|
News to Know
The US Government Shutdown's $6 Billion Toll on Travel and the Economy
SOURCE: 4HOTELIERS, 1/16
Federal government shutdowns are more than political standoffs, they create immediate, measurable disruptions to America’s travel system, affecting both the supply of travel services and Americans’ ability and willingness to travel.
They are felt in airports, in hotel lobbies and in communities across the country that depend on travel to support jobs and economic activity. The latest shutdown resulted in more than $6 billion in economic losses, driven by workforce strain, operational slowdowns and suppressed demand.
|
