Department of Commerce pledges $750M to travel and tourism industry

Gina Rainmodo, secretary of the U.S. Chamber of Commerce, has pledged $750 million in funding for the travel and tourism industry.
Gina Raimondo, secretary of the U.S. Chamber of Commerce, has pledged $750 million in funding for the travel and tourism industry.

The U.S. Department of Commerce has pledged to invest $750 million in the travel and tourism industries.

The commitment was made by department secretary Gina Raimondo during a virtual forum organized by the American Hotel & Lodging Association (AHLA).

As reported by The Associated Press, Raimondo said the federal funds need to be used “flexibly” because tourism has very localized needs, suggesting that while some states may spend their share on venues, others may focus on marketing or recreation.

Other highlights of Raimondo’s appearance include a promise to be an advocate for opening key travel corridors to business travel and noting that easing travel restrictions was a priority for her, her department, and the Biden administration.

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