Skip to content
Search

Latest Stories

USTA supports bill to extend Paycheck Protection Program deadline

The bipartisan legislation would give businesses until May 31 to apply for loans

USTA supports bill to extend Paycheck Protection Program deadline

THE LATEST FEDERAL stimulus package includes billions more dollars for the Paycheck Protection Program, a key priority for the hotel and travel industries. However, the U.S. Travel Association says the program also needs more time to provide relief from the COVID-19 economic downturn.

For that reason, USTA is pushing for the passage of the PPP Extension Act of 2021 that would push the deadline for PPP fund applications from March 31 to May 31 and give the Small Business Administration 30 days after that new deadline to process applications. The bill is sponsored by Democrat Sens. Jeanne Shaheen, New Hampshire, and Ben Cardin, Maryland, and Republican Sen. Susan Collins of Maine.


Those three senators, along with Republican Sen. Marco Rubio of Florida, created the original PPP as part of the $2.2 trillion Coronavirus Aid, Relief, & Economic Security Act a year ago. They also advocated for the inclusion of $284.5 billion in the December COVID-19 relief package to reopen the program, but they say while the $1.9 trillion American Rescue Plan Act signed into law last week includes  $7 billion for the PPP, more is needed.

“As one of the original creators of the PPP last year, I was disappointed that despite our efforts, the ARP unfortunately did not include an extension of these loans,” Shaheen said. “I’m pleased to build on the bipartisan work that Sens. Collins, Cardin and I started last year when we established the program by taking this common-sense step to extend the deadline for PPP loans. Congress must act to preserve this lifeline for small businesses trying to stay afloat.”

Extending the PPP would especially benefit the travel agency, said Tori Emerson Barnes, USTA’s vice president for public affairs and policy.

“The hardest-hit U.S. businesses are still in dire need of aid, so extending the PPP application deadline is critical to help the U.S. economy get through the next few uncertain months. the leisure and hospitality industry currently accounts for nearly 40 percent of all U.S. unemployment, and it is still unclear when travel demand will finally be able to rebound on its own,” Barnes said. “Extending the PPP is vital for travel employers to keep their lights on, when many would otherwise be at risk of shutting their doors and their jobs being lost permanently.”

More for you

હન્ટર કોન્ફરન્સ 2025: નવું સ્થળ, આર્થિક ચર્ચા

હંટર હોટેલ કોન્ફરન્સે મોટા પગલાની જાહેરાત કરી

હન્ટર હોટેલ ઇન્વેસ્ટમેન્ટ કોન્ફરન્સે આ અઠવાડિયે તેની 2025 મીટિંગની શરૂઆત એવા સમાચાર સાથે કરી હતી કે તે આવતા વર્ષે નવા સ્થાને જશે. ઉપરાંત, કોન્ફરન્સમાં વક્તાઓએ યુ.એસ.ની અર્થવ્યવસ્થાને અસર કરતી વર્તમાન અશાંતિ અંગે તેમના મંતવ્યો આપ્યા હતા.

આ વર્ષની કોન્ફરન્સની થીમ હતી “એલિવેટ યોર ગેમ,”, કોન્ફરન્સ ચેરમેન અને પ્રાયોજક હન્ટર હોટેલ એડવાઈઝર્સના સીઓઓ લી હન્ટરે ડાઉનટાઉન એટલાન્ટામાં મેરિયોટ માર્ક્વિસ હોટેલ ખાતે મંગળવારે તેમની શરૂઆતની ટિપ્પણીઓમાં જણાવ્યું હતું. કોન્ફરન્સમાં 2,200 થી વધુ લોકોએ હાજરી આપી હતી.

Keep ReadingShow less
AAHOACON25 ન્યૂ ઓર્લિયન્સમાં 15-17 એપ્રિલ 2025 દરમિયાન યોજાશે

AAHOACON25 ન્યૂ ઓર્લિયન્સમાં 15-17 એપ્રિલ દરમિયાન યોજાશે

AAHOA 2025 AAHOA કન્વેન્શન એન્ડ ટ્રેડ શો માટે તૈયારી કરી રહ્યું છે, જે 15 થી 17 એપ્રિલના રોજ ન્યૂ ઓર્લિયન્સમાં નક્કી કરવામાં આવ્યું છે. "નવા વિચારો, નવી તકો, ન્યુ ઓર્લિયન્સ" થીમ આધારિત આ ઇવેન્ટમાં ત્રણ દિવસનું શિક્ષણ, નેટવર્કિંગ અને ટ્રેડ શો છે.

આધ્યાત્મિક નેતા ગુરુદેવ શ્રી શ્રી રવિશંકર AAHOACON25 ના જનરલ સેશનમાં મુખ્ય વક્તા હશે, એમ AAHOA એ એક નિવેદનમાં જણાવ્યું છે.

Keep ReadingShow less
David Wahba, Stonebridge Cos. VP of Sales, at a luxury resort property in 2025
Photo credit: Stonebridge Cos.

Wahba is Stonebridge’s VP of sales luxury, lifestyle

David Wahba to Lead Stonebridge’s Luxury Sales Strategy

David Wahba is now vice president of sales for luxury, lifestyle and resort properties at Stonebridge Cos. In this role, he will oversee sales strategy for the company’s luxury portfolio.

Wahba brings more than 25 years of hospitality experience, Stonebridge said in a statement.

Keep ReadingShow less
G6 Hospitality CEO Sonal Sinha at franchisee meeting discussing Motel 6 and Studio 6 growth in 2025
Photo credit: G6 Hospitality

G6 Hospitality plans nationwide franchisee engagement

G6 Hospitality’s 2025 Franchisee Meetings Drive Collaboration

G6 HOSPITALITY, PARENT company of Motel 6 and Studio 6, aims to hold more than 15 franchisee meetings nationwide as part of its franchisee engagement initiative. The company began the initiative earlier this year and plans to hold one meeting in each region before year-end.

The company engages owners to strengthen relationships and gather insights for growth, G6 said in a statement.

Keep ReadingShow less