COVID-19 Relief Package: What it Means for U.S. Travel Industry
U.S., March 27 -- What will the passage of the COVID-19 Relief Package known as the CARES Act mean for the U.S. Travel Industry? The President and CEO of the U.S. Travel Association , Roger Dow, issued the following statement sharing his views:
"The Phase 3 relief package passed by Congress this week is a great first step in this process, and comes at a time when the American travel industry is facing catastrophic economic disaster, with almost six million travel-supported jobs expected to be lost in the next five weeks.
"We call upon the Department of the Treasury and the Small Business Administration to expedite the rulemaking process-within 10 days-to get this money out the door into the hands of those who so desperately need it. Bus...
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