The hotel industry is coming to White House hat in hand as the coronavirus pandemic has chilled global travel. The American hospitality industry asked the Trump administration for a $150 billion bailout on Tuesday, warning that without the additional cash half of the hotels throughout the country may be forced to close this year, the Wall Street Journal reported. “The coronavirus has already had a more severe economic impact on the hotel industry than Sept.
source https://therealdeal.com/2020/03/18/hotel-industry-seeks-150b-bailout-as-marriott-begins-furlough/
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