Hotels in Montgomery County will soon have the opportunity to receive more relief funds, thanks to the American Rescue Plan Act.
County Executive Marc Elrich announced the fourth round of hotel relief funds at a press conference on Wednesday. Hotels with 10 or more rooms or bed and breakfasts with five or more rooms can apply.
Applications will be accepted July 1-22 according to the county application page. Elrich said the funds will come from money the state received through the US bailout, which was federal legislation Congress passed in March 2021 to provide relief to the economy amid the coronavirus pandemic.
Qualifying hotels will receive $500 per bedroom, Elrich said. Scott Peterson, a spokesperson for Elrich, said $2.69 million was available in this round of funding.
Hotels and motels must be in good standing with the State of Maryland and demonstrate a revenue loss of 25% or more from September 2021 through January 2022 compared to revenue from September 2019 through January 2020, as required by the application.
Businesses can use the funds for normal operating costs, or for personal protective equipment, sanitation costs or other pandemic-related expenses.
Elrich said that, like other hospitality businesses, the hospitality industry has been hit hard by the pandemic. About 12% of the county’s workforce is employed in the hospitality industry, he said.
“The World Tourism Organization has predicted that this sector will not fully recover until 2024,” Elrich said. “It is therefore imperative that we continue to help where we can.”
Steve Bohnel can be reached at [email protected]