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Connecticut Lodging Association
Coronavirus Update 5/13/2021
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ACTION ALERT: SB 668 AN ACT CONCERNING A FAIR WORK WEEK SCHEDULE |
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We are alerting you to a Senate Bill 668 that concerns the lodging industry. As outlined below the bill contains many items that could negatively impact businesses in Connecticut. This bill is currently directed toward employers with 250 or more employees, however a similar bill was raised in 2020 for smaller employers and we can certainly anticipate potential legislation that would affect many lodging properties in the future.
We urge you to contact your local legislator and express your opposition to SB 668.
The bill includes the following:
- Schedule hourly workers 14 days in advance. If the employer cancels or reduces the shift 1) after the employee comes to work, or 2) less than 14 days in advance, the employer must pay the employee a portion of their regular pay rate.
- In addition, if an employer wants an employee to return to work inside 11 hours from the end of their previous shift, they would need a written letter for each occurrence and the employer would need to pay the employee time and a half for that shift.
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Attend Revenue Strategy Forum; Invest in The Industry
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Duetto will host the Revenue Strategy Forum North America on May 19th. Join leaders fromAmazon Web Services, Benchmark Resorts & Hotels, citizenM, Duetto, Dragonfly Strategists, and more as they discuss ways to master the new rules of revenue strategy.
Duetto is requesting that attendees support the hotel industry with a donation to the AHLA Foundation in lieu of a registration fee for the event. The AHLA Foundation’s mission is to help people build careers, improve their lives, and strengthen the lodging industry. Duetto will match donations up to $2,500.
The virtual conference will bring together industry thought leaders and practitioners to examine the forces reshaping hospitality today and share innovations for navigating success through uncertainty. During this event, attendees will tap into hospitality professionals who will help elevate their perspective of revenue strategy while addressing data, marketing, and technology.
May 19, 2021
8:30 AM PT / 11:30 AM ET
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Interim Final Rule to implement the Coronavirus State Fiscal Recovery Fund and the Coronavirus Local Fiscal Recovery Fund established under the American Rescue Plan Act |
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The U.S. Department of the Treasury has announced the launch of the Coronavirus State and Local Fiscal Recovery Funds, established by the American Rescue Plan Act of 2021, to provide $350 billion in emergency funding for state, local, territorial, and Tribal governments. Treasury also released details on the ways funds can be used to respond to acute pandemic-response needs, fill revenue shortfalls among state and local governments, and support the communities and populations hardest-hit by the COVID-19 crisis. Below you will find links to download the Interim Final Rule and Fact Sheet. |
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STR, TE upgrade latest U.S. hotel forecast |
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Underpinned by stronger-than-expected demand during Q1, STR and Tourism Economics upgraded the latest U.S. hotel forecast just released at the Hunter Hotel Investment Conference. Even with 2021 projections higher, full recovery of demand remains on the same timeline for 2023, while close-to-complete recovery of revenue per available room (RevPAR) is still projected for 2024.
“The next stage of the U.S. travel recovery has commenced,” said Adam Sacks, Tourism Economics president. “An effective vaccine rollout and generous fiscal stimulus will drive the fastest single-year economic expansion in nearly 40 years. Leisure travel demand is gathering strength with substantial recovery in sight for many markets. However, transient business, group and international travel face continued headwinds, and a full recovery will take several years.”
“The expectations for the upcoming summer months have been strong for some time, but the year got off to a better start than anticipated as vaccinations expanded and consumers flush with savings felt ready to jump back into the experiences that were put on hold over the past year,” said Amanda Hite, STR president. “As we saw in late March and early April, leisure continues to be the primary source of demand although improving weekday occupancies indicate that some business travel is back in the marketplace. What remains furthest off from meaningful recovery is group business, but there is hope for upward movement in that segment as more events get back on the books. Until that point, big-box hotels and markets heavily reliant on conventions will continue to lag, keeping total industry recovery to 2019 levels in the distance. As we saw in our latest monthly P&L data release, the industry has only recently reached 50% of pre-pandemic GOP levels.” Read more.
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