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“It’s not like a light switch – it’s more like a dimmer in how things are coming back,” says Connecticut Convention & Sports Bureau President Robert Murdock.
Travel’s economic footprint in the U.S. declined by 42% last year, from $2.6 trillion in 2019 to $1.5 trillion, according to the U.S. Travel Association.
“This new funding will help small businesses keep their doors open," declared U.S. Sen. Chris Murphy (D-Connecticut).
The convention business “will take a while before coming back,” said Robert Murdock, president of the Connecticut Convention & Sports Bureau. “It’s really all about safety right now, and getting the virus under control.”
The timing of the Nov. 3 election “isn’t helping things,” says Connecticut Restaurant Association Executive Director Scott Dolch. “Neither side wants to give the other side a win, unfortunately.”
Although one national forecast says that domestic travel spending will drop 40% this year, Connecticut Office of Tourism Director Randy Fiveash maintains that Connecticut's hospitality sector is “a very resilient industry,” and predicted that thousands of lost jobs will quickly be filled as the summer goes on.
“We are starting to plan for our economic recovery and continue to look to book events over the next couple of years,” says Thomas Madden, Connecticut Convention & Sports Bureau chair and Director of Economic Development for Stamford.