Travel Tech calls on Senate Finance Committee and travel tech industry members to take action.
Wednesday, June 11, 2025 — The Travel Technology Association (Travel Tech), a non-profit organization dedicated to promoting and protecting the travel technology industry, sent a letter to the Senate Finance Committee today urging it to make permanent the full and immediate expensing of R&D investments and bonus depreciation in its budget reconciliation bill. The Senate Finance Committee will soon consider this legislation in order to meet its self-imposed July 4th full Senate passage deadline.
The House-passed reconciliation bill, H.R. 1, the One Big Beautiful Bill Act, extended R&D expensing and bonus depreciation for only five years. However, the permanence of these provisions is essential. Without permanence, travel tech companies, both large and small, will face difficulties in planning multi-year investments in technologies such as artificial intelligence (AI) and machine learning. These innovations are transforming customer expectations and market dynamics in the travel industry.
“Permanent R&D expensing and bonus depreciation tax provisions directly enhance the ability of travel technology platforms to deploy new features faster, improve system performance, and compete in the global travel marketplace driven by speed, scale, and service reliability,” said Laura Chadwick, president & CEO of Travel Tech. “These permanent tax provisions are essential to support innovation in the travel technology industry as it develops and deploys new AI-based tools.”
Federal R&D expensing allows businesses to immediately deduct the full cost of qualified research and development activities from their taxable income in the year the expenses are incurred. This accelerates tax savings, improves cash flow, and encourages innovation by reducing the after-tax cost of developing new products, technologies, or processes.
Bonus depreciation is a tax incentive that allows businesses to immediately deduct a large percentage of the cost of qualifying capital investments, like equipment, machinery, or certain software, in the year the asset is placed in service, rather than spreading the deduction over several years.
Travel Tech previously issued an “Action Alert” encouraging its members and industry stakeholders to contact their Senators to support permanent R&D tax expensing and bonus depreciation through its Policy Action Center. Travel Tech has pre-drafted a letter on these issues for industry members to easily send to their representatives directly from its Policy Action Center.
Learn more about Travel Tech’s policy priorities and take action to support Permanent R&D Expensing by visiting Travel Tech’s Policy Action Center.
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The Travel Technology Association (Travel Tech) empowers traveler choice by advocating for public policy that promotes marketplace transparency and competition. Travel Tech represents the leading innovators in travel technology, including online travel agencies, metasearch engines, short-term rental platforms, global distribution systems, and travel management companies.
To schedule an interview with a Travel Tech spokesperson, contact Bradford Williamson of Glen Echo Group at 202.870.3234 or bwilliamson@glenechogroup.com.
Travel Tech calls on Congress to make permanent R&D expensing and pass S. 695, the Small Business Investment Act of 2025
Wednesday, June 4, 2025 — The Travel Technology Association (Travel Tech), a non-profit organization dedicated to promoting and protecting the travel technology industry, released two “action alerts” calling on travel technology industry members to communicate directly with their elected representatives and show support for key Travel Tech public policy priorities in the Senate’s reconciliation package, including pro-innovation tax reforms like permanent R&D expensing and bonus depreciation and support for S. 695, the Small Business Investment Act of 2025.
“Making full R&D expensing and 100% bonus depreciation permanent—and modernizing Qualified Small Business Stock (QSBS) rules through S. 695—will give startups the certainty and flexibility they need to attract investment, scale quickly, and compete globally. We urge the Senate to include these critical provisions in reconciliation to empower the next generation of travel technology innovators,” stated Laura Chadwick, President and CEO of Travel Tech.
Startups and high-growth companies depend on stable tax policies to drive innovation and growth. However, current rules that require amortizing R&D expenses over several years hinder long-term planning and investment. While the House-passed reconciliation bill temporarily restores full domestic R&D expensing and extends 100% bonus depreciation through 2029, Travel Tech is calling on the Senate to make these provisions permanent, thus encouraging private-sector innovation and maintaining U.S. competitiveness.
