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U.S. Capitol

Survey: 74 Percent of Hotels Will Lay Off More Employees Without Further Aid

WASHINGTON, D.C. — A new survey of American Hotel & Lodging Association (AHLA) members shows that the 68 percent of hotels have less than...
U.S. Capitol

Report: Hotel Industry Faces Historic Wave of Foreclosures as Delinquencies Rise

WASHINGTON, D.C. — A new national report shows that the hotel industry is facing a historic wave of foreclosures as the COVID-19 pandemic continues...
U.S. Capitol

Legislators Urge Treasury and Fed to Step In as Hotels Face Foreclosures

The COVID-19 pandemic forced hotels nationwide to shut down for weeks or operate at record-low occupancies with reduced staff. With revenues significantly reduced, many...