Hotel industry urges end to government shutdown as losses hit $650M
Now entering its fourth week, the shutdown is costing the economy $31 million per day in lost hotel business, according to the American Hotel & Lodging Association.
More than 30 hospitality industry associations, including the American Hotel & Lodging Association, Asian American Hotel Owners Association, Latino Hotel Association and National Association of Black Hotel Owners, Operators, and Developers, sent a joint letter on Wednesday to the U.S. House of Representatives and Senate urging government leaders to end the shutdown, according to an AHLA release.
To date, the shutdown has resulted in an estimated $650 million in lost hotel business, according to AHLA, with each day of the shutdown costing the economy $31 million “in activity that would’ve been generated by hotel stays.”
In the letter, the industry associations said the shutdown created uncertainty and interfered with “hotels’ ability to prepare for the holiday season, traditionally one of the busiest times of the year.”
Lara Ewen