At Travel Tech’s inaugural Start-Up Summit, Wright Ricketts, Legislative Director for Rep. David Kustoff (TN-08), discussed H.R. 1199, the Small Business Investment Act of 2025 and how it will help attract more investment in start-ups. Its Senate companion bill, S. 695, the Small Business Investment Act of 2025, was introduced by Senator John Cornyn (R-TX) and aims to improve access to capital for start-ups and early-stage businesses. If passed, the bill would modernize Qualified Small Business Stock (QSBS) rules by reducing its holding period from 5 years to 3 years, extending the eligibility of S corporations and allowing start-up investors to convert debt into equity and still qualify for the same tax benefits.
Learn more about Travel Tech’s policy priorities and take action to support Permanent R&D Expensing and Bonus Depreciation and S. 695, the Small Business Investment Act of 2025, by visiting Travel Tech’s Policy Action Center.
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The Travel Technology Association (Travel Tech) empowers traveler choice by advocating for public policy that promotes marketplace transparency and competition. Travel Tech represents the leading innovators in travel technology, including online travel agencies, metasearch engines, short-term rental platforms, global distribution systems, and travel management companies.
To schedule an interview with a Travel Tech spokesperson, contact Bradford Williamson of Glen Echo Group at 202.870.3234 or bwilliamson@glenechogroup.com.
Thursday, May 15, 2025 — Today, Brandon Palumbo, Director of Policy & Government Relations at the Travel Technology Association, released the following statement:
“Travel Tech welcomes the House’s progress on key tax provisions supporting small and mid-sized businesses in the travel technology industry. Making the Section 199A pass-through deduction permanent and restoring 100% bonus depreciation are important steps that will help our members, especially startups and SMBs, reinvest, grow, and create jobs.”
“While the temporary suspension of amortization for domestic R&D expenses through 2029 is a meaningful step, we continue to support permanent full R&D expensing to ensure that U.S. innovators can remain globally competitive. Travel Tech also encourages Congress to consider permanent bonus depreciation, which would give companies the long-term certainty they need to plan investments and scale their operations.”
“We appreciate congressional leadership’s recognition of the policy tools that enable small businesses to thrive and remain committed to working with both chambers to promote a competitive, innovation-friendly tax environment for the travel technology sector.”
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The Travel Technology Association (Travel Tech) empowers traveler choice by advocating for public policy that promotes marketplace transparency and competition. Travel Tech represents the leading innovators in travel technology, including online travel agencies, metasearch engines, short-term rental platforms, global distribution systems, and travel management companies.
To schedule an interview with a Travel Tech spokesperson, contact Bradford Williamson of Glen Echo Group at 202.870.3234 or bwilliamson@glenechogroup.com.
Thursday, May 8, 2025 — Yesterday, the Travel Technology Association (Travel Tech) hosted its inaugural Start-Up Summit and second annual Policy & Innovation Showcase. The events brought together Travel Tech member companies, policymakers, early-stage start-ups, and experts to highlight the industry’s ongoing work to make the travel experience more transparent, competitive, and innovative for consumers.
The day kicked off with Travel Tech’s inaugural Start-Up Summit. Attendees heard from various experts. Wright Ricketts, Legislative Director for Rep. David Kustoff (TN-08) discussed H.R. 1199, the Small Business Investment Act of 2025 and how it will help attract more investment in start-ups. Matthew Stevens, Deputy Associate Administrator of the Small Business Administration’s Office of Investment and Innovation highlighted the many resources the agency offers through its local partners and programs. Matt Zito, Managing Partner at TSi, Cara Whitehill, Vice President at Thayer Investment Partners, and Tomasz Pawliszyn, CEO of AirHelp shared strategies for scaling startups, with a focus on maximizing angel investment and preparing for venture capital.
That evening, more than 150 people joined Travel Tech and its members for the second annual Policy & Innovation Showcase, including Members of Congress and their staff.
“The Travel Tech Association was founded in 1999 to support the original innovators in travel technology—many of whom are now household names,” said Laura Chadwick. “We were proud to bring together both these pioneers and the newest generation of innovators in D.C. to highlight the intersection of travel, technology, and policy.”
