Friday, 11 October 2013

U.S. Hotel Industry Finding Shutdown Inhospitable

Closed national parks, confused international travelers, and consumer uncertainty that have resulted from the U.S. government shutdown are costing the lodging industry more than $8 million per day, the American Hotel & Lodging Association (AH&LA) said Thursday. In a letter [PDF] sent to members of Congress and President Barack Obama, the hoteliers' trade group said communities near national parks are losing $76 million per day, foreign tourists are canceling U.S. trips, and current fiscal conditions are making consumers of travel-related services wary. Congress and Obama should reach a deal immediately to open the government and raise the U.S. debt ceiling, the organization said. "For every day that passes that President Obama and Congress are not at the negotiating table seeking an end to this crisis, the American economy—and the lodging industry—continue to suffer," AH&LA president and chief executive officer Katherine Lugar said in a statement. "Hoteliers are a major economic driver and job creator across the country, and the industry's ability to continue its growth is hamstrung by inaction from our policymakers." Affiliate publication Corporate Counsel has more.

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