Shareholder David E. Gould Sheds Light on the DATA Act and its Possible Effects on the Hospitality Industry in Law360

Approved on Monday by the U.S. House of Representatives and passed by the Senate Committee on November 6, the Digital Accountability and Transparency Act (DATA) could create a “more open system for tracking agency spending,” reported an article published in Law360.

The article titled, “Hotel Market Braces for DATA Act Repercussions,” indicated that the upscale hotel market could feel the effects of the law, but could possibly provide new opportunities for low to midscale hotels and spur new compliance in the hospitality industry.

“Specifically, the availability of the information about government-related hotel spending ... could lead to more frugal accommodations and amenities being purchased with taxpayer dollars due to the newly public nature of the information,” David Gould told Law360.

Law360 notes that the DATA Act is still uncertain, so for now, the hotel and travel industries continue to lobby against the bill. 

Read the full article – “Hotel Market Braces for DATA Act Repercussions” (Law360, November 21, 2013)