This Will Be Worst Year Ever for Hotels, Says AHLA's Rogers

The transcript discusses the severe challenges faced by the hotel industry due to the pandemic, highlighting the need for government assistance and the critical role of business travel in revenue recovery. It emphasizes the importance of vaccines, therapeutics, and testing for economic rebound, and critiques the effectiveness of government stimulus programs like the PPP and Main Street Lending Act. The conversation also touches on the need for grants and loan forgiveness to support asset-heavy businesses and the potential impact of Treasury policy changes.

What are the expectations for the second half of next year in terms of event planning?

What is the significance of business travel for hotels according to the text?

What changes are being requested regarding the Main Street Lending Act?