if they fall they’re taking more than 5 million jobs with them.
In this episode of Lodging Leaders we talk to Cecil Staton, president and CEO of AAHOA in Atlanta, Georgia, and Chip Rogers, president and CEO of AHLA in Washington, D.C., who update the associations’ efforts to save hotels from rack and ruin as a result of the business downturn caused by the coronavirus pandemic.
We also hear from Girish Patel, principal and managing director at NewGen Worldwide, a commercial real estate organization in Phoenix, Arizona, that has been spearheading advocacy efforts in Washington, D.C., on behalf of owners and investors.