PRESS RELEASE

For Immediate Release

Travel Business Roundtable Announces Its Support for The American Travel Promotion Act

WASHINGTON, D.C. - November 15, 2001 -- The Travel Business Roundtable (TBR) - a coalition of more than 60 CEOs representing all sectors of the travel and tourism industry - is pleased to announce its support of The American Travel Promotion Act (ATPA).

"This legislation proposes immediate assistance to state agencies responsible for marketing their state as a tourist destination, and provides an incentive for states to continue their marketing efforts during this economically challenging time," said Jonathan Tisch, Chairman of TBR and Chairman and CEO of Loews Hotels. "It’s a creative way to help states do their part to keep America moving."

TBR also acknowledges the ongoing support and leadership of the House Travel and Tourism Caucus, whose work on travel and tourism issues has helped generate ongoing solutions to many challenges facing the industry.

"We commend Rep. Mark Foley for introducing this legislation, and look forward to continuing our work with him on this, and other issues of importance to the industry," said Tisch.

TBR has continually supported private/public partnership efforts to underwrite national brand marketing initiatives. Earlier this year, TBR advocated the development of an aggressive brand marketing campaign among its legislative initiatives in Travel and Tourism: America’s Passport to the 21st Century. This publication was delivered to the Bush Administration and the 107th Congress in February.

The Travel Business Roundtable represents all sectors of the travel and tourism industry, including major airlines, hotels and lodging, restaurants, retail outlets, travel management companies, car rental companies, financial services institutions and others. The roster of members reflects the interdependence of all sectors of the travel and tourism industry and demonstrates the need to work collaboratively, especially during these challenging times.

Contact:
Rush Marburg
Travel Business Roundtable
(202) 530-4860

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