Speaking on behalf of the coalition, because it's a much bigger number, we're talking about two million jobs here if we lose the critical infrastructure that supports these businesses. Think about all of the IT systems, the HR, the training, all of the employees. Think about closing all these businesses, transferring ownership, then rehiring all of these people, retraining them all and putting all the new systems back in place. As it is, the forecast that came out yesterday from CBRE suggested that our true recovery starts in the summer of 2022, and we don't get back to pre-pandemic levels until 2025.
That's assuming that these investments come through. If they don't come through.... We haven't actually measured that number because I'm scared to measure that number, quite honestly. To put a dollar figure on it, speaking now just for the hotel industry, which is a $22-billion industry, if we lose 70% of that—you can do the math—it's more than $12 billion that would be lost.