Travel Tech CEO Laura Chadwick moderated a conversation on sports tourism and the role of travel technology platforms in enhancing fans’ travel experiences. The panel included Meg Kane, CEO of the Philadelphia World Cup Host Committee; Becky Foley, Vice President and Head of Trust & Safety at Tripadvisor; and Nathan Rotman, Director, North American Policy Strategy at Airbnb.
Brandon Palumbo, Travel Tech’s Director of Policy and Government Relations, led a discussion on how public policy can address startups’ needs, joined by Cara Whitehill (Thayer Investment Partners), Tomasz Pawliszyn (AirHelp), and Branda Fan (Nowy).
Later in the evening, Travel Tech, joined by Chase Travel Group, presented Travel Tech’s Innovation Leadership Award to Sen. Amy Klobuchar (D-MN) and Rep. Gus Bilirakis (R-FL-12) for their leadership in championing innovation in the travel industry.
The Travel Technology Association (Travel Tech) empowers traveler choice by advocating for public policy that promotes marketplace transparency and competition. Travel Tech represents the leading innovators in travel technology, including online travel agencies, metasearch engines, short-term rental platforms, global distribution systems, and travel management companies.
To schedule an interview with a Travel Tech spokesperson, contact Bradford Williamson of Glen Echo Group at 202.870.3234 or bwilliamson@glenechogroup.com.
Monday, April 28, 2025 — Today, Laura Chadwick, President and CEO of the Travel Technology Association, released a statement on the passage of H.R.1479, the Hotel Fees Transparency Act of 2025 in the House.
“Travel Tech applauds the House for passing H.R. 1479, the Hotel Fees Transparency Act of 2025, which will require consumers to be shown the total price up-front for hotel rooms and other places of short-term lodging, inclusive of the nightly rate and all mandatory fees. This bill and its Senate companion, S.314, set one national standard on what constitutes a ‘total service price’ and how it must be displayed, giving consumers clarity regardless of where or how they book lodging accommodations.”
“We thank Reps. Young Kim (CA-40), Kathy Castor (FL-14), Russell Fry (SC-07), and Kevin Mullin (CA-15) for their leadership and support on this bipartisan, common-sense legislation.”
“Travel Tech has been a vocal advocate of the Hotel Fees Transparency Act of 2025 and previously issued a letter of support for the reintroduction of S.314, the Senate companion bill to this legislation, which has since passed out of the Senate Commerce Committee. We strongly encourage the Senate to bring S.314 to a full floor vote and send this bill to the President’s desk for his signature.”
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The Travel Technology Association (Travel Tech) empowers traveler choice by advocating for public policy that promotes marketplace transparency and competition. Travel Tech represents the leading innovators in travel technology, including online travel agencies, metasearch engines, short-term rental platforms, global distribution systems, and travel management companies.
To schedule an interview with a Travel Tech spokesperson, contact Bradford Williamson of Glen Echo Group at 202.870.3234 or bwilliamson@glenechogroup.com.
Panels will focus on public policies needed to support tourism and major sporting events and the newest generation of travel tech innovators
Wednesday, April 16, 2025 — Today, the Travel Technology Association (Travel Tech), a non-profit dedicated to promoting and protecting the travel technology industry, announced the panel discussions they will hold at their second annual Policy and Innovation Showcase on Wednesday, May 7th from 5:00 to 7:00 pm in the Cannon Caucus Room.
“We are excited to offer two panel discussions at Travel Tech’s Policy & Innovation Showcase this year. With the 2026 FIFA World Cup and the 2028 LA Olympics on the horizon, we’ll discuss preparations for these events and how policymakers can support their success,” said Laura Chadwick, president & CEO. “Attendees will learn from our second panel about public policies needed to support travel tech start-ups.”
First Panel (5:10 to 5:30 pm): “From Stadium to Stay: Building a Better Travel Experience to Support Mega Sports Events,” will examine the role of travel technology platforms in facilitating sports tourism, key lessons from prior global sporting events, the importance of having a variety of travel and lodging options and strategies to enhance visitor experiences while safeguarding consumers from fraud. Panelists include:
Becky Foley, Vice President and Head of Trust & Safety at Tripadvisor;
Meg Kane, CEO of the Philadelphia World Cup Host Committee, and
Mike Signer, North American Policy Director at Airbnb, with
Laura Chadwick, President and CEO of Travel Tech as moderator.
