Hotel Laundry Operators: Look for Sunnier Skies in ’21

06/04/2020

U.S. hotel laundry operators were rocked earlier this year by COVID-19 pandemic-related lockdown orders that squelched travel, especially business and leisure travel in March and April. But the good news is – notwithstanding the X-factor of today’s urban unrest – that hotels, particularly higher-end hotels, could recover in 2021 as robust demand drives spending.

Senate Passes Changes to PPP Loan Program

06/04/2020

On Wednesday evening, the U.S. Senate unanimously passed changes to the Paycheck Protection Program (PPP) that would allow small businesses more flexibility in using the rescue loan funds. The bill, which passed the House last week on a 417-1 vote, now heads to President Donald J. Trump’s (R) desk for his signature.

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