Senate Approves Amendment Pledging Support to Hospitality Industry

February 5, 2021
Senate Approves Amendment Pledging Supporting to Hospitality Industry

A bipartisan proposal geared toward assisting the travel and tourism industries passed a crucial first step with the U.S. Senate’s approval late this week. The measure, put forward by  U.S. Senator Catherine Cortez Masto (D-Nev.) and Kevin Cramer (R-N.D.), prioritizes the devastated hospitality sector, as Congress works through President Biden’s proposed $1.9 trillion stimulus package.

The amendment was passed as part of the Senate’s budget resolution, which marks an important step towards passing COVID-19 stimulus legislation, Cortez Masto’s office said. It is an assurance that the country’s top lawmakers will prioritize travel and tourism. The most practical measure of the legislation is that the amendment establishes a deficit-neutral reserve fund to support hospitality, conventions, trade shows, entertainment, tourism, and travel and their workers. 

“Our communities cannot afford to see these industries decimated, and I’m glad to have passed this bipartisan amendment to expand support for our struggling hospitality sector and provide relief for the workers in the industries hardest hit by this pandemic,” said Cortes Masto in a statement.

The senator’s home state of Nevada, and in particular, Las Vegas, has struggled mightily since the coronavirus gripped the nation last March. Several events scheduled for Las Vegas were canceled or moved elsewhere in 2020, forcing hotel closures and employee layoffs and furloughs. 

While a handful of events are going on as scheduled, the pandemic has pushed a lot of  hotels and event companies to the brink. Many are hoping to stay afloat long enough for vaccine distributions to not only inoculate the general public from the virus, but also the related fear of travel. 

Caesars, for instance, is scheduled to host MPI’s World Education Congress in mid-June. A few weeks earlier at Red Rock Casino Resort and Spa, in May, Connect also is scheduled to host a large industry show.  

These events, among some others scheduled in the first half of 2021, represent the beginnings of business travel picking up. 

Best guesses place the true rebound for events to begin in the fall before heating up in the winter. Until then, the many industries reliant on out-of-town guests are in need of the type of financial support proposed in the stimulus package.

The Go Live Together coalition, an advocate for federal assistance for those industries, sent out a release praising Cortez Masto and the action. Cortez Masto “understands the economic impact” on the industry and “has championed legislation in support of our industry.”

 

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Overview: The award-winning Orange County Convention Center (OCCC) goes the extra mile to make every day extraordinary by offering customer service excellence and industry-leading partnerships. From their dedicated in-house Rigging team to their robust Exhibitor Services, The Center of Hospitality brings your imagination to life by helping you host unforgettable meetings and events. With more than 2 million square feet of exhibit space, world-class services and a dream destination, we are committed to making even the most ambitious conventions a reality. In October 2023, the Orange County Board of County Commissioners voted to approve allocating Tourist Development Tax funding for the $560 million Phase 5A completion of the OCCC. The Convention Way Grand Concourse project will include enhancements to the North-South Building, featuring an additional 60,000 square feet of meeting space, an 80,000- square-foot ballroom and new entry to the North-South Building along Convention Way. “We are thrilled to begin work on completing our North-South Building which will allow us to meet the growing needs of our clients,” said OCCC Executive Director Mark Tester. “As an economic driver for the community, this project will provide the Center with connectivity and meeting space to host more events and continue to infuse the local economy with new money and expanding business opportunities.” Amenities: The Center of Hospitality goes above and beyond by offering world-class customer service and industry-leading partnerships. From the largest convention center Wi-Fi network to custom LAN/WAN design, the Center takes pride in enhancing exhibitor and customer experience.  The OCCC is the exclusive provider of electricity (24-hour power at no additional cost), aerial rigging and lighting, water, natural gas and propane, compressed air, and cable TV services. Convenience The Center is at the epicenter of the destination, with an abundance of hotels, restaurants, and attractions within walking distance. Pedestrian bridges connect both buildings to more than 5,200 rooms and is within a 15-minute drive from the Orlando International Airport. The convenience of the location goes hand-in-hand with top notch service to help meet an event’s every need. Gold Key Members The OCCC’s Gold Key Members represent the best of the best when it comes to exceptional service and exclusive benefits for clients, exhibitors and guests. The Center’s Gold Key memberships with Universal Orlando Resort, SeaWorld Orlando and Walt Disney World greatly enhance meeting planner and attendee experiences offering world-renowned venues, immersive experiences and creative resources for their events. OCCC Events: This fiscal year, the OCCC is projected to host 168 events, 1.7 million attendees, and $2.9 billion in economic impact.  The Center’s top five events during their 2022-2023 fiscal year included:  AAU Jr. National Volleyball Championships 2023 200,000 Attendees $257 Million in Economic Impact MEGACON 2023 160,000 Attendees $205 Million in Economic Impact Open Championship Series 2023 69,500 Attendees $89 Million in Economic Impact Sunshine Classic 2023 42,000 Attendees $54 Million in Economic Impact Premiere Orlando 2023 42,000 Attendees $108 Million in Economic Impact