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AAHOA

Update for Wednesday, August 5

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.

 

CONTENT FOUND IN THIS UPDATE

  • AAHOACON20: Eligible voters should download the Voatz app; new how-to inforgraphic
  • WSJ: How the Senate’s small business chairman sees the PPP evolving
  • PPP Reminder: Program closes August 8, so get your application in now
  • Tomorrow’s Virtual Event: Florida Region – Advocacy & Tax Updates
  • Tomorrow’s Webcast: Getting Back to Business – Success Strategies, Part 3, Building and Revising Budgets in an Evolving Market

Eligible Voters: Download the Voatz App So You’re Ready to Vote + New How-to Infographic!

The virtual election for the 2020-21 Board of Directors is six days away and in order for you to be able to vote, you will need to ensure eligibility (watch this new video to show you how) in MyAAHOA and then download the Voatz app to your smartphone. Make sure you have confirmed your unique email address and phone number in MyAAHOA. Want to know how to do it? Access this brand-new infographic that will walk you through the five steps needed to get ready to cast your vote.

Everything AAHOA Members need to know about participating in the elections can also be found here, including a helpful video, links to download the app, a set of FAQ, and more. For questions about voting eligibility, members can email info@aahoa.com; for voting support, they should visit AAHOA.com/2020Elections.

WSJ: How the Senate’s Small Business Chairman Sees the PPP Evolving

Sen. Marco Rubio (R-FL) helped to spearhead legislation creating the $670 billion Paycheck Protection Program, one of the most expensive business-rescue frameworks in history. Rubio, who is chairman of the Committee on Small Business and Entrepreneurship, now seeks to steer even more resources to millions of already decimated companies.

Rubio sat down for an interview with The Wall Street Journal to discuss the small-business relief package that he and Sen. Susan Collins (R-ME) proposed July 27 that is now being negotiated with Senate Democrats. Read the full interview here.

Paycheck Protection Program Closes August 8, So Get Your Application in Now

The Paycheck Protection Program closes again on August 8, so it’s vital all members get your applications in as soon as possible. The PPP was passed by Congress as a part of the CARES Act to offer relief to small business owners damaged by the COVID-19 and was later amended by the PPP Flexibility Act. However, the program quickly ran out of money. Now, the House and the Senate have both passed new relief packages and are in the process of trying to find common ground.

To make sure your voice is heard, it is critical that you write your representatives and urge them to approve additional relief for small business owners in the upcoming Congressional package. See an FAQ about the program here and a summary of the lending thus far here.

 

Recent PPP Policy Updates:

Tomorrow’s Virtual Event: Florida Region – Advocacy & Tax Updates

Join us at 2 p.m. EDT tomorrow, August 6, for Florida Region – Advocacy & Tax Updates as Regional Director Bharat Patel hosts U.S. Representative Gus Bilirakis (FL-12), AAHOA Chairman Biran Patel, and AAHOA Director of State and Local Government Affairs Eric Reinarman for an update on advocacy and legislative efforts in the state of Florida. There also will be tax updates regarding property taxes, sales tax, and bed/lodging tax. You don’t want to miss this, so add this event to your calendar now.

Tomorrow’s Webcast: Getting Back to Business – Success Strategies, Part 3, Building and Revising Budgets in an Evolving Market

The coronavirus pandemic has forced businesses everywhere to revisit their 2020 and future budgets. Join us at 3 p.m. EDT tomorrow, August 6, to learn more about how to best update your current and future budgets while in a fluctuating market. Gain an understanding of how frequently you should revisit your budget and other factors to take into consideration. Don’t miss out. Register now.

 

Register Now for These Other COVID-19 Webcasts on the Schedule
 


View all of AAHOA’s COVID-19 webcasts here.