USALI Recording Guidance Part 3: Government Loan Assistance

As a result of the current economic situation, entities that own or lease hotels are eligible to apply for and receive a loan under a government assistance program. An example of this is the Paycheck Protection Program (PPP) in the United States. This program requires the hotel to meet certain…

Relief to Help Hospitality Businesses Weather Economic Impact of COVID-19

It is not news that the world is seeing a period of economic decline unlike any it has ever seen. We are all experiencing it. In response to the stagnant economy brought on by the COVID-19 pandemic, the United States Federal Government has in the past month passed several relief…