Hotel industry, reeling from COVID-19 economic fallout, lays out priorities for COVID 4.0 - Lebanon news - أخبار لبنان
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Hotel industry, reeling from COVID-19 economic fallout, lays out priorities for COVID 4.0

WASHINGTON – As lawmakers consider additional legislation to address the ongoing health crisis and economic fallout from COVID-19, the American Hotel & Lodging Association (AHLA) sent a letter to Congress calling for additional help in several areas, including extending the Paycheck Protection Program (PPP) for severely impacted businesses and their employees, creating targeted lending facilities…

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Hotel industry, reeling from COVID-19 economic fallout, lays out priorities for COVID 4.0

WASHINGTON – As lawmakers consider additional legislation to address the ongoing health crisis and economic fallout from COVID-19, the American Hotel & Lodging Association (AHLA) sent a letter to Congress calling for additional help in several areas, including extending the Paycheck Protection Program (PPP) for severely impacted businesses and their employees, creating targeted lending facilities and liquidity measures to help hoteliers meet debt service, and passing tax reforms to benefit both hotel employees and employers. Together, these provisions will help ensure hotels can retain and rehire employees, protect employees and guests, keep hotel doors open, and incentivize Americans to travel again when it’s safe. The hotel industry has been historically impacted by the COVID-19 health crisis. According to the Bureau of Labor Statistics (BLS), the leisure and hospitality sector has lost 4.8 million jobs since February – more jobs than construction, manufacturing, retail, education, and health services combined. The human toll on hotel employees and the hotel workforce is devastating, with hotels still staffed at less than half their pre-pandemic levels. The economic impact is the worst the industry has ever faced.“Our industry was among the first impacted by the pandemic and will be one of the last to recover. We are a major economic driver, supporting millions of jobs and generating billions in tax revenue. Getting our economy back on track starts with supporting the hotel industry and tourism in general,” said Chip Rogers, president and CEO of the American Hotel & Lodging Association. “We need Congress to continue to prioritize the industries and employees most affected by the crisis, so that help is directed to the businesses that need it most.”AHLA is urging Congress to provide immediate assistance in these areas:Provide additional liquidity for severely impacted businesses through a targeted extension of the Paycheck Protection Program (PPP).Create hotel industry relief opportunities utilizing Federal Reserve and Treasury authority.Establish a Commercial Mortgage Backed Securities (CMBS) market relief fund, with a specific focus on the hotel industry, as part of the Federal Reserve’s lending options.Make structural changes to the Main Street Lending Facility established under the CARES Act to ensure hotel companies can access the program.Include limited liability language to provide a limited safe harbor from exposure liability for hotels that reopen and follow proper public health guidance.Include targeted tax provisions that will benefit severely injured businesses and their employees, including tax credits for capital expenditures or expenses to meet the industry’s Safe Stay initiative; enhanced Employee Retention Credit (ERC); a temporary travel tax credit; exempting taxation on phantom income from loan modification forgiveness or cancelation; and allowing full deductibility of the food and entertainment business expense.A recent survey conducted by Morning Consult commissioned by the AHLA found that Americans overwhelmingly support efforts by Congress to help the travel industry recover:70 percent of Americans support passing additional economic stimulus for the industries most negatively impacted by the pandemic, including the travel and hospitality sectors.By almost a 3 to 1 ratio, Americans support a new, temporary federal travel tax credit to encourage people to travel (61% support, 21% oppose).By more than a 2 to 1 ratio, Americans support restoring the business entertainment expense deduction to encourage business travel (57% support, 21% oppose).Almost two-thirds of Americans support efforts by the federal government to require banks to offer debt relief or forbearance on commercial hotel mortgages (63% support, 16% oppose)“With a presence in every congressional district in America, hotels are central to getting our economy back on track and supporting millions of jobs. Americans overwhelmingly support efforts by Congress to provide the hotel industry with additional support so that we can keep our doors open and bring back our employees,” concluded Rogers.

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SWISS Airlines adds frequencies from Domodedovo Airport to Zurich

Starting from November 23, SWISS Airlines has launched a third weekly flight on the route Zurich-Moscow (Domodedovo). SWISS Airlines performs the flight on Mondays, landing at 17:45 and departing at 18:35*.Passengers can also opt for the following flights:On Saturdays. It will land at Domodedovo at 17:45, departing to Zurich at 18:35*.On Fridays. It will land…

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SWISS Airlines adds frequencies from Domodedovo Airport to Zurich

Starting from November 23, SWISS Airlines has launched a third weekly flight on the route Zurich-Moscow (Domodedovo). SWISS Airlines performs the flight on Mondays, landing at 17:45 and departing at 18:35*.Passengers can also opt for the following flights:On Saturdays. It will land at Domodedovo at 17:45, departing to Zurich at 18:35*.On Fridays. It will land at Domodedovo at 12:15, departing to Zurich at 13:45*.Russia and Switzerland resumed flights on August 15.*All times are local (Moscow Time – UTC+04)

