27 Mar Travel Leaders Group CEO J.D. O’Hara on Passage of the Stimulus Bill
New York, NY (March 27, 2020) — J.D. O’Hara, Chief Executive Officer of Travel Leaders Group, the largest travel agency organization in North America, issued the following statement in response to the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act (the “CARES Act”) and the advocacy efforts of the American Society of Travel Advisors:
“Travel Leaders Group congratulates the American Society of Travel Advisors (ASTA) on its successful advocacy efforts in winning support for travel agencies and small businesses. We are pleased to see that Congressional leadership and the Administration recognized the vital importance of travel agencies and travel advisors to the recovery of the travel industry and the economy as a whole.
The CARES Act provides several paths for economic help for travel advisors, including offering a variety of direct business loans, loan guarantees, deferral of taxes, direct cash payments to individuals, as well as substantial expansion of unemployment benefits.
Now that the legislation has been passed by the Senate and House of Representatives, we look forward to the enactment of the regulations. ASTA is to be commended for spearheading an effective lobbying and grassroots victory. Thousands of travel advisors around the country heeded ASTA’s call and made their voices heard.”
About Travel Leaders Group
Travel Leaders Group (www.TravelLeadersGroup.com) is transforming travel with a commitment to our vacation and business travel clients through our progressive approach toward each unique travel experience. Having already assisted millions of travelers, Travel Leaders Group manages leisure, business and franchise travel operations under a variety of diversified divisions and brands. With over 6,000 agency locations, Travel Leaders Group ranks as one of the industry’s largest travel agency companies.