If Congress does not pass a spending bill by Sept. 30, another federal government shutdown will follow. Economists at the U.S. Travel Association report that such a shutdown would cost the U.S. travel sector at least $185 million per day ...
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Feed SubscriptionD.C. Hotels Lost $2 Million in Revenue During Shutdown
The long-term effects of the recent 16-day government shutdown are still uncertain, but Washington, D.C., hotels experienced some dramatic hits in revenue while the federal government was out of work. According to this article from the Washington Post, hotels in ...
Read More »Travel Industry Welcomes End to Government Shutdown
During the final hours of Oct. 16, the U.S. Congress and Senate agreed to pass a bill to end the government shutdown and raise the debt ceiling, buying the country a few more months until the issues come to the ...
Read More »Government Shutdown Could Derail Business Travel Spending
ALEXANDRIA, Va.—Business travel spending is expected to see a robust year in 2014 fueled by steady corporate profits, increases in business investment, and an improving U.S. economy. However, the ongoing government shutdown and potential default could derail progress and is ...
Read More »Hotel Industry Presses for End to Government Shutdown
Washington, D.C.—Faced with an ever-increasing economic hit to the domestic travel and tourism industry resulting from the ongoing government shutdown and the looming breach of the federal debt ceiling, the American Hotel and Lodging Association (AH&LA) and hoteliers from across ...
Read More »Government Shutdown to Affect Travel Industry
On the morning of Oct. 1, after Congress and the Senate failed to come to an agreement on a spending bill, parts of the government deemed nonessential for operations officially shut down—and the impact could have lasting effects for the ...
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