Memorial Day weekend deals latest economic blow to travel industry | TheHill

The travel industry is bracing for a dismal Memorial Day weekend, as many Americans are either unwilling or unable to visit popular destinations around the U.S.

We need help significantly,” said Chip Rogers, CEO of the American Hotel and Lodging Association (AHLA).

Travel Association has called for PPP changes as well as a temporary travel tax credit of up to $4,000 per household.

Only 3 percent of people said they would take a vacation a month from now, according to a recent survey conducted by The Harris Poll.

The industry has stressed safety and sanitation in pushing to get people to travel again.

Travel predicts Americans will spend just over $4 billion this holiday weekend compared to over $12 billion during the same period last year.

airports has dropped more than 90 percent compared to last year, according to data from Airlines for America.

Overall, Memorial Day travel this year is “likely to set a record low,” according to AAA.

For Airbnb, occupancy rates are just shy of 38 percent for Memorial Day, compared to over 56 percent last year, according to data from AirDNA.