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AAHOA

AAHOA is bringing you the latest information as it relates to COVID-19 and your business.

Help AAHOA help hotel owners by sharing this update with owners in your network, whether they're AAHOA Members or not. Turn to AAHOA's Facebook, LinkedIn, and Twitter accounts for the latest.

Please be sure to read the latest information you receive from brands. As the situation rapidly changes, they're sending out communications to franchisees often. 

 

CONTENT FOUND IN THIS UPDATE

  1. Take Action: The Keep American Workers Employeed Act
  2. Listen Now: President Trump's message to small business owners
  3. CISA: covid-19: Critical infrastructure updates
  4. SBA Loans: Updates to the Economic Injury Disaster Loan Program
  5. Call to Action: State and local leaders need to hear your story
  6. Webcast Series: Seven webcasts slated for next week (with more on the way)
  7. Volunteer Your Property: Government hotel procurement for COVID-related purposes
  8. AAHOA Members in Action: Stepping up in time of need

Make Your Voice Heard on the Keep American Workers Employed Act
Congress convened over the weekend to discuss legislation intended to provide stimulus for the American economy, called the Keep American Workers Employed Act. Many of you have already written to your officials in the last 48 hours. In the current working draft of the Keep American Workers Employed Act, the maximum loan amount for small businesses to meet payroll and other operating expenses will not cover nearly enough. Congress is moving quickly, and we urge you to sign this letter to your Senators now to ensure America's hotel owners' voices are heard loud and clear during the voting process.
Sign the Letter Today!

What this means for you: The maximum loan amount for small businesses intended for payroll and operating costs under Section 1102 is the average total monthly payroll times 2.5. This is not nearly enough. Local small business hoteliers will not be able to pay employees if they can’t cover any part of their mortgage (let alone other expenses). We are requesting that multiplier to be at least 4x. Sign the letter now.

President Trump's Message to Small Business Owners
On Friday, March 20, the AAHOA Board of Directors joined a listening session where President Trump and other officials addressed America’s entrepreneurs and small business owners on the latest developments related to COVID-19. Topics included government response for entrepreneurs, tax credits, and how America’s small business owners can keep their doors open. The administration is cutting red tape to make it easier for impacted small businesses to apply for Economic Injury Disaster Loans, up to $2 million dollars, in addition to changing policies so payments are deferred up to one year on Economic Injury Loans and can be deferred up to six months on standard SBA loans. At its peak, the SBA’s website had 2 million hits per hour, and they’re expanding efforts to further increase its capacity and expediently respond to the small business community. Small business can apply for loans directly at SBA.gov.
Download and playback the entire listening session here.

What this means for you: The U.S. government is hard at work to expand capacity and cut red tape to keep America’s entrepreneurs afloat during these difficult times. With updated policies, the SBA is making it easier for you to apply for loans and receive the critical resources needed at this time.

Cisa Releases Guidance on Essential Critical Infrastructure Workers During Covid-19
According to the Department of Homeland Security, the Cybersecurity and Infrastructure Security Agency (CISA) released guidance to help state and local jurisdictions and the private sector identify and manage their essential workforce while responding to COVID-19.

“As the nation comes together to slow the spread of COVID-19, everyone has a role to play in protecting public health and safety. Many of the men and women who work across our nation’s critical infrastructure industries are hard at work keeping the lights on, water flowing from the tap, groceries on the shelves, among other countless essential services,” said Christopher Krebs, CISA Director. “As the nation’s risk advisor, this list is meant to provide additional guidance to state and local partners, as well as industry, building on the President’s statement that critical infrastructure industries have a special responsibility to keep normal operations. We’re providing recommendations for these partners as they carry out their mission to keep their communities safe, healthy, and resilient. And on behalf of CISA, we thank the brave men and women who continue these essential jobs in challenging times.”


