that would provide $20 billion in grants to support hotel worker payroll and benefits expenses. The legislation would require recipients to give laid-off employees recall rights so they can return to work and would claw back funds if operators didn't follow the bill's guidelines.
"Part of our job is to remind people that this industry could never survive on leisure travel alone even under the best-case scenario," he said. "While you see people taking vacations, we recognize that until large meetings and conventions come back and until traditional business travel comes back that we're not going to be able to fully recover. That's why the help is needed.
Lobbyists admit it will be a challenge to convince lawmakers to spend billions of dollars more on businesses that have survived the pandemic this long. of North Carolina, the top Republican on the House Financial Services Committee. “We should be focused on addressing the current issue facing employers: not enough workers applying to fill the positions that keep their businesses running.”
Source: Loan News Today (loannewstoday.net)
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