Press release from the National Restaurant Association.
Bill Will Provide Needed Boost for America’s Restaurant Industry
March 04, 2010
Contact: Sue Hensley (703) 582-8679, Maureen Ryan (202) 331-5939
(Washington, D.C.) – The National Restaurant Association today celebrated a major victory for the restaurant and hospitality industries as President Obama signed the first-ever Travel Promotion Act into law during a signing ceremony at the White House. The legislation provides resources to promote international travel to the United States.
“This is a significant achievement for the restaurant and hospitality industries,” said Scott DeFife, Executive Vice President for Policy and Government Affairs for the Association. “Restaurateurs depend on travelers, with some segments of the industry attributing as much as 40 percent of annual sales to visitors. The Travel Promotion act will encourage more international travel and is expected to boost restaurant industry sales, which will spur job growth and help grow the economy.”
The Travel Promotion Act creates a public-private partnership campaign to aggressively market the U.S. as a premier travel destination overseas, with the goal of increasing the number of international visitors into the country. The National Restaurant Association has long supported legislation to help attract more international visitors and establish the United States as a travel destination. Roughly half of all travelers report that they dine out when they travel, and dining out is the most popular activity planned after tourists arrive at a destination.
Free WOTC Eligibility Analysis
You need information you can act on! Request a free review of your company’s WOTC eligibility.
We’ll research your company’s unique circumstances and eligibility factors. You’ll get a realistic customized estimate of how much tax credit to anticipate.
Let us answer your questions! There is no risk and no commitment.
Begin now! Use the form to request everything you need.