For more information on policy developments in your community, visit MultiState Associates' COVID-19 Policy Tracker. Additionally, here is a Critical Infrastructure Worker letter template for you to consider using for your employees. AAHOA cannot give legal advice, and recommends you review the letter with your attorney before proceeding.
More Information

What this means for you: Hotels are important in providing lodging to the general public as well as other essential personnel (doctors, nurses, healthcare providers, grocers, etc.) during this pandemic. Hotels are also stepping up across the nation to provide shelter to citizens at this critical time. AAHOA is closely monitoring federal and state executive actions limiting business activity and will continue to keep you updated.

Updates: Economic Injury Disaster Loan Program
AAHOA has released an updated list of designated states where small business owners are currently eligible to apply for a low-interest loan due to Coronavirus (COVID-19). Find more information on the SBA’s Economic Injury Disaster Loans at: SBA.gov/Disaster.

The SBA will work directly with state Governors to provide targeted, low-interest loans to small businesses and non-profits that have been severely impacted by the Coronavirus (COVID-19). The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
Download the List

What this means for you: More states approved mean more resources for America’s small business owners. If your state is on the list, research available options. AAHOA will keep you apprised of future developments.

State and Local Leaders Need to Hear Your Story
In every state, city and town, America's hardworking hoteliers and employees are hurting from COVID-19. AAHOA is working around the clock to advocate for our members during this difficult time. Tell your state and local leaders to support hoteliers! AAHOA’s made it easy with our State and Local Advocacy COVID-19 Toolkit. This toolkit is another resource you can use to connect with your state and local officials.
Download the Toolkit

What this means for you: Your voice counts, and every letter makes a difference! AAHOA is making it easy for you to reach out to your state and local officials, and financial institutions. Use this toolkit to make an impact.

Seven Webcasts Airing Next Week
AAHOA series of COVID-19 webcasts that will keep you informed and help determine next steps for your business. AAHOA is making these webcasts available to the entire industry, so be sure to share with those in your network, whether they're an AAHOA Member or not.

Read the latest reporting on these webcasts from Hotel Management and Hotel Business.

Upcoming Webcasts


What this means for you: With a current total of seven webcasts scheduled for next week, AAHOA is averaging more than one webcast a day to help hotel owners amid this crisis. And our work isn’t done! Stay tuned for the latest webcasts to be released in the coming days. What’s different about AAHOA’s resources is that they’re created specifically for hotel owners.

Government Hotel Procurement for COVID-Related Purposes
AAHOA is actively working with our partners in government and industry as it relates to State, Local, and Federal outreach to hotel owners regarding leasing/purchasing of hotels to meet the demand for immediate housing of individuals impacted by COVID-19. Please fill out this form is you might be interested in volunteering your property, and look to your inbox for more in the coming days.
Fill Out the Form

What this means for you: Across the country, communities are looking for hotels to help with housing needs. Each state and locality has a different agreement to offer in terms of sanitation and room rates. If you are interested in helping, please fill out our form, and AAHOA will ask officials in your community to contact you with information.

AAHOA Members Step Up in Time of Need
We know hotels around the nation are in crisis mode as it relates to their businesses, but in true AAHOA spirit – even with everything going on at the moment – our members rise to the occasion and show up for their communities and employees in time of need.

AAHOA Lifetime Members Pintu and Manisha Patel, owners of the Holiday Inn Express Santa Fe, answered an urgent plea for medial equipment and supplies for the Christus St. Vincent Medical Center in Santa Fe (right). And AAHOA Member Vinay Patel, Principal of SREE Hotels, is also providing meals to their inactive employees and their immediate family members during the COVID-19 downturn (left). Thank you to Pintu, Manisha, and Vinay – and the countless AAHOA members out there – who are making a difference.

What this means for you: Amid this crisis, it’s amazing to see AAHOA Members making a difference and impacting their communities. If you have a story to share, please email AAHOA at pr@aahoa.com. We’d love to hear about it.