Second Panel (5:35 to 5:55 pm): “Navigating the Unique Needs of Travel Tech Startups,” will focus on unique needs and challenges facing travel tech startups—from accessing capital to navigating the complex tax and regulatory landscapes. Panelists include:
Tomasz Pawliszyn, CEO of AirHelp;
Branda Fan, Founder and CEO of Nowy, and
Cara Whitehill, Vice President at Thayer Investment Partners, with
Brandon Palumbo, Director of Policy and Government Relations of Travel Tech as moderator.
The Travel Technology Association (Travel Tech) empowers traveler choice by advocating for public policy that promotes marketplace transparency and competition. Travel Tech represents travel technology innovators ranging from dynamic startups, small, and midsize businesses to leading online travel agencies, metasearch engines, short-term rental platforms, global distribution systems, and travel management companies.
To schedule an interview with a Travel Tech spokesperson, contact Bradford Williamson of Glen Echo Group at 202.870.3234 or bwilliamson@glenechogroup.com.
Tuesday, April 8, 2025 — Today, Laura Chadwick, President and CEO of the Travel Technology Association, released the following statement applauding the House Energy & Commerce Committee for advancing H.R.1479, the Hotel Fees Transparency Act of 2025, out of committee.
“Travel Tech thanks the House Energy & Commerce Committee for advancing the Hotel Fees Transparency Act of 2025, which ensures hotels, short-term rentals, and other lodging providers disclose the full price of accommodations upfront. We applaud Reps. Young Kim, Kathy Castor, Russell Fry, and Kevin Mullin for their bipartisan leadership and support. Alongside its Senate companion, S.314, this bill sets a nationwide standard for transparent pricing. We look forward to working with Congressional leadership to advance this pro-consumer legislation to final passage.”
The Hotel Fees Transparency Act will establish a uniform definition of “total service price” nationwide, ensuring clear and consistent for travelers, no matter where they live or how they book their lodging.
Earlier this year, Travel Tech issued a letter supporting the reintroduction of the Hotel Fees Transparency Act of 2025 (S.314), the Senate companion bill. Travel Tech strongly supports both measures and urges Congress to pass this critical legislation.
Additionally, Travel Tech applauds the Committee for advancing H.R. 617, American Music Tourism Act of 2025, which would boost local tourism by spotlighting America’s music destinations. Local economic benefits of travel and tourism relies on consumers having a wide variety of lodging and transportation options.
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The Travel Technology Association (Travel Tech) empowers traveler choice by advocating for public policy that promotes marketplace transparency and competition. Travel Tech represents the leading innovators in travel technology, including online travel agencies, metasearch engines, short-term rental platforms, global distribution systems, and travel management companies.
To schedule an interview with a Travel Tech spokesperson, contact Bradford Williamson of Glen Echo Group at 202.870.3234 or bwilliamson@glenechogroup.com.
Legislation would allow for immediate R&D expensing by travel tech companies, large and small
Tuesday, March 25, 2025 — The Travel Technology Association announced its support for H.R. 1990, the American Innovation and R&D Competitiveness Act of 2025, which was recently introduced in the U.S. House of Representatives by Congressmen Ron Estes (R-KS) and John Larson (D-CT). This bipartisan bill aims to restore the immediate deductibility of research and experimental expenditures, encouraging innovation and bolstering the U.S. economy.
“The travel tech industry consists of large and small innovators. The restoration of the immediate deductibility of research and development costs will directly support their efforts to improve the travel experience,” said Laura Chadwick, president & CEO of the Travel Technology Association.
Prior to 2022, businesses could fully deduct R&D expenses in the year they were incurred. However, changes implemented by the Tax Cuts and Jobs Act of 2017 require these expenses to be amortized over five years, increasing the after-tax cost of R&D and potentially discouraging investment in innovation. H.R. 1990 seeks to reverse this change, allowing for immediate expensing of R&D costs and supporting companies in investing more heavily in research and development.
