$58M Government Shutdown Impact
US hotels are losing $57.6M every week the government shutdown continues, we learned from the American Hotel & Lodging Association, which along with hoteliers nationwide sent a letter to President Obama and all 535 members of Congress pressing for resolution. AH&LA CEO Katherine Lugar (right) says the industry's ability to grow is "hamstrung by inaction from our policymakers." Communities near national parks are hit especially hard, losing $76M per day in visitor spending and the cancellation of trips, the org notes. AH&LA also issued a statement urging the House to examine the current definition of full-time employment in the Affordable Care Act (30 hours/week) and its impact on small businesses nationwide. It's advocating for increasing the definition to keep more in line with current employment practices.
