AHLA Applauds Release of Tax Reform Proposal Allows Hotel Industry to Grow, Create New Jobs, Drive Economy
WASHINGTON, D.C. October 4, 2017 - President and CEO Katherine Lugar of the American Hotel & Lodging Association (AHLA) issued the following statement with today's release of the “United Framework” on tax reform policy issued by the Administration and Congress.
“AHLA applauds the Administration and Congressional Leaders for releasing a joint framework for tax reform which is so critical to ensuring businesses continue to grow jobs. We look forward to working with Congress and the White House to ensure swift action.
AHLA is supportive of efforts that allow our industry - and small businesses in particular - the ability to drive the national economy. With a strong and continuous record of economic growth, supporting 8 million jobs, and three out of every five hotels run by small business owners, the U.S. lodging industry is stronger than ever.
AHLA is focused on policies that enable hoteliers to operate on a level playing field and address important issues like tax rates for corporations and small businesses, as well as interest deductibility - to empower business growth, competitiveness, and entrepreneurism. We also believe our guests will benefit from lower individual tax rates which will give them more disposable income. Enacting smart and effective tax reform will allow businesses, families and individuals to be even stronger.”
About the American Hotel and Lodging Association
Serving the hospitality industry for more than a century, the American Hotel & Lodging Association (AHLA) is the sole national association representing all segments of the 8 million jobs the U.S. lodging industry supports, including hotel owners, REITs, chains, franchisees, management companies, independent properties, bed and breakfasts, state hotel associations, and industry suppliers. Headquartered in Washington, D.C., AHLA focuses on strategic advocacy, communications support, and educational resources for an industry that advances long-term career opportunities for employees, invests in local communities across the country and hosts more than one billion guests' stays in American hotels every year. AHLA proudly represents a dynamic hotel industry of more than 54,000 properties that supports $1.1 trillion in U.S. sales and generates nearly $170 billion in taxes to local, state and federal governments. Learn more at www.AHLA.com.
Contact:
Rosanna Maietta
[email protected]
202-289-3144
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