The American Hotel & Lodging Association (AHLA) issued the following statement on Dec. 20 in support of tax reform after the U.S. House of Representatives voted in favor of passing the revised legislation.
“We applaud Congressional leadership and all members of the U.S. House who voted for final passage of this tax reform legislation, which will help American businesses and strengthen our overall economy,” said AHLA Vice President of Government Affairs Craig Kalkut. “These tax cuts are key for the hotel industry, allowing it to continue to grow, create more jobs and strengthen local economies.
“Not only will hotels benefit, but so will their employees and guests,” Kalkut continued. “Many jobs in local communities are also dependent on a thriving hotel and tourism sector. We look forward to seeing tax reform signed into law to strengthen industries across the United States.”
So far, it appears that a majority of hotel and travel companies support the new tax bill.