WASHINGTON, D.C. Contributions to the American Hotel & Lodging Foundation s (AH&LF) New Century Fund exceeded its initial goal of $8 million. The New Century Fund has, over a period of seven months, received pledges totaling $8.175 million.
The funds raised by the AH&LF will be used to support scholarship programs for the hospitality industry, develop and enhance industry training programs, and assist the industry in utilizing the most current technology services. The campaign will continue until all major industry segments have been contacted. (4/11/01)