Hotel operators are fighting against Los Angeles, $ 30 minimum wage

Los Angeles Hotel operators fight less than $ 30 for wages approved by the city council, amid conflict with “profitability”.

“Hotels not only feed tourism. They support local workers and their families.

Piccaria is a partner at the Angelino Hotel in West Los Angeles.

He added in the statement: “My Hotel is a family -owned business. We have been an important local economic engine for society. Our hope is to be able to maintain our doors open and survive this new challenge for the next generation.”

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The recently approved municipal decree is that the city’s hotels must raise their wages by $ 2.50 each year until it reaches $ 30 in 2028.

Hotel operators who were looking for the main sporting events to help them apostasy after Los Angeles decreased in tourism and travel. La is scheduled to host the Olympic Games, Super Bowl, FIFA World Cup matches, and NBA All-Star.

But the upcoming sports epics will not be sufficient to compensate for the increase in employment costs. Wall Street Journal.

“You will have a lot of hotels in Los Angeles to be released,” said Picaria. WSJ also told that he was holding a renewal of $ 10 million in his hotel due to increased wages.

“We would like to sell,” John Portz, CEO of Pebblebroook Hotel Trust told WSJ. Bortz owns about 9 HotelsThere are two of them in the city and seven others in the Greater La.

“But no one will buy it,” Portz added.

The expected fall in the Los Angeles hotel industry was pushed to AHLA to launch a petition to prevent high wages.

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The petition, which has received more than 140,000 signatures, exceeds 93,000 to put the initiative in the state vote 2026. Voters will now be able to vote to cancel the order next year.

Wages were proposed and approved despite the negotiations between AHLA and the city council, According to the message AHLA was sent in May to Los Angeles Dean Karen Bass asking her to veto the decree.

“Our industry has been greatly ignored,” Ahla wrote.

Welcome to the consequences of an “economic tent” issued by the chief administrative official in Los Angeles and the CEO of Los Angeles International Airports, amid “travel, tourism and hospitality in the city already.”

The message explained that “Economic Tsunami” will affect the industry with The minimum wage The hiking, noting the low occupancy rates, workers ’layoffs, a loss of more than $ 169 million in tax revenues, is hindered by the developments of new hotels and the elimination of the prices of private rooms for the Olympic Games in the year 2028.

AHLA reported that the tourism industry was one of the most profitable industries in Los Angeles, as it was born more than 40 billion dollars in local business sales and employs more than 540,000 people.

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“However, the complex effects of postpartum recovery, destroyed forest fires, international travel, inflation, high prices, and many issues outside our control have pushed the city’s hospitality industry to the brink of the abyss.”

He did not respond immediately Fox’s workRequest to comment.