financeLodging Magazine··1 min·For: Owner, Investor, GM
AAHOA Hoteliers Lobby Congress for $10M SBA Loan Caps
AAHOA members convened in Washington, D.C. to advocate for federal policies supporting hotel owners, including doubling SBA loan limits to $10 million. The delegation also pushed for lawsuit abuse reduction, joint-employer protections, and credit card fee competition.
Key Takeaways
- 1Hoteliers urged passage of the STRONG and LIONs Acts to raise SBA 7(a) and 504 loan limits from $5M to $10M.
- 2Legislative priorities included the Lawsuit Abuse Reduction Act to curb frivolous litigation against property owners.
- 3Members lobbied for the American Franchise Act and the Credit Card Competition Act to lower operational costs.
Source: Lodging Magazine
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