Travel Tech has issued an “Action Alert” and is asking industry members to send their own letter of support to their members of Congress through Travel Tech’s Policy Action Center.
The Travel Technology Association (Travel Tech) empowers traveler choice by advocating for public policy that promotes marketplace transparency and competition. Travel Tech represents travel technology innovators ranging from dynamic startups, small, and midsize businesses to leading online travel agencies, metasearch engines, short-term rental platforms, global distribution systems, and travel management companies.
To schedule an interview with a Travel Tech spokesperson, contact Bradford Williamson of Glen Echo Group at 202.870.3234 or bwilliamson@glenechogroup.com.
Travel Tech’s comments emphasize the discriminatory and non-reciprocal nature of DSTs imposed by certain foreign jurisdictions. Since DSTs are imposed on marketplace activity and not companies selling directly to customers, U.S.-headquartered travel comparison platforms are disproportionately affected by these taxes, which distort competition, hinder growth, and raise travelers’ costs.
“Travel Tech’s member companies connect millions of travelers with hundreds of thousands travel service providers across the globe. They support travel service providers in the sale of their quickly-expiring goods, such as hotel rooms or airline tickets on a particular day and time,” said Laura Chadwick, President & CEO of Travel Tech. “Yet Digital Services Taxes are only imposed on travel comparison platforms, not the travel service providers, even though they are selling the same exact goods. DSTs unfairly undermine the transparency and competition that Travel Tech members offer to travelers.”
The letter also highlights Travel Tech’s concerns about DSTs, including double taxation, compliance challenges, financial burden, lost revenue, and opportunities for American innovation.
These comments follow Travel Tech’s recent letter to the Trump Administration emphasizing the impacts of Global DSTs on travel technology companies, as well as another letter sent by Travel Tech to the former U.S. Trade Representative on Canada’s DST tax.
The Travel Technology Association (Travel Tech) empowers traveler choice by advocating for public policy that promotes marketplace transparency and competition. Travel Tech represents travel technology innovators ranging from dynamic startups, small, and midsize businesses to leading online travel agencies, metasearch engines, short-term rental platforms, global distribution systems, and travel management companies.
To schedule an interview with a Travel Tech spokesperson, contact Bradford Williamson of Glen Echo Group at 202.870.3234 or bwilliamson@glenechogroup.com.
Friday, February 21, 2025 — Today, Laura Chadwick, President and CEO of the Travel Technology Association, released the following statement applauding the re-introduction of the House companion bill to S.314, the Hotel Fees Transparency Act of 2025.
“Travel Tech strongly supports the re-introduction of the Hotels Fees Transparency Act of 2025. This bill will require consumers to be shown the total price up-front for hotel rooms and other places of short-term lodging, including both the nightly rate and all mandatory fees.”
“Travel Tech applauds Rep. Young Kim (CA-40), Rep. Kathy Castor (FL-14), Rep. Russell Fry (SC-07), and Rep. Kevin Mullin (CA-15) for their leadership on this bipartisan, common-sense legislation. This bill and its Senate Companion S.314 set one national standard on what constitutes a “total service price” and how it must be displayed giving consumers clarity regardless of where or how they book accommodations. We look forward to working with Congress to advance this pro-consumer legislation toward its final passage.”
The Travel Technology Association (Travel Tech) empowers traveler choice by advocating for public policy that promotes marketplace transparency and competition. Travel Tech represents the leading innovators in travel technology, including online travel agencies, metasearch engines, short-term rental platforms, global distribution systems, and travel management companies.
To schedule an interview with a Travel Tech spokesperson, contact Bradford Williamson of Glen Echo Group at 202.870.3234 or bwilliamson@glenechogroup.com.
Travel Technology Association Applauds the Re-Introduction of the Hotel Fees Transparency Act of 2025
Wednesday, October 15, 2025 — Today, the Travel Technology Association (Travel Tech), a non-profit dedicated to promoting and protecting the travel technology industry, hosted the second edition of its Start-Up & Investor Connect Webinar. During the hour-long virtual event, Travel Tech Start-Up Members pitched their companies’ new innovative services to angel investors, answered their questions, […]