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For its fourth edition FITUR Festivals & Events expands to all type of cultural and sports events

One of the new features of the upcoming edition of FITUR 2021 International Tourism Fair that will focus on the recovery of the tourism industry, is the expansion of the FITUR Festivals section, which now and under the new name FITUR Festivals & Events will strengthen its content and professional appeal, by adding relevant sements that have an…

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For its fourth edition FITUR Festivals & Events expands to all type of cultural and sports events

One of the new features of the upcoming edition of FITUR 2021 International Tourism Fair that will focus on the recovery of the tourism industry, is the expansion of the FITUR Festivals section, which now and under the new name FITUR Festivals & Events will strengthen its content and professional appeal, by adding relevant sements that have an increasingly higher business potential. Thus, in addition to the live music festivals, FITUR Festivals & Events expands to host a wider range of proposals, such as cultural festivals -dance, theatre, opera, exhibitions, museums, etc.- as well as sports events and competitions, such as Formula 1, golf, regattas, soccer, Olympics, etc.The purpose of FITUR Festivals & Events is to provide a platform where all of the agents of this type of tourism can connect: destinations, transportation, hospitality and accommodation, tour operators and wholesalers, show and event organisers, ticketing companies, etc., within the framework of FITUR, the major international tourism industry fair organised by IFEMA that will be held, exceptionally in 2021, from the 19 to 23 May. FITUR Festivals & Events, with the collaboration of Asociacion de Promotores Musicales (APM) and Squarefer, will have an exhibition area, a B2B program with international and national purchasers, a setting for round tables and presentations of sector reports by exhibitors.

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77% of UK residents said they’re willing to consider the environment in their future holiday plans

Nearly half (49%) of UK residents said that the impact of COVID-19 has raised awareness about the impact holidays and travel have on the environment, recent research by iCarhireinsurance.com has revealed.  With dolphins returning to waterways of Venice and cities seeing pollution-free skies, 77% of Brits look to consider the environment in their future holiday plans.The…

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77% of UK residents said they’re willing to consider the environment in their future holiday plans

Nearly half (49%) of UK residents said that the impact of COVID-19 has raised awareness about the impact holidays and travel have on the environment, recent research by iCarhireinsurance.com has revealed.  With dolphins returning to waterways of Venice and cities seeing pollution-free skies, 77% of Brits look to consider the environment in their future holiday plans.The survey questioned 2,000 UK residents on their holiday habits and opinions about conscientious travel. It revealed that COVID and the impact of nationwide lockdowns has had a big influence on people’s attitudes towards the environment, and the effect the tourism industry has on it.  When questioned what has inspired them to consider the environment more when travelling for a holiday, the most common responses were COVID-related. 18% said they plan to be more eco-friendly after seeing wildlife recover in popular tourist destinations during lockdown, and 15% say the reduction in travel pollution during COVID has inspired them to be more environmentally friendly. A further 14% said that COVID has made them more appreciative of the environment.  Other influences, such as influential figures (9%), the media (8%), charities (7%), environmental protests (7%), social media (4%) and politicians (2%), were much less common. This new outlook brought about by COVID has led to many people in the UK saying they will be more eco-friendly when travelling in the future. One-quarter (25%) said they’re willing to holiday domestically, and a further 25% say they’ll even go on holiday less to reduce their environmental impact. A full breakdown is included below: (% who said they would be willing to do the following to lessen the environmental impact of their holiday) Be mindful of their energy use – 26% Holiday domestically – 25% Holiday less frequently – 25% Travel by public transport – 21% Use alternative transport to flying – 21% Not travel to destinations as far – 20% Pack lighter to reduce fuel usage – 19% Book eco-friendly accommodation – 17% Based on the responses, the UK as a collective would be willing to pay £3.36 billion to offset the carbon emissions of their holidays.While raising awareness of environmental issues is a positive to be taken from the pandemic, it’s also brought a number of challenges with it. 36% said COVID has made being environmentally friendly less of a priority to them and 15% said limited destinations have made it more difficult to be environmentally conscious when booking a holiday. With travel restrictions in place since March, 17% said their need for a holiday is simply more important to them than being environmentally friendly.  Ben Lynam, Head of Communications at theTravelFoundation commented on the research: “We are seeing a significant shift towards environmental consciousness as the pandemic accelerates a trend that was already gathering pace. Concern about the future, a slowing of pace and the need to find less crowded places have translated into demand for outdoor experiences and trips that have low impact, or ideally a positive impact on the environment. Smart businesses and destinations that intentionally respond to this shift will recover quicker and stronger.” 

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