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Georgia Hotel Relief Grant Program Application Period Begins This Month

Tax Development May 15, 2023

Georgia Hotel Relief Grant Program Application Period Begins This Month

In an effort to rebuild the hospitality industry and stabilize the workforce, the state of Georgia has created a Hotel Relief Grant Program for hotel owners who can demonstrate a negative economic impact as a result of COVID-19. Georgia’s hotel industry was heavily impacted by the pandemic, and the funds are designed specifically to get employees back to work and assist with operational expenses.

Eligible Georgia hotels can participate by showing at least 15% RevPAR loss from 2019 to 2020. RevPAR is the revenue generated per room regardless of rooms being occupied and is calculated by dividing total room revenue by total rooms available. Those with multiple properties will need to apply on a property-by-property basis.

The application period begins May 15. The local Ryan team is available to answer questions and assist you with applying to